#TuesdayTip

#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, […]

#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 […]

#TuesdayTips: 4 HR Tips to Create a Positive Workplace

Whether you just started your own small business or you have been up and running for years now, it is very important to have an HR strategy in place. The role that the Human Resources department plays has changed a lot over the years and has now evolved into a role not only responsible for […]

#TuesdayTips: 7 Accounting Pointers for Running Your Small Business

Starting your own business is hard work. Being a business owner is already filled with lots of to-do lists, meetings, and other activities, and the last thing that you probably want to think about is getting your books in order. For this weeks #TuesdayTip, we have compiled a list together of 7 pointers that every […]

#TuesdayTips: Should I Hire a W-2 Employee or a 1099 Independent Contractor?

It is definitely a big decision to hire a new employee. Starting with a contractor, or a 1099 employee can be a great way to expand your business, but it is very important to take all things into consideration to avoid misclassifying your future employees. In this weeks #TuesdayTip, we will be comparing W-2 and […]

#TuesdayTips: Hiring Employees for Your New Small Business in 6 Easy Steps

Hiring employees to work at your fairly-new business can seem intimidating. You might be asking yourself, “Where do I even begin?”. Well, here at SPB, we care about partnering with small businesses and giving them the tools that they need to not only survive, but thrive. We share the same passion that you do– to […]

#TuesdayTips: 3 Ways to Use a Balance Sheet to Accurately Identify Your Company’s Financial Strengths and Weaknesses

As a business owner, staying on top of your books is crucial to the success of your business. Maintaining your books and preparing balance sheets is very important for tax, legal, and regulatory reasons. Using a balance sheet will help you to monitor assets and know the net worth of your company. A balance sheet […]

#TuesdayTips: How to Use Gusto to Distribute Employee W-2’s

Well, it’s that time of the year again… tax season! We know the time to send out W-2’s or 1099’s to your employees has passed, but we have gotten so many questions from our clients on how and where to access their W-2’s. We thought, why not explain how for next year! As an employer, […]