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Intuit to cease support for QB Desktop 2020

Intuit will be ceasing support for QuickBooks Desktop 2020 on May 31, 2023.

The tax and accounting software giant annually sends emails to customers about discontinued services. On this most recent change, Intuit began directly emailing accountants with QuickBooks Desktop 2020 customers in February 2023, according to an Intuit spokesperson.

What this specifically means is that access to QuickBooks Desktop Payroll Services, Live Support, Online Backup, Online Banking, and other services through QuickBooks Desktop 2020 software will be discontinued after May 31, 2023. This also means people won't receive critical security updates starting June 1, 2023.

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What criteria should be used in selecting employees for a workforce reduction?

Carrying out workforce reductions can pose great challenges and risks to employers in terms of disparate treatment, or adverse impact on protected employee groups. Several options are available when planning necessary workforce reductions, which are discussed below. In addition, it is a good idea to research the federal EEOC and the state fair employment practice laws to minimize inherent risks of potential discriminatory charges. -SHRM.org

CFOs Are Operating in the Dark with their Supply Chains

Most learned the hard way in recent years that not being on top of your supply chain can lead to all sorts of delays and added costs. And yet, as Ali Raza, co-founder and CEO of Through Put, notes in a piece for StrategicCFO360, more than 60 percent of finance chiefs report not having complete visibility into their company’s transactions. -Strategic CFO