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?
Some of your main goals as a business owner are to boost sales and increase revenue. One way to do this is to increase advertising spend. But is hiking up the money spent on advertising worth it for your company? Ask yourself, Should I increase my advertising spend? and keep a few considerations in mind […]
Read More Thinking About Increasing Your Advertising Spend? Keep These 5 Considerations in Mind
As a business owner, there are a number of taxes you may be subject to paying or remitting. One of these taxes is privilege tax. So, what is privilege tax, and are you required to pay it? Get the facts straight about the different types of privilege tax below.
Read More What Is Privilege Tax in Business? The Answer May Surprise You
Canton, OH Patriot Software, LLC (PATRIOT), provider of online accounting software and payroll, has been named in top 5 Best Accounting Software for SMBs (small and midsize businesses) by Gartner’s GetApp. GetApp is an online review resource businesses can use to make decisions about software and applications.
Read More Patriot Software Named in ‘Top 5 Best Accounting Software for SMBs’ by Gartner’s GetApp
As an employer, you may decide to establish a paid time off (PTO) policy for your employees that they can use for vacation, personal days, sick time, etc. At some point, you may decide that you want to tweak your current policy. But, how do you go about changing your business’s PTO policy? And, can […]
Read More Can You Change PTO Policies Mid-year?
When it comes to running a business, you need to be savvy with your money to succeed. And, part of being financially smart includes making decisions about leasing or buying equipment. But, which is a better choice for your business? Get the rundown on leasing vs. buying equipment, including what to consider when it comes […]
Read More Leasing vs. Buying Equipment: What’s the Best Deal for Your Business?
Part of your role as an employer is following payroll laws and ensuring your employees are accurately paid for their wages and other rates, like overtime. If you’re a Virginia employer, buckle up, because there’s a new overtime law in town: The Virginia Overtime Wage Act. Get to know all the facts about the Virginia […]
Read More Get the Facts on the New Virginia Overtime Law
Your business is your baby. You want to see it grow and prosper. But sometimes, you need to try new methods to get the word out about your company and raise funds for business growth. Thanks to the technological age, more options are out there now to assist you with funding and growing your business, […]
Read More What Is Crowdsourcing, and How Can You Use it to Grow Your Business?
As a business owner, there are a ton of taxes you need to keep on your radar. One tax you may need to pay to your state is franchise tax. But, what is franchise tax? Get the scoop about this type of tax and whether or not your business is responsible for it.
Read More What Is Franchise Tax, and Does Your Business Need to Pay It?