If you’re an employer in Washington state, it’s time to listen up. There’s a new tax in town: the Seattle JumpStart tax. So Seattle employers, read up on the new payroll expense tax and what it means for you and your business.
Read More Attention Washington Employers: Here’s the Scoop on the New Seattle JumpStart Tax
Author:
Maria Tanski-Phillips
Maria creates helpful and practical content for Patriot’s marketing department. She began as a content writer in 2018.
Jan 19, 2021
What’re the Differences Between Form 1099-MISC vs. 1099-NEC?
Before 2020, business owners used one universal form—Form 1099-MISC—to report nonemployee compensation and other types of payments (e.g., rent). But after a 38-year absence, Form 1099-NEC made a return in 2020. So, how do these forms differ? Read on to learn all about Form 1099-MISC vs. 1099-NEC and which form you need to use.
Read More What’re the Differences Between Form 1099-MISC vs. 1099-NEC?Jan 14, 2021
S Corp vs. LLC: Which Is Better for Your Business?
When you start a company, there are a number of business structures to choose from. Two popular types of business structures are an S corporation and LLC. If you’re thinking about choosing one of these structures, find out the key differences between S Corp vs. LLC and learn which one is best for you.
Read More S Corp vs. LLC: Which Is Better for Your Business?Jan 12, 2021
Drowning in Overdue Bills? Find Out How to Minimize Debt in 6 Steps
Approximately 70% of businesses have outstanding debt. Does yours? If so, it’s time to learn how to minimize debt and get your finances back on track. Read on to learn more about business debt and ways to eliminate it.
Read More Drowning in Overdue Bills? Find Out How to Minimize Debt in 6 StepsJan 08, 2021
Eager to Learn How to Do Your Own Accounting? Start Here
If you run your own business, you need to have an accurate way to account for your company’s transactions and keep your books up-to-date. One option you have is doing accounting yourself.
Read More Eager to Learn How to Do Your Own Accounting? Start HereJan 05, 2021
Consolidated Appropriations Act: Hello, New COVID-19 Relief
Between a worldwide pandemic and numerous COVID-19 relief laws to keep up with, 2020 was a whirlwind of a year. And, it looks like the start of 2021 is following in 2020’s footsteps.
Read More Consolidated Appropriations Act: Hello, New COVID-19 ReliefDec 29, 2020
Recording Inventory Journal Entries in Your Books Made Easy
If you sell products at your business, you likely have some form of inventory. Knowing how much inventory you have on hand, as well as how much you need to have in stock, is a crucial part of running your business. To help keep track of inventory, you need to learn how to record inventory […]
Read More Recording Inventory Journal Entries in Your Books Made EasyDec 28, 2020
Everything You Need to Know About the Eugene Community Safety Payroll Tax
Attention Oregon employers! Specifically, attention employers in Eugene, Oregon. A new type of payroll tax is coming your way in 2021. Learn all about the Eugene Community Safety Payroll tax and whether or not you need to withhold and remit it to the city.
Read More Everything You Need to Know About the Eugene Community Safety Payroll TaxDec 15, 2020
Patriot Software Offers Seamless Integration With TSheets by QuickBooks
Canton, OH Patriot Software, an accounting software and payroll company, announces that its customers can now integrate their TSheets by QuickBooks account with Patriot’s payroll software. TSheets by QuickBooks is a web-based timekeeping and employee scheduling software that allows users to track and manage employee time either through a web browser or on a mobile […]
Read More Patriot Software Offers Seamless Integration With TSheets by QuickBooksDec 03, 2020
Make Way for the Revived Form 1099-NEC
After a 38-year absence, Form 1099-NEC made its return in the 2020 tax year. For the last few decades, business owners were responsible for using Form 1099-MISC to report nonemployee compensation. But with Form 1099-NEC, employers can say hello to a revamped form and goodbye to reporting nonemployee compensation on Form 1099-MISC.
Read More Make Way for the Revived Form 1099-NEC