A nerve-wracking visit from the IRS isn’t the only type of audit out there. There are several audits you can, and should, conduct regularly. To do that, you need to know how to conduct an audit.
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The Ultimate Guide to Work-from-home Reimbursement for Remote Teams
May 15, 2026Do you have a temporary or permanently remote workforce? If so, you may consider offering work-from-home reimbursement to help workers cover remote-related expenses.
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Out-of-State Remote Workers: Compliance Checklist
May 14, 2026There are several benefits of a remote workforce, like an expanded talent pool. But if you’ve decided to hire out-of-state remote workers, there are several things you need to know.
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Essential Payroll Audit Procedures You Can’t Afford to Ignore
May 14, 2026Running payroll accurately is arguably one of your most critical employer responsibilities. But even if you use a reliable payroll processing system, there’s room for user error. You might input numbers incorrectly, forget to add an employee’s pay raise, or fail to remove a terminated employee from your payroll. To combat these potential problems, conduct […]
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Strategies to Accelerate Your Timeline to Business Profitability
May 1, 2026If you’re asking, “When will my business make a profit?”, you’re not alone. Profitability is more than a milestone. It’s the point where your business can pay its own bills, give you reliable earnings, and grow without constant stress.
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States With Paid Family Leave [+ Chart]
April 30, 2026According to the most recent BLS data, 27.5% of workers have access to paid family leave. Do yours? If you do business in one of the states with paid family leave laws, the answer should be yes.
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Key Financial Metrics to Track Before Your Business Turns a Profit
April 29, 2026Key Takeaways − Cash burn rate: How fast you’re spending cash each month. Cash runway: How many months you can operate before running out of cash. Gross profit and gross margin: Profit after direct costs of goods/services. Operating expenses: What you spend to run your business. Break-even point: How much revenue you need to cover […]
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What Happens If Payday Falls on a Bank Holiday? Mark Your Calendar
April 29, 2026A whopping 65% of the U.S. population lives paycheck to paycheck. These employees (and likely all employees) count on receiving their wages on their scheduled pay date. But, bank holidays might pose a slight hiccup. What happens if payday falls on a bank holiday?
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How to Perform a Break-even Analysis for Your Startup in 2026
April 27, 2026Key Takeaways − A break-even analysis shows when your startup’s sales will cover all your costs. The formula for your break-even point is: Break-even Units = Fixed Costs / (Price per Unit − Variable Cost per Unit) Performing a break-even analysis helps you set smarter prices, decide if an idea is viable, and plan sales […]
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Can a Youth Pastor or Associate Pastor Claim a Housing Allowance?
April 23, 2026Key Takeaways − A youth pastor or associate pastor can claim a housing allowance if they meet the IRS definition of a minister and the church properly designates the allowance in advance. A pastoral housing allowance is a portion of a minister’s compensation designated for housing expenses and can be excluded from federal income tax, […]
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