Although you may have a minority-owned business, you must meet specific criteria for formal recognition as a minority business enterprise (MBE). And if you meet the criteria, there are business benefits to receiving an MBE certificate.
Read More Minority Business Enterprise and MBE Certificate: Your Guide
Do you have freelancers or contractors working for you? Is your labor force full of short-term contracts? You might be working in a gig economy with gig workers. If so, you need to know the laws for hiring gig workers. Keep reading to learn more about the gig economy.
Read More What is the Gig Economy, and Who are Gig Workers?
The fact is, business owners should know a little about accounting. And yes, hiring an accounting professional is a tremendous help. But, what about the day-to-day cash flow of your business? What about invoicing, bill payments, data entry, and other accounting tasks? That’s where accounting software can help. So, how does accounting software work?
Read More Let’s Get Down to Brass Tacks. How Does Accounting Software Work?
Whether you’re opening the doors to your business or 20 years into the swing of things, you may be considering a loan. One option is a loan through the Small Business Administration (SBA) if you have a small business. But, what is an SBA loan? And, how do you complete an SBA loan application? Let’s […]
Read More How to Apply for an SBA Loan [7 Steps]
When an employee needs to take time off, you may start asking what you need to do as an employer. What are the different types of leave? Do you need to offer FMLA leave? What about PFL? With so many different laws (and acronyms!) about family leave, your role as the employer can be confusing. […]
Read More FMLA vs. PFL: Different Types of Leave for Your Employees
You know that paying someone comes at a cost. In addition to giving employees their paychecks, you also have the cost of payroll taxes. So, how much does an employer pay in payroll taxes? Keep reading to learn more about the employer cost of payroll taxes.
Read More Just How Much Does an Employer Pay in Payroll Taxes?
Creating an employee benefits package can help attract and retain talent. But providing health insurance benefits to your employees can leave you with questions. If employees contribute to their premiums, you have to know how to deduct the cost from their gross pay. Is health insurance pre-tax on payroll?
Read More Is Health Insurance Pre-tax on Payroll? The Answer You Need to Know
What happens when you pay employee commissions or bonuses? You may need to use a supplemental flat tax rate for federal and state income taxes. Not all states require supplemental tax rates. So, take a look at the supplemental tax rates by state to see if your state does.
Read More Supplemental Tax Rates by State and When to Use Them
If you’re like many business owners, you know that you have to handle certain tasks, like purchasing items, taking on debt, or putting your own money into your business, to get your venture up and running. And when your company processes any type of transaction, whether it’s debt, purchases, etc., you have to record it […]
Read More Assets vs. Liabilities: The Complete Breakdown
When you have employees, payroll is one of your most important tasks. Because payroll is oh-so-important, you need to know how to calculate payroll. That includes knowing how to calculate taxes and other deductions accurately. Read on to learn more about how to calculate payroll by hand.
Read More How to Calculate Payroll by Hand