Category Archives: Payroll Tips

How to Survive a Worker’s Comp Audit

If you have employees, you have the distinct honor once per year of being part of a worker’s compensation audit. You likely receive a form in the mail, an email request, or a phone call that will ask you about your … Continue reading

Posted in Business Taxes, Business Tips, Cost-Savings Tips, Expense Reduction Tips, General Tips & Tricks, Payroll Tips, Profitability Tips | Leave a comment

Tax Reform Doubles Down on S Corp Reasonable Compensation

The Tax Cuts and Jobs Act (TCJA) tax reform gives you a valuable 20 percent deduction on your pass-through business income if you have the right business and the right taxable income. The S corporation is a pass-through entity. That’s … Continue reading

Posted in Business Taxes, Business Tips, Cost-Savings Tips, Decision-Making Tips, General Tips & Tricks, Payroll Tips, Profitability Tips | Leave a comment

Making Deadlines Can Save You Big Bucks in Your Business

There are a lot of deadlines that come with running a business. Missing some deadlines can have serious financial implications to the health of your business. Let’s take a look at how much you’ll save by being on time with … Continue reading

Posted in Business Taxes, Business Tips, Cost-Savings Tips, General Tips & Tricks, Payroll Tips, Profitability Tips | Leave a comment

Do you want a happier workforce?

Attracting and retaining talent in your small business can be a giant step toward growing into a mid-sized business. Beyond attracting new employees with salary and benefits, here are several perks, policies, and benefits to consider when recruiting employees to … Continue reading

Posted in Business Tips, General Tips & Tricks, Management Tips, Payroll Tips | Leave a comment

Five Ways to Streamline Your Payroll Process

Five Ways to Streamline Your Payroll Process For business owners with employers, payroll is a necessary task that can slow your day and tie you down if you let it.  If you’re looking for a way to make payroll less … Continue reading

Posted in Business Development, Business Tips, General Tips & Tricks, Payroll Tips, Time Management Tips | Leave a comment

Do the New Overtime Rules Affect You?

Effective December 1, 2016, federal overtime regulations will change and may affect how you are paying your employees.  These overtime updates will affect 4.2 million workers across the country. The new rules will raise the salary overtime-eligibility threshold from $455/week … Continue reading

Posted in Business Development, Business Tips, Cost-Savings Tips, Decision-Making Tips, Expense Reduction Tips, Management Tips, Payroll Tips, Profitability Tips, Uncategorized | Leave a comment

Are Your Workers Contractors or Employees?

If you have workers in your business, you’ve likely made a decision when you hired them as to whether they should be an employee or a contractor. If all you hire are employees, then you have nothing to worry about. … Continue reading

Posted in Accounting, Bookkeeping Tips, Business Development, Business Taxes, Business Tips, Cost-Savings Tips, Decision-Making Tips, General Tips & Tricks, Management Tips, Payroll Tips, Profitability Tips | Leave a comment

It’s Bonus Time

It’s Bonus Time Year-end is a great time to think about rewarding your staff for a job well done in 2014.  Here are a couple of quick tips to help you make the most of bonuses while protecting your business … Continue reading

Posted in Accounting, Business Development, Business Taxes, Business Tips, Decision-Making Tips, General Tips & Tricks, Management Tips, Payroll Tips | Leave a comment

Catching Up with Your Contractors Before 1099 Time

Catching Up with Your Contractors Before 1099 Time In a little over a month, it will be 2015 and time for year-end accounting chores.   One of those chores is getting your 1099s out, and now is a good time to … Continue reading

Posted in Accounting, Bookkeeping Tips, Business Taxes, Business Tips, General Tips & Tricks, Management Tips, Payroll Tips, Time Management Tips | Leave a comment

Navigating Nanny Taxes and Household Payroll Compliance

Navigating Nanny Taxes and Household Payroll Compliance Time is precious for most of us these days, and often, we need help at home so we can have more time to run our businesses or careers. That may mean hiring help … Continue reading

Posted in Accounting, Bookkeeping Tips, Business Taxes, Business Tips, General Tips & Tricks, Individual Taxes, Payroll Tips | Leave a comment