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 Easy
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 Tax
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 QuickBooks
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
At some point or another, you may want to join forces with another business to help boost profits or cut costs. One way to do this is to merge your business with another company through a merger. There are a variety of mergers to choose from. Are you ready to explore the different types of […]Read More Eager to Join Forces With Another Business? Keep These 5 Types of Mergers in Mind
As an individual, you’ve probably received (or have at least dreamed about receiving) a tax refund before. If you have, you’ve probably wondered at some point, Can a small business get a tax refund? Well, wonder no more. That’s where we come in to help.Read More Can a Small Business Get a Tax Refund? Yes, No, Maybe So?
Thanks to the evolution of technology, you can run your business all behind a computer screen nowadays. If you like the idea of running a business online, then an e-commerce business might be a good fit for you. Read on to learn how to start an e-commerce business and tips for successfully building an online […]Read More How to Start an E-commerce Business from Scratch
As an employer, you probably offer your employees some types of fringe benefits. From health insurance to employee stock options to paid time off, there are a number of benefits out there. These benefits can impact your fringe benefit rate. So, what is a fringe benefit rate?Read More What in the World Is a Fringe Benefit Rate?
If you have employees who work in hazardous conditions, you may want to give them additional compensation for performing dangerous job duties. This is where hazard pay comes into play. Learn all about hazard pay, whether or not it’s mandatory, and how to create a hazard pay policy.Read More Caution Ahead! Have You Heard of Hazard Pay?
As a business owner, you can look to your balance sheet for answers to questions about your business’s financial health. One thing you may keep track of on your balance sheet is accumulated depreciation. But, what is accumulated depreciation?Read More What Is Accumulated Depreciation, and How Does it Impact Your Assets’ Value?