School closings. Remote schooling. Daycare labor shortages. COVID ushered in a new era of problems for parents requiring new solutions, like employees working flexible or fewer hours. Another solution that’s gained new ground? Employer-provided childcare benefits (aka a dependent care assistance plan).
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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.
Revolutionizing Bookkeeping: The Role of AI in Accounting
April 26, 2022AI (artificial intelligence) has been a game-changer for everything from speech recognition to language translation and … accounting? Yes, AI in accounting continues to transform the process of bookkeeping. How so?
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Have a Business Interest Expense? You May Be Able to Deduct It
April 21, 2022Take out a business loan or have a mortgage for your brick-and-mortar? You may cringe when you see your business interest expense add up. But here’s a bit of good news, there’s a business interest expense deduction you may be eligible to claim (hooray!).
Read More Have a Business Interest Expense? You May Be Able to Deduct It
Pay Card Laws by State and Regulations
April 20, 2022As pay card usage picks up steam, you may consider using them in your small business. But before you decide to implement this payment method, you must understand pay card laws by state.
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Can Employers Make Direct Deposit Mandatory?
April 19, 2022Many employees (more than 93% of them) receive their wages via direct deposit. When you are deciding how to pay your employees, direct deposit likely comes to mind. However, not all employees want to receive their wages through direct deposit. Can you require mandatory direct deposit? Brush up on federal and mandatory direct deposit by […]
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Is Paid Family Leave Taxable?
April 19, 2022State-mandated and voluntary paid family and medical leave is on the rise. A number of states (and D.C.) have implemented paid family leave (PFL) programs, and more than one in three employers offer this benefit. To avoid payroll mishaps, employers must be able to answer: Is paid family leave taxable?
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Business vs. Hobby: Which Is It?
April 14, 2022You’ve decided to start a business. Er … is it a hobby? How do you know if you’re making a little side money from a hobby or running a full-fledged business? Does it matter? Well, the IRS cares about whether you have a business vs. hobby, so you should, too.
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A Comprehensive Bookkeeping Clean-Up Checklist: Master Your Books
April 7, 2022Spring cleaning is a staple in households for a reason. Over time, things get pretty messy, especially when you’re busy. And in business, the same thing can happen to your accounting books. Do your books need tidying up? Use our bookkeeping clean-up checklist to get started.
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Small Business Accounting Services: In-demand Services to Offer
April 6, 2022Here’s the scoop. You’re putting together or updating your list of small business accounting services. Nobody knows your expertise and strengths better than you. But … is that enough? Not quite. You also need to know what services resonate with business owners (give the people what they want!). Read on for a list of accounting […]
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Does PTO Accrue During FMLA?
March 16, 2022Say you have a PTO (paid time off) accrual policy where employees earn hours throughout the year. One of your employees goes on maternity leave, a type of Family and Medical Leave Act (FMLA)-covered leave. She’s gone for 12 weeks. Does PTO accrue during FMLA?
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