States like New York, California, and Massachusetts have paid family leave programs so employees can take paid time off for medical and family issues. Along with a number of states, Washington D.C. also started a PFL program in 2019. Read on to learn all there is to know about the Washington D.C. paid family leave […]Read More What You Need to Know About the Washington D.C. Paid Family Leave Program
When it comes to your business, you want to know if your investments were worth it. To do that, you may need to calculate some business ratios, like return on equity. But, what is return on equity, and how does it work? And, what is the return on equity formula? Let us give you the […]Read More What’s the Deal With Your Investments? Calculate Return on Equity to Find Out
Along with other COVID-19 relief measures, the Employee Retention Credit (ERC) took the world by storm in 2020 and 2021. Eligible employers who are able to keep employees on payroll can claim the credit (up to $28,000 per employee in 2021) through the end of 2021. But, what about shareholder wages? Are you able to […]Read More Employee Retention Credit Owner Wages: Do They Count for the Credit?
Canton, OH Patriot Software, LLC, a leading accounting software and payroll provider, has added a flood of new accounting features and updates to help customers streamline tasks and save time.Read More Patriot Adds Key New Software Features to Streamline Accounting for Businesses
As a business owner, your goal is to make a profit. Generally, you may turn toward your accounting profit to see how your company is doing. You also need to consider other types of profit, such as economic profit. But, what’s the difference between accounting profit vs. economic profit? Keep reading to get the scoop.Read More How Do Accounting Profit vs. Economic Profit Differ?
As an employer, you’re expected to follow a number of laws to protect your employees and business. Some of these laws fall into the “labor laws” category, which can vary by state. One state that has a unique set of laws is Nevada. And if you’re a Nevada employer, it’s time to get to know […]Read More Don’t Let These 8 Nevada Labor Laws Slip Your Mind
Just like other business owners, self-employed individuals also have to report income and pay taxes to the IRS. So, how do you report self-employment income? What steps do you need to take? And, is there a special form you need to fill out? Get answers to these self-employment income questions and more below.Read More Report Your Self-employment Income in 3 Easy Steps
Thanks to COVID-19, 2020 and 2021 were jam-packed with big changes and new legislation for many employers. Some states, like Massachusetts, began making adjustments to provide employers with temporary relief options.Read More What’s the Deal With the Massachusetts COVID-19 Recovery Assessment?
Chances are, you likely have applied for a credit card to help pay off personal expenses and build credit. But, have you taken the leap and gotten a business credit card yet? If not, it’s time to buckle up and learn how to get a business credit card.Read More How to Get a Business Credit Card in 5 Simple Steps
ERC extension alert! The American Rescue Plan (signed into law on March 11, 2021) expands and extends the Employee Retention Credit. This article was updated to include information about ERC changes under the new plan, including changes applicable to Quarters 3 and 4 of 2021. Due to the coronavirus negatively affecting businesses nationwide, there are […]Read More What Is the Employee Retention Credit, and How Does It Work for Employers?