You’re doing a bank statement reconciliation (aka the process of comparing your bank statement to books) like normal. But, things don’t add up. Suddenly, you realize the discrepancy is because there’s a large charge on your statement … but not in your books. Where’d this come from? I never spent this! And indeed, you haven’t—you’ve […]
Read More Business Bank Account Fraud: What to Do If You Notice an Unauthorized Transaction
Author:
Rachel Blakely-Gray
As Patriot's Content Manager, Rachel is responsible for planning and creating useful, actionable content for Patriot’s marketing department.
Aug 02, 2022
Are Gift Cards Taxable?
Want to show your employees you appreciate their hard work throughout the year? You might decide to distribute gift cards to your employees. But before you start doling them out, you need to know …. Are gift cards taxable?
Read More Are Gift Cards Taxable?Jul 20, 2022
The PA Employer’s No-fuss Guide to Payroll Tax in Pennsylvania
Payroll tax in Pennsylvania is notoriously difficult, confusing, and overwhelming for new and veteran employers alike. And when it comes to payroll, you probably don’t want to waste time making preventable payroll mistakes.
Read More The PA Employer’s No-fuss Guide to Payroll Tax in PennsylvaniaJul 15, 2022
3 Ways to Handle Rising Costs as an Accountant
It’s no secret that prices are on the rise. Inflation or not, rising costs are common in business. And as an accountant, you likely have partners (e.g., a payroll partner), office space, equipment, and other expenses that are prone to price increases. So, what do you do if you’re hit with a price increase?
Read More 3 Ways to Handle Rising Costs as an AccountantJul 07, 2022
“Would You Like to Round up for Charity?” 6 Facts to Know About Checkout Donations
You’re at the checkout counter, wallet in hand, preparing to pay for your purchase. But before you can, the cashier asks if you’d like to round up or make a donation for charity. Sound familiar? If so, you’re part of the millions of consumers hit with a request for checkout donations.
Read More “Would You Like to Round up for Charity?” 6 Facts to Know About Checkout DonationsJul 05, 2022
4 Proven Tips to Boost Your Upfront Payment Success Rate Now
Nearly three-quarters of business owners are dealing with rising costs of supplies. To help you pay for higher-than-normal supply prices, you might need to use credit for projects until you get paid. One alternative to racking up liabilities? You can ask customers for an upfront payment.
Read More 4 Proven Tips to Boost Your Upfront Payment Success Rate NowJun 15, 2022
States With Paid Family Leave [+ Chart & Map]
In 2020, eligible employees in every state could receive paid family leave … temporarily and for COVID-related reasons, under the Families First Coronavirus Response Act. But outside of this expired emergency legislation, there are only a handful of states that require paid family leave.
Read More States With Paid Family Leave [+ Chart & Map]Jun 14, 2022
How Can Your Product-based Business Respond to Shifts in Consumer Spending (2022)?
Target’s slashing prices on inventory like appliances and televisions. Marriott’s hotel room demand for leisure travel is up 10% compared to 2019 bookings. What does this mean for consumer spending in 2022? It means that a great shift in consumer spending 2022—from goods to services—might be here.
Read More How Can Your Product-based Business Respond to Shifts in Consumer Spending (2022)?Jun 13, 2022
Ready to Beef up Your Benefits Package? Here’s How to Set up a 401(k) for Your Business
Want to claim 401(k) tax credits worth up to $16,500? Ready to attract and retain employees with a better benefits package that lets them save for retirement? If so, you might be interested in starting a 401(k). But to do that, you need to know how to set up a 401(k) in your small business.
Read More Ready to Beef up Your Benefits Package? Here’s How to Set up a 401(k) for Your BusinessJun 09, 2022
The Average Cost of Living by State, and Why Ignoring it Could Sink Your Business
You hear about it all the time in the news—Cost of living rising! Maybe you think about it on a daily basis—Do I earn enough to cover my standard of living?
Read More The Average Cost of Living by State, and Why Ignoring it Could Sink Your Business