Make sure you and your team know which ratios or financial data matter to your business. Then distribute the latest numbers regularly. Example: An investment firm may track earnings per share and assets under management, setting targets and motivating employees to exceed them.
Thousands of employers have been snared in the IRS's all-out initiative to increase employment-tax audits—its first such initiative in 25 years. A main target: the tax treatment and reporting of employee fringe benefits....Click here to find out more.