While some businesses can start in a basement, garage, or kitchen, others require commercial property in the beginning. And, many companies outgrow their original location, so they need to look at commercial property. But, should you buy or lease property for your business? There are pros and cons to buying vs. leasing commercial property. Review […]
Read More The Pros and Cons of Buying vs. Leasing Commercial Property
Owning a business may mean that you are self-employed. But, the IRS has rules about which business owners are self-employed and which are not. Basically, all self-employed individuals are business owners, but not all business owners are self-employed. So, what are the types of self-employment?
Read More Types of Self-employment: Which Is Right for Your Business?
Many business owners give their employees paid time off (PTO) or vacation pay throughout the year. At the end of the year, employees can either cash out, roll over, or lose unused time. If you allow employees to cash out their unused vacation time, you need to know how to handle the payout. Luckily, the […]
Read More How to Handle Taxes on Vacation Payout
The world has drastically changed in the time since the invention of computers. With the rise of the internet, working from home, and digital currency, other technologies have come into play. One of those technologies is the blockchain. What is blockchain, and how can it impact your business?
Read More What Is Blockchain? All About the New Rage of the Digital Age
Small business owners have a lot on their plates. That’s why it can be a little scary to realize that bookkeeping is yet another task you have to complete to keep your business running. After all, why can’t you skip it altogether and pass it on to an accountant? Well, there are a few reasons […]
Read More Why Is Bookkeeping Important for Small Business?
The idea of money laundering can be scary to employers. Illegal transfers of funds can harm businesses, after all. So, be on guard and aware of different protections meant to prevent money laundering. One of those protections is anti-money laundering.
Read More Anti-money Laundering: How it Can Protect You and Your Business
Businesses that contract out work in New York have a new law to put on their radar: The New York independent contractor law. But, what is the new law? What businesses are impacted by the new law, and how? Keep reading to get the scoop on the New York independent contractor law.
Read More New York Independent Contractor Law Gets a Big Update
Oregon employers have a new tax to add to their payroll radar: the Metro Supportive Housing Services (SHS) tax. So, what is the Metro Supportive Housing Services tax? Who must pay the tax? And, what does it fund?
Read More The Employer Guide to Oregon Metro Supportive Housing Services Tax
If you’re an S corporation owner, you need to run payroll for yourself. Part of S Corp ownership is listing yourself as an employee to pay yourself a salary. But, how do you run S Corp payroll? And, what do you need to know about the process before you write yourself your first paycheck?
Read More Running S Corp Payroll for an Employer’s Wages
Employer responsibilities are countless, and taxes are arguably the most important. You need to know which taxes to calculate and withhold from employees, how much to contribute as an employer, how to file employee taxes, and more.
Read More Ease Your Tax Burden: An In-depth Guide on Employment Tax Returns