As a business owner and employer, there may be times when your employees receive tips. But, does receiving a tip from a customer automatically make an employee a tipped employee? And if so, what are the laws, regulations, and requirements for tipped employees and their wages? Keep reading to learn more about how to handle […]
Read More How to Handle a Tipped Employee and Their PayMichele Bossart
Patriot Software Secures Undisclosed Series-A Funding Round
Canton, OH Patriot Software Company, a leading accounting software and payroll software provider, announced today that it has raised an undisclosed amount in Series-A funding, led by RZC Investments. Located in Bentonville, Arkansas – RZC Investments is a multi-strategy investment firm focused on deploying capital into operating businesses as the investment arm for the Walton […]
Read More Patriot Software Secures Undisclosed Series-A Funding RoundDo You Know Your Business’s Cost of Goods Sold?
Before you can begin looking into your business’s profit, you need to understand and know how to calculate cost of goods sold (COGS). So, where do you begin? Start here by learning all about COGS, including how to find cost of goods sold and what you can use it for.
Read More Do You Know Your Business’s Cost of Goods Sold?What Should Your Employee Payroll Records Include?
As a business owner, part of the job is managing a lot of different records. From tax records to accounting records, it can be quite a bit to keep up with. And when you hire employees and become an employer, it adds employee payroll records into the mix. Read on to learn all about payroll […]
Read More What Should Your Employee Payroll Records Include?COBRA Health Insurance—Do You Need to Offer It?
As your business grows, so do your responsibilities as a business owner. Once you have 20 full-time equivalent employees and offer health insurance, you need to know about COBRA. What is COBRA? Do you have to offer it? Read on to get answers to these questions and more.
Read More COBRA Health Insurance—Do You Need to Offer It?What Is the Earned Income Tax Credit, and How Does it Work?
This article has been updated to include 2022 information. The American Rescue Plan was signed into law on March 11, 2021. This article was updated to include information about EITC changes under the new plan. If you have a low- or moderate-income worker, they may be eligible for the earned income tax credit (EITC). Read […]
Read More What Is the Earned Income Tax Credit, and How Does it Work?The Scoop on the California Paid Sick Leave Law
Some states, like California, require mandatory paid sick leave. The majority of California’s employers must offer paid sick leave to their employees. So, what is the California sick leave law?
Read More The Scoop on the California Paid Sick Leave LawDo I Need an Accountant for My Business? Get Your Yes or No Answer Now
As a business owner, you’re used to wearing a million hats and doing things yourself. But sometimes, you need a helping hand. Some tasks, like accounting, can be time-consuming and downright stressful— especially if you’re not an expert. If you’re struggling to manage your own books, hiring an accountant may be a good fit for […]
Read More Do I Need an Accountant for My Business? Get Your Yes or No Answer NowPatriot Expands Advertising to National TV and Streaming Platforms
Patriot Software, a leading online accounting software and payroll provider, continues to expand its brand reach by launching a new advertising campaign on national television and streaming platforms. Patriot Software, also known as “PATRIOT,” has disrupted the traditional accounting and payroll industries by streamlining accounting and payroll software for American business owners and their accountants […]
Read More Patriot Expands Advertising to National TV and Streaming PlatformsUnderstand the Difference Between Exempt vs. Nonexempt Employees
Employees want the wages they deserve. Employers want to avoid penalties and fines. Want the best of both worlds? Understand the difference between exempt vs. nonexempt employees.
Read More Understand the Difference Between Exempt vs. Nonexempt Employees