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Business Matters

January 29, 2026
Month-by-Month Habits That Make Year-End Close a Breeze

Year-end close can feel like it’s far away, but it will be here before we know it! The good news is that a few consistent monthly best practices can make June and July far more manageable. By building these habits into your regular routine, you’ll reduce surprises, save time, and keep stress levels (and inboxes) under control.

January 22, 2026
Important Notice if You are Traveling From January 22, 2026 into the Following Week

An expansive winter storm is shaping up to impact millions from the central Plains to the East Coast on Friday through Sunday.

January 21, 2026
Taxes – An Overview for a Public University in Ohio

Public universities in Ohio operate under a unique tax framework. As state institutions, they are exempt from many taxes that apply to private organizations, but they are not tax-free. Certain taxes still apply depending on the university’s activities, employees, and revenue sources.

January 20, 2026
IRS Mileage Reimbursement Rate for Calendar Year 2026

Beginning on January 1, 2026, the standard mileage rate for the use of a personal vehicle is 72.5 cents per mile for business use. These rates apply to all vehicle types (including electric, hybrid-electric, gasoline and diesel-powered vehicles).

January 20, 2026
Global Border Controls & Entry Requirements: What’s New in 2026

As 2026 progresses, many countries and regions are moving toward digitized entry systems, biometric checks, and pre-travel authorizations that affect millions of business travelers worldwide.

EU: More Automated Borders with EES & ETIAS

January 20, 2026
Speaker Fee and Honorarium Payment Requirements under Ohio Senate Bill 1 (SB1)

Under Senate Bill 1, Ohio’s public colleges and universities have to be more open about money they pay to honorariums and outside speakers. Specifically,

January 20, 2026
Pcard and Travel Card Holders - Important Update from Bank of America: New Security Step for Online PCard Purchases

In an effort to reduce fraud, Bank of America is enhancing security for online (card-not-present) purchases made with Commercial and Corporate Cards, including University-issued Payment Cards (PCards).

January 15, 2026
New PaymentWorks Invitation Reasons: Reimbursement & Stipend

To help streamline supplier setup and payment processing, we have added Reimbursement and Stipend as selectable options in the “Reason for Inviting the Supplier” field when sending an invitation through PaymentWorks.

What this means for initiators

January 9, 2026
No New Invitation Needed: How Suppliers Can Update Their Information in PaymentWorks

To help streamline our processes and reduce duplicate requests, we want to clarify an important point about updating supplier information in PaymentWorks.

The Key Takeaway