When you’re an accounting professional, you look at trends every day. Whether looking to see where your firm’s profits spike each year or trying to predict cash flow for a client, you’re probably well-versed in spotting certain trends. But, are you aware of the latest accounting trends for 2022?
Read More 5 Accounting Trends to Watch Out for in 2022 and Beyond
Author:
Maria Tanski-Phillips
Maria creates helpful and practical content for Patriot’s marketing department. She began as a Content Writer in 2018.
Apr 13, 2022
7 Workplace Laws You Can’t Afford to Let Slip Your Mind
Becoming an employer is an exciting time. But, it also comes with a ton of responsibilities, including running payroll, withholding taxes from employee wages, and following oh-so-important workplace laws. But, which workplace and labor laws do your business need to follow?
Read More 7 Workplace Laws You Can’t Afford to Let Slip Your MindApr 05, 2022
Get to Know the 12-Month Rule for Prepaid Expenses
If you want to take advantage of business deductions before the end of the year, you may decide to prepay some of your expenses. But, hold up! Before you do that, you need to learn about the 12-month rule for prepaid expenses.
Read More Get to Know the 12-Month Rule for Prepaid ExpensesApr 01, 2022
How to Fill Out Form 941: Your Step-by-step Guide On the 2022 Form
If you have employees, you likely need to fill out and file Form 941 each quarter. Form 941 is jam-packed with different sections and calculations, which leaves room for errors. To avoid major mistakes, learn how to fill out Form 941 line by line.
Read More How to Fill Out Form 941: Your Step-by-step Guide On the 2022 FormMar 23, 2022
How Do S Corp Retirement Contributions Work?
S corporations can take advantage of retirement plans. However, there are certain rules you have to follow when it comes to contributions and retirement plans for S corporations. Learn about the various types of retirement plan options for S Corps and how to handle S Corp retirement contributions the right way.
Read More How Do S Corp Retirement Contributions Work?Mar 18, 2022
What Is Notes Payable, and How Do You Record Them in Your Books?
At some point or another, you may turn to a lender to borrow funds and need to eventually repay them. And when that happens, notes payable come into play. Learn all about notes payable in accounting and recording notes payable in your business’s books.
Read More What Is Notes Payable, and How Do You Record Them in Your Books?Mar 11, 2022
How Much Should I Charge for Bookkeeping Services?
As an accounting professional, it’s your mission to help your clients keep their books as clean and accurate as possible. Well, at a fair and reasonable price, of course. But, how much should a bookkeeper charge for services? We’ll break down the factors that go into cost and averages so you can answer the question, […]
Read More How Much Should I Charge for Bookkeeping Services?Mar 10, 2022
How to Get a Business License in 4 Simple Steps
When it comes to running your business, you may need to obtain a business license and permit to operate. But, what are the steps to obtain a business license? Welcome to your rundown on how to get a business license.
Read More How to Get a Business License in 4 Simple StepsMar 07, 2022
Your Go-to Minnesota Federal Loan Interest Assessment Guide
Update! On April 29, 2022, Minnesota signed a Trust Fund Replenishment bill into law, changing the 2022 Special Assessment (Federal Interest Loan Assessment) from 1.80% to 0.00%. The majority of employers must pay state unemployment insurance (aka SUTA or SUI tax). And if you’re an employer in Minnesota, you’re subject to a few additional taxes, […]
Read More Your Go-to Minnesota Federal Loan Interest Assessment GuideMar 03, 2022
How to Find Your Business’s Contribution Margin to Determine Profitability
Want to find a certain product or service’s profitability? Of course you do! To determine how profitable your offerings are and what kind of adjustments your business needs to make to increase earnings, learn how to calculate contribution margin.
Read More How to Find Your Business’s Contribution Margin to Determine Profitability