Is An “Introductory Period” of Employment Required?
An “introductory period” for employment has become a fairly standard business practice…but is it required?
#TuesdayTips – Understanding BOI Reporting: A Quick Guide
Hey folks! Wondering what BOI (Beneficial Ownership Information) is and how it affects your company? Here’s a breakdown: What is BOI? BOI helps identify individuals owning or controlling a company. Part of the Corporate Transparency Act to combat hidden gains through shell companies. Reporting Deadlines: Companies created before Jan 1, 2024, report by Jan 1, […]
Exempt Employee Changes Could Be Coming!
The Department of Labor is planning for changes to the definition of exempt employees…make sure you are ready!
#TuesdayTips – Schedule your Year-End Tax Session now!
We’re here to help you prepare for a successful 2024 Tax Season. Expect email links for your sessions soon! Nov 1 – Dec 15, 2023 In-person or Virtual via Google Meet Questions? Email taxes@southernpb.com.
#TuesdayTips – Considering Non-Natural Hair Colors in the Workplace!
Yes, non-natural hair color is not a protected characteristic, but there are some vital things to keep in mind before establishing a policy on this: While employers can set dress codes, it’s essential to have a valid business reason for restrictions. If neon pink hair feels unprofessional but won’t affect your bottom line, consider letting […]
IRS Calls For a Time Out on Employee Retention Credit
Last month, the IRS announced that they would put the Employee Retention Credit on hold while they worked to minimize fraud from it
#TuesdayTips: Discover Gusto
Discover Gusto: The Top-Ranked Payroll & HR Software for Small Business In today’s fast-paced business environment, efficiency, accuracy, and ease of use are the cornerstones of success. When it comes to human resources and payroll tasks, Gusto is taking the lead. Small businesses are thriving, thanks to this savvy, modern platform that seamlessly integrates payroll, […]
Best Bookkeeping Service in Chattanooga
Best Bookkeeping Service in Chattanooga When it comes to efficient and reliable bookkeeping services in Chattanooga, look no further than Southern Payroll & Bookkeeping. Our team of highly skilled professionals possess an exceptional understanding of the intricacies involved in bookkeeping, and we are dedicated to providing you with unparalleled service tailored to your specific needs. […]
CAN I GIVE EXEMPT EMPLOYEES AN UNPAID DAY OFF?
Exempt Employees usually get paid a fixed amount every week they work, but there are instances where they can be made to take unpaid time off
#TuesdayTips: A Comprehensive Guide to Tracking Your Miles for Write-Offs
As tax season approaches, individuals and businesses alike are on the lookout for every possible deduction to minimize their tax burden. One often overlooked but valuable opportunity for potential tax savings is the ability to deduct business-related mileage expenses. Whether you’re a freelancer, a small business owner, or an employee who uses their personal vehicle […]