Remember When? When you started your business you may have had to make a decision…are your employees going to be W2 and 1099? It’s not a small matter, but one with long-lasting impact on how you do your business and whether the IRS comes to visit you on the issue. It can also help protect […]
There’s been a flurry of activity lately on the issue of the OSHA Mandate and other vaccination regulations
One of the world’s biggest payroll software companies, Kronos, has recently been struck by a massive ransomware attack. This data breach left millions of public and private sector customers without paychecks ahead of Christmas, one of the worst times possible to not get paid. Multiple Kronos software platforms used by thousands of clients have been unavailable […]
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. […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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