There are a lot of things to keep track of as a business owner, with payroll taxes being one of them. The IRS requires you to withhold payroll taxes on your employees’ earnings and also contribute payroll taxes. This process can be complicated if you aren’t prepared. Read on to learn the difference between income […]
Read More How to Pay Payroll Taxes: A Step-by-step GuideAndrew Freiman
Limited Liability: A Shield for Your Business
Running a business is always a risk. The risk of a lawsuit or bankruptcy can scare many would-be business owners before they even get started. These risks don’t have to affect you personally, but they may depending on how you structure your business. Limited liability protects an individual’s assets in the case of a lawsuit […]
Read More Limited Liability: A Shield for Your BusinessHow to Deal with Rude Clients in Your Accounting Practice
We’ve all dealt with upset clients. Some don’t like your advice and others ignore it entirely. Some clients want things done yesterday and others just came to you yesterday and need things done tomorrow. Whatever the case is, rude clients are easy to come by. What can feel hard is conflict resolution with customers. Read […]
Read More How to Deal with Rude Clients in Your Accounting PracticeSick Balance on Paycheck Requirements by State 2022
No matter when you cut your checks for your employees, paychecks usually come with a pay stub. A pay stub, or check stub, explains details about your employee’s pay. Depending on where your business is located, you may also have to share information about the employee’s paid sick leave. This article will explain sick balance […]
Read More Sick Balance on Paycheck Requirements by State 2022For Richer and Poorer: How to Start a Business With Your Spouse
Americans love talking about their favorite mom-and-pop shops. When we use the term mom-and-pop, we’re talking about a spouse-owned business. A spouse-owned business gives new meaning to “for richer and poorer” (and “till death do us part!”). According to Harvard Business Review, three million businesses in the U.S. are spouse-owned. This type of business also […]
Read More For Richer and Poorer: How to Start a Business With Your SpouseTax-deductible Donations to Ukraine: Employee PTO Donations
Russia’s invasion of Ukraine has people across the U.S. thinking of ways to donate to the Ukrainian people. Businesses giving charitable donations, like money and property, are common. But, there are other ways to contribute. Employees can make PTO donations to Ukrainian refugees to help raise money for those in need. Read on to learn […]
Read More Tax-deductible Donations to Ukraine: Employee PTO DonationsAmerica’s Best-kept Secret: The Employer-provided Childcare Tax Credit
The employer-provided childcare tax credit has existed for over 20 years to help employers secure affordable childcare for their employees. The only problem is, no one seems to know about it. It may be America’s best-kept secret for your employees with children.
Read More America’s Best-kept Secret: The Employer-provided Childcare Tax CreditWhat Exactly Is an Error of Omission? Getting to Know This Common Accounting Mistake
Your business lives and dies by your ability to buy and sell products on a competitive margin. But, you may take for granted why bookkeeping is important to the health of your business. Several mistakes—like errors of omission—can get in the way of keeping accurate books
Read More What Exactly Is an Error of Omission? Getting to Know This Common Accounting Mistake“The First State” Becomes the 11th: Delaware Paid Family Leave Coming Soon
With the passage of the Healthy Delaware Families Act (the Act), Delaware became the 11th state to guarantee paid parental, medical, and military leave for employees. Delaware paid family leave (PFL) touches the lives of both employees and their employers. While the Act won’t go into effect until 2025, there are a number of things […]
Read More “The First State” Becomes the 11th: Delaware Paid Family Leave Coming SoonBest Shift Swap Practices for Employers and Employees
If you’ve ever had to put together a schedule, you know the unique pain of a last-minute shift swap. You’ve created a highly exact work of art, after all. When someone changes it at the last minute, all types of problems can show up. Shift swapping can be unnecessarily complicated if you aren’t prepared. This […]
Read More Best Shift Swap Practices for Employers and Employees