To Whom It May Concern, I am Mike Kappel, CEO of Patriot Software in Canton, OH. I am calling on our government and lawmakers to step in and put their full weight behind SVB immediately in order to make tens of thousands of hardworking American businesses and their families whole again. Patriot, as we call […]
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Author:
Mike Kappel
Mike Kappel, serial entrepreneur and CEO of Patriot Software, offers payroll advice from more than 30 years of experience to small business owners.
SVB Closure Is Unacceptable
Canton, Ohio Patriot Software, an online payroll and accounting company, announced today that some employee direct deposits were affected by the abrupt Silicon Valley Bank closure. In this unprecedented event, the FDIC announced Silicon Valley Bank, Santa Clara, California, was closed today by the California Department of Financial Protection and Innovation, which appointed the Federal […]
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Hiring Teens This Summer? Here’s Your Homework on Labor Laws for Minors
The closer summer gets, the more teens begin looking for jobs. And, they might be applying to work for you. The Fair Labor Standards Act (FLSA) sets specific rules for hiring teens and children. Know the minor employment laws before you take on a minor employee. To learn more about the labor laws for minors […]
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What Are Payroll Deductions?
You know there are deductions to take out of your employees’ paychecks. But, are they pre-tax vs. post-tax deductions? What do you withhold from an employee’s take-home pay? What are payroll deductions? Read on to learn the different deductions you have to take out of each employee’s paycheck.
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Seasonal Employment Laws You Must Follow
If you have seasonal employees, there are employment laws that you must follow. Seasonal employment laws apply if you run a seasonal business or if you hire more employees during peak seasons. So, what are seasonal employment laws, and what do they mean for your business?
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What Is Year-to-date Payroll, and Why Does it Matter?
If you’re a small business owner with employees, a significant portion of your business’s expenses goes toward paying wages. That’s why you should pay attention to your year-to-date (YTD) payroll expenses. What is year-to-date payroll?
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What Is Commission, and How Does it Impact Businesses and Employees?
Typically, employers provide hourly or salary wages to workers. However, some business owners pay commission to employees. What is commission?
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What Is Medicare Tax? A Closer Look for Employers & Employees
If you have employees, you’re responsible for handling and paying Medicare tax. Like all things tax-related, Medicare tax can get complicated quickly. Read on to learn what is Medicare tax, what it funds, and how much it costs.
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What You Need to Know About Supplemental Wages
Regular wages aren’t the only compensation you could provide to employees. You might also offer supplemental wages. Not sure what those are? Read on to learn what supplemental pay is and how it is taxed.
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Offer Credit to Customers: The Pros and Cons
Offering credit to your customers can be a risky, but rewarding, endeavor. Do you know if providing credit will help or hurt your business? You need to weigh the pros and cons before you offer credit to customers.
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