So you’ve hired an employee. Congratulations! Now what? One of the new employee forms your team member must complete is Form I-9, Employment Eligibility Verification. And to complete the required form and prove their eligibility, your new hire must bring in I-9 documents.
Read More I-9 Documents: Passports, Licenses, Birth Certificates, Oh My!
You might already be tagging geographical locations when you share Facebook posts. But did you know you can use geotagging to tag your employees’ location when they clock in and out for work?
Read More Geotagging Employee Attendance: Is Your Team Working?
Small business tax deductions provide a great way for business owners to offset expenses and lower tax bills. And in business, expenses, especially your employees on payroll, add up quickly. Are employee wages tax deductible?
Read More Are Employee Wages Tax Deductible If You’re a Sole Proprietor?
Millions of businesses use at least one small business software platform to do everything from running payroll to managing customer relationships. Software can simplify processes, save time, and ensure accuracy. But the more systems you use, the greater your costs. Can you take a software tax deduction to offset your expenses?
Read More Software Tax Deduction: Can You Deduct the Cost of Software for Your Business?
Finding new ways to drive passive income is a business-savvy move. That’s why more accountants are learning how to do affiliate marketing.
Read More How to Do Affiliate Marketing: Guide for Accountants and Bookkeepers
When you hire a new employee, you must collect a completed Form W-4, Employee’s Withholding Certificate. This is how you determine federal income tax withholding. At some point in the onboarding process, an employee may ask you how to fill out Form W-4.
Read More How to Fill Out Form W-4: Helping Your Employees
Employee salary: $50,000 a year. But you know that’s not what they’re walking away with. Between taxes and benefit deductions, the employee’s take-home pay could be far from the $50,000 sticker price (cue the sad violin). Learn how to calculate net pay to find your employees’ take-home wages.
Read More How to Calculate Net Pay: Step-by-step Guide and Examples
Are you an Illinois employer? Do you provide paid time off (PTO) to your employees? Providing paid time off is no longer a choice. It’s a state mandate. In March 2023, Illinois Governor JB Pritzker signed SB208 into law, requiring Illinois paid leave.
Read More Illinois Paid Leave: Paid Time Off for Any Reason
In July 2024, four million new workers were going to become entitled to overtime pay, thanks to the Department of Labor’s (DOL) new overtime rule. But on November 15, 2024, a federal judge blocked the new overtime rule.
Read More New Overtime Rule for 2024 REVERSED: How Will it Affect Your Business?
Businesses depend on their profits to survive. As a small business owner, you need to be diligent in your efforts to turn a profit for your company. One way your business can make money is through strategic pricing.
Read More How to Leverage Strategic Pricing for Your Small Business