The Connecticut paid sick leave law was the first state-mandated paid sick leave in the United States, dating back to 2012. In 2024, the state passed a major Connecticut sick leave expansion that begins in 2025.
Read More Connecticut Paid Sick Leave Information for Employers
Rachel Blakely-Gray
Business Use of Vehicle: Drive Your Way to Tax Savings
How often do you drive to meet a client or your accountant? Do you frequently make bank runs for your business? Depending on your business use of vehicle, you may qualify for a nice-sized tax deduction.
Read More Business Use of Vehicle: Drive Your Way to Tax Savings
9 Self-employment Tax Deductions You Should Be Taking
If you are self-employed, you might be overwhelmed by the expenses you have, including your self-employment tax liabilities. However, you can claim self-employment tax deductions to reduce the amount you owe in taxes. See how you can take advantage of self-employed tax relief below.
Read More 9 Self-employment Tax Deductions You Should Be Taking
Business Mileage Deduction 101
Miles spent driving to meet clients, going to an office supply store, and depositing a customer’s check at the bank can add up. If you use a vehicle for small business purposes, you might qualify for a business mileage deduction from the IRS.
Read More Business Mileage Deduction 101
Minnesota Paid Family Leave to Launch in 2026
The Land of 10,000 Lakes is the latest state to launch a paid family and medical leave program. Beginning in 2026, Minnesota employers will be responsible for handling payroll deductions for the new Minnesota paid family leave program.
Read More Minnesota Paid Family Leave to Launch in 2026
State-mandated Retirement Plans: Don’t Get Tripped up
State-mandated retirement plans are here to nudge (erhm, push) employers into helping employees save for their future. But, all the different rules and regulations can cause you to trip on your way to offering retirement plans.
Read More State-mandated Retirement Plans: Don’t Get Tripped up
What Is the Difference Between Qualified vs. Nonqualified Plans?
Deferring compensation is one strategy employees can use to reduce their tax liability. Qualified and nonqualified are the two types of deferred compensation plans. To keep your business legal, learn how qualified vs. nonqualified plans differ.
Read More What Is the Difference Between Qualified vs. Nonqualified Plans?
Roth 401(k) vs. Roth IRA: What Is the Difference in 2026?
Are you thinking about offering retirement plans at your small business? There are a lot of retirement options to choose from. Two common retirement plans for employees are individual retirement arrangement/account (IRA) plans and 401(k) plans.
Read More Roth 401(k) vs. Roth IRA: What Is the Difference in 2026?
Form W-2 Box 1: Why Are Box 1 Earnings Less than Boxes 3 and 5?
You’ve finished distributing Forms W-2. Just when you think you’re done, an employee comes up to you, hands you their form, and asks, Why are my W-2 Box 1 earnings less than my Box 3 and Box 5 earnings?
Read More Form W-2 Box 1: Why Are Box 1 Earnings Less than Boxes 3 and 5?
What Is the Bonus Tax Rate?
Picture your star employees and how much value they add to your business. Many employers recognize their employees’ value with bonus pay. When you give an employee a bonus, you are required to withhold taxes on the additional money. To figure out how much to withhold, you need to understand the bonus tax rate.
Read More What Is the Bonus Tax Rate?