Are you prepared to handle unexpected financial setbacks in your business? From recessions to equipment breakdowns, financial challenges hit when least expected. To safeguard your business without taking out high-interest loans or new lines of credit, you need a business emergency fund. But if you’re unsure about how to build an emergency fund, you’re not […]
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Author:
Sarah Angel
As a freelance writer for Patriot, Sarah enjoys writing articles that help business owners navigate the complex world of accounting and payroll.
What Is Straight-time Pay?
Payroll terms can blur together. One important term you may have heard is “straight-time pay.” So what is straight-time pay?
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Everything You Need to Know About Michigan’s Paid Sick Leave in 2025
Flu season. Cold season. Each has their moment to shine, and it’s often when the sun doesn’t. When an uninvited virus breaks out in your town, your employees will likely need to take sick time from work. If you’re a small business owner in Michigan, understand the Michigan paid sick leave law.
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Research and Development (R&D) Tax Credit—Do You Qualify?
Ready to invest in innovation within your business? If so, you could be eligible for a powerful incentive: the federal research and development (R&D) tax credit. The R&D tax credit is available to businesses that create or improve products, processes, software, or technologies.
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HRA vs. HSA: Which Is Better to Offer Your Team?
In 2023, health spending increased by 7.5%. Most workers in the United States, 96%, believe a job should offer health insurance. There are several health benefits you can provide, including HRAs and HSAs. What’s the difference between an HRA vs. HSA?
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Net Income vs. Gross Income: Know Your Business Profits
Understanding how your business earns, and keeps, money is fundamental to financial success. You can look at gross income and net income to gauge business profitability. But what is the difference between net income vs. gross income? And why does it matter for your business?
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What Does An Accountant Do? Behind-the-scenes Business Heroes
You may know accountants are experts at crunching numbers, and that their knowledge could be useful to your small business. But, you may not be aware of everything an accountant brings to the table. What does an accountant do, exactly?
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New Mexico Sick Leave Law: Know About the Healthy Workplaces Act
What happens when your employee gets sick? If you’re a New Mexico employer, you need to know about the Healthy Workplaces Act. Saddle up to make sure you are in compliance with this New Mexico sick leave law.
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