Payroll tax audits can feel overwhelming, especially for small businesses. These audits often result from simple filing errors or missing payments. Misclassifying employees or failing to deposit payroll taxes on time can also trigger an audit. Understanding what...
We have talked about the need for you to be able to reach your remote bookkeeping service in times of need but we haven’t talked about the need for that company to be accurate. It may seem like an obvious thing but some companies don’t have the manpower to keep up...
When you are a business owner, there are a lot of things to consider about your business. The type of business, color schemes, and even the type of people that you want working for you are big issues. Something like whether or not to hire in-house bookkeeping is a big...
Starting a business isn't easy. It takes a brave soul and a creative mind to deal with all the challenges of building your own company from the ground up. Business owners must wear multiple hats every day, from Chief Marketing Officer to Head Of Human Resources. Once...
Payroll is the compensation you owe your employees for their work in your business. Payroll is calculated based on the gross pay minus all taxes and deductions that must be paid. One of the many duties an employer has is calculating payroll taxes for their employees...
Businesses are always looking for ways to reduce company expenditure. One way to achieve this is to hand over your accounting functions to outsourcing companies. Instead of hiring a team of less experienced accountants, you can hire outsourced accountants with years...
With the ever-evolving workplace and the increase in the capabilities of technology, it is becoming more common for employees to work full-time remotely and reside outside of the state in which their employer is located. Therefore, it is important for employers to...
Manually tracking employee hours is a time-consuming and inefficient process that can lead to costly errors. But what if there was a better solution that would improve efficiency, boost employee productivity and ensure compliance? Keep reading to learn the top five...
Completely eliminating paper in your small business may not always be practical but even a small reduction in paper usage could yield cost savings and boost productivity. Let’s take a look at the benefits of running a paperless office and our top 7 tips for going...
2016 is quickly coming to an end. As you start to make holiday plans with your friends, family members and colleagues, be sure to put a big red circle around a very important date on your calendar: December 1, 2016.This is the date that the Fair Labor Standards Act...
The Fair Labor Standards Act of 1938 sets the standards for overtime pay and the basic minimum wage. Back in April, we wrote a popular blog post that looked at the Department of Labor’s (DOL) proposed changes to this Act. We spoke about how important it is for small...
As a small business owner, are you finding that you are consistently worrying about managing payroll? Administering payroll is essential to the smooth running of any business. However, when managed poorly, businesses can incur unnecessary costs and even run the risk...
