Have you heard about the Service Industry Tip Compliance Agreement program, otherwise known as SITCA?
Read More IRS Notice 2023-13 and SITCA: What Service Industry Employers Need to Know
Author:
Rachel Blakely-Gray
Rachel Blakely-Gray has spent more than a decade writing about payroll, payroll taxes, and accounting for small business owners at Patriot Software. As Content Manager, she covers everything from multi-state payroll tax filing to 1099 reporting requirements, translating IRS and state regulations into plain English.
SOC Codes and Mandatory Reporting: Does Your State Want Worker Classification Data?
February 27, 2023“What’s your occupation?” Everybody gets this question: at the doctor’s office, when opening a new bank account, etc. People are curious. They want to know what it is exactly you do for a living. And if you’re an employer, the government wants to know what your employees do, too. To find out, federal and state […]
Read More SOC Codes and Mandatory Reporting: Does Your State Want Worker Classification Data?
Leasing a Commercial Space? Here’s What to Know
February 21, 2023Maybe you started out running your business from your home or garage. Or, maybe you’re getting ready to launch a new business. Whatever the case may be, there might come a time when you need to rent an office, retail space, or warehouse. And if you do, you need to know the ins and outs […]
Read More Leasing a Commercial Space? Here’s What to Know
When Is Busy Season for Accountants, Plus 5 Tips on Surviving
February 10, 2023Late nights, long hours, and lots of coffee. Sound familiar? If you’re an accounting professional, this may happen to you throughout the year. But, there are a few times in particular when the work days get longer. Cue busy season. So, when is busy season for accountants? And, how can you survive it without burning […]
Read More When Is Busy Season for Accountants, Plus 5 Tips on Surviving
Receipts for Taxes and Your Business: What Do You Need to Hang Onto?
February 9, 2023Tax season might be once a year, but preparing for tax season is a year-round process. To back up your tax deduction claims, you need to keep business receipts. But, what kind of receipts for taxes do you need? And which small business receipts can you pitch?
Read More Receipts for Taxes and Your Business: What Do You Need to Hang Onto?
Arizona Paid Sick Leave: Accrual Rate and Beyond
February 1, 2023Do you need to give your employees paid sick leave? Several states have laws requiring it, including Arizona. If you’re an Arizona employer, you need to know your sick time responsibilities to stay compliant. So, are you ready to brush up on Arizona paid sick leave?
Read More Arizona Paid Sick Leave: Accrual Rate and Beyond
What to Do When Your Business Runs Out of Money: Effective Strategies
January 24, 2023Cash flow problems happen, often. It’s why 82% of small businesses fail. But if you have issues with your cash flow, you’re not doomed to close up shop. Instead, it’s like coming to a fork in the road. Turn right to power through, or turn left to call it quits. To get out of the […]
Read More What to Do When Your Business Runs Out of Money: Effective Strategies
Not Another How-to! Client Communication Tips You Haven’t Heard a Million Times
January 20, 2023You want to build a relationship with each and every one of your accounting clients. To do that, you need strong client communication. But when you’re juggling dozens or even hundreds of clients, effective communication is easier said than done.
Read More Not Another How-to! Client Communication Tips You Haven’t Heard a Million Times
Tax Planning Strategies to Get Tax Time Ready
January 19, 2023Tax season sneaks up fast. For many business owners (and individual tax filers!), it’s an overwhelming whirlwind. At the end of it, you may vow to prepare better for next year. And then … whoops! It’s next year already. Kick procrastination and stress to the curb with these tried-and-true tax planning strategies.
Read More Tax Planning Strategies to Get Tax Time Ready
State W-2 Filing Deadlines [+ Chart]
January 9, 2023If you’ve had employees for a while, you know the drill. Every year, you must prepare and send Forms W-2 to the proper parties, which typically includes the state. For on-time reporting, you need to know your state W-2 filing deadlines.
Read More State W-2 Filing Deadlines [+ Chart]