Payroll

So you have sat down and looked at your budget, calculated actual costs of an employee, and are now ready to hire a new employee.  The hiring process of a business should be…

Paying your kids has tax and educational benefits As a business owner, we are always looking for ways to improve our company, save taxes, and ultimately help our bottom line.…

Every new business owner struggles with when to hire employees, hiring the right employees, and whether or not they can afford it.  A common question that tends to come up is “How…

Well, here we are at the start of a new year.  This is the time of year that businesses make their yearly goals and set up new procedures.  Below are…

Are you a small business owner that pays your employees health insurance premiums?  If so, you need to make sure that you are taking advantage of The Small Business Healthcare…

Is your company in the Food & Beverage Industry?  Do you have tipped employees?  If so, you need to make sure you are taking advantage of the FICA Tip Credit. …

What is an Employer Identification Number (EIN)? Just as every individual taxpayer has a social security number that represents them, the EIN is a Tax ID number for a business.…

Many employers these days are trying to run their businesses on limited cash flows.  With cash flows tight, sometimes payroll withholding gets overlooked and set aside to pay at a…

If your business has been walking that fine line of Employee vs. Contract Labor, the IRS is now offering a “Voluntary Employee Reclassification Agreement” that will allow those that might…