Discover the new DOL final rule increasing the minimum salary for exempt employees in 2024. Learn about key changes, exceptions, and steps employers need to take for compliance.
With the rise of digital payment platforms like Cash App and Venmo, businesses are increasingly conducting transactions through these channels. While these platforms offer quick and convenient payments, they also require careful monitoring for 1099 reporting purposes. The IRS now mandates businesses to report payments made through third-party networks, including digital payment platforms, on their […]
Job seekers and employers both get a win with Tennessee’s new E-Services website for Unemployment.
In the realm of small business management, mastering bookkeeping is key to financial success. This comprehensive guide explores essential bookkeeping practices tailored for small businesses, offering actionable strategies to simplify and optimize this vital process. Why Bookkeeping is Crucial for Small Businesses Bookkeeping is the backbone of financial management for small businesses, providing insights into […]
Chattanooga Payroll & HR Services Are you feeling overwhelmed by the constantly evolving landscape of payroll and HR? You’re not alone! With new technology, regulations, and best practices emerging all the time, it can be challenging to keep up. But fear not – our comprehensive guide is here to help you navigate this ever-changing world […]
Department of Labor Final Rule If it feels like we’ve been here before, it’s not just déjà vu…we actually did talk about the differences between a “regular employee” and an “independent contractor” a few months ago. Most of the guidance we talked about back then is still relevant, but at the beginning of this year, […]
In today’s fast-paced business world, small businesses and budding entrepreneurs often find themselves at a crossroads, seeking support to ignite their growth and navigate the challenges of the entrepreneurial journey. This is where the magic happens! We’ve found a list of 50 extraordinary grants, accelerators, and free resources, each curated to empower small businesses. From […]
An “introductory period” for employment has become a fairly standard business practice…but is it required?
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, […]
The Department of Labor is planning for changes to the definition of exempt employees…make sure you are ready!
