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
Heads up: Congress recently passed the Infrastructure Investment and Jobs Act, which President Biden signed on November 15, 2021. The new expiration date of the ERTC is September 30, 2021 for most businesses. Due to the coronavirus negatively affecting businesses nationwide, there are a number of coronavirus payroll tax credits available to help employers out. […]
Read More What Is the Employee Retention Credit, and How Does It Work for Employers?
Part of your title as “employer” also includes “payroll processor.” When you hire employees, you have to add them to payroll, withhold the proper taxes, and pay employees. It’s all part of the job. But if you’re new to this employer role, you may not be exactly sure how to process payroll. Well lucky for […]
Read More How to Process Payroll in 8 Straightforward Steps
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
More and more states are jumping aboard the paid family leave bandwagon. One of the newest states to get in on the trend is Oregon. Read on to learn more about the new Oregon paid family leave program and how it impacts your business.
Read More Oregon Paid Family Leave: Everything You Need to Know About the New Law
The Department of Labor (DOL) enforces more than 180 federal laws. These laws can vary depending on your business and employees. And, some states might have additional labor laws that business owners must follow. One state that has some unique regulations is California. Read on to learn about California labor laws and how they impact […]
Read More 10 California Labor Laws Your Business Needs to Brush up On