How To Migrate Your Payroll Taxes
All components of business are important to its success. It is not only the product and service but what goes on behind the scenes. Of course, you may immediately think of proper amount of inventory, branding, and what kind of marketing you want to employ, and let’s not ignore the rude reality of TAXES! Aaargh. […]
How We Help Expand Your Business
Knowing all your administrative options available is imperative for business success. This article is for entrepreneurs & small business owners who are trying to decide if they’ve effectively covered all the bases. Let’s take a look at providing the very best service options for you and your entire organization. Payroll needs vary. That’s why we […]
What We Know About the Vaccine Mandate (For Now)
On September 9, 2021, President Biden announced new approaches to combating COVID-19. One of the most significant aspects of these plans includes coronavirus vaccine mandates. So.. what does the new plan require, and what does it mean for both employees and employers? The short answer: it requires about 100 million American workers to either get […]
Employee and Employer Payroll Taxes – What’s The Difference?
Even though payroll taxes are paid by both employers and employees, there’s one major difference. Payroll taxes paid by employees affect employees’ net pay, but payroll taxes paid by employers don’t. Taxes that employees pay are subtracted out of an employee’s gross pay, which lowers the net pay for that paycheck. However, payroll taxes paid by the employers do not affect […]
Should I Set Up My Business as an LLC or S-Corp?
Choosing the right business classification is critical to the success of your business. This article is for entrepreneurs & small business owners who are trying to decide whether they should structure their business as an LLC or S Corporation. Let’s dive into the differences and figure out what is best for you. An S corporation […]
Everything You Need To Know About The New PPP Direct Portal
Fantastic news for small business owners — the SBA direct PPP forgiveness portal is now open! Those who have borrowed $150,000 or less from the Paycheck Protection Program (PPP) can apply for PPP loan forgiveness directly through the SBA portal. This new direct forgiveness program will simplify the PPP forgiveness process and give faster relief […]
Important Tax Dates for Small Businesses [2021]
This was definitely an interesting year for taxes. We saw everything from tax extensions and exemptions, to small business loans and stimulus checks. However, this effort to help people and small businesses through the pandemic has brought implications for filing taxes this year. Here we take a look at the important tax dates for small […]
SBA Faces Backlash Over The Restaurant Revitalization Fund
The Small Business Administration (SBA) reported more than 266,000 applications have been received for the Restaurant Revitalization Fund (RRF). More than $65 billion has been requested for funding, however, only $29 billion was allocated. Nearly half of the applications have come directly from women, veterans, and minority business owners. This has left hundreds of thousands […]
Discover How To Apply for the Restaurant Revitalization Fund in Chattanooga TN
Discover How To Apply for the Restaurant Revitalization Fund in Chattanooga TN The new Restaurant Revitalization Fund, part of the recently passed American Rescue Plan Act, will provide $28.6 billion in grants to restaurants and bars in need. Currently, the SBA is not accepting applications for RRF. However, you can prepare your application by reviewing […]
Outsourcing Payroll Services in Chattanooga
Outsourcing Payroll Services in Chattanooga There are so many moving parts to running a business. Inventory, scheduling staff, branding, marketing strategies, product development, etc. That is only naming a few areas that a business owner must be on top of when creating an excellent environment for staff, management, and most importantly, customers. Then of […]