More than one million limited liability companies (LLCs) have been formed in Ohio. You might be interested in the liability protection and pass-through taxation an LLC brings. Starting a business may sound daunting, but our guide on how to start an LLC in Ohio can help.
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Author:
Rachel Blakely-Gray
As Patriot's Content Manager, Rachel creates engaging and informative content aimed to help business owners understand complex accounting and payroll topics.
Overtime Laws by State: The Quintessential Employer’s Guide
Failing to pay eligible employees overtime is a wage violation that lands a number of employers in hot water each year. But if you thought federal overtime laws were the end of it, you’re in for a surprise. There are also overtime laws by state you may need to follow.
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Payroll for Growing Businesses Is Essential—Here’s How to Do it
As your business grows, your payroll will likely increase, too. You’ll need more hands to keep up with business demand and operations. Payroll for growing businesses is exciting, but there are also new considerations you need to make.
Read More Payroll for Growing Businesses Is Essential—Here’s How to Do it
No Tax on Tips: How is Payroll Affected
Tipped income can be confusing even under normal circumstances—and now, with a major tax change on the books, there’s more to unpack. Here’s what you need to know about tipped wages, how they’re taxed, and how the new law will shake things up starting in 2025.
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No Tax on Overtime: What to Know in 2025
Tucked inside the massive One Big Beautiful Bill Act (signed on July 4, 2025), the new “No Tax on Overtime,” rule gives many hourly workers a reason to pay closer attention to their pay stubs. Retroactive to January 2025, eligible employees can deduct a chunk of their overtime earnings from their federal taxable income. The […]
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How to Start—and Get Funding—for Your Microbusiness
Have you heard of a microbusiness? Even if you haven’t heard the term, you probably could list at least five microbusinesses off the top of your head. A microbusiness is a small business with fewer than 10 employees—think your local coffee shop, boutique, or food truck.
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Can I Handle Payroll In-house Without an Accountant? How Software Makes it Happen
Payroll is a complex process that involves calculating wages, withholding taxes and deductions, and more. Because of its complexities, you may not know how to process payroll, in-house or using a third party. What’s the difference between in-house payroll vs. outsourcing?
Read More Can I Handle Payroll In-house Without an Accountant? How Software Makes it Happen
How to Create a Profit and Loss Statement
A profit and loss statement is one of the most important tools you have in your business to determine profitability. Do you know how to create a profit and loss statement?
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Should You Get Payroll Insurance?
If you have employees, payroll might be your largest expense. You may consider getting certain types of payroll insurance to protect payroll-related operations—and your business bottom line.
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Payroll-to-revenue Ratio: Should 15% – 30% of Revenue Go to Paying Your Team?
Are you spending too much of your company’s hard-earned revenue on payroll expenses? You can use the payroll-to-revenue ratio to find out.
Read More Payroll-to-revenue Ratio: Should 15% – 30% of Revenue Go to Paying Your Team?