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Don’t Forget to Collect State W-4 Forms from New Hires

When you hire new employees, you need to collect information to verify employment eligibility and run payroll. Federal Forms W-4 and I-9 are just the beginning when it comes to new employee forms. You may also need to collect state-specific forms, including your state’s W-4. What is the state W-4 form?

Keep Your Eyes Peeled for These 4 Balance Sheet Problems

As a business owner, you’re going to run into a few accounting mistakes from time to time. Some of the biggest blunders you can make involve your business balance sheet. If you want to avoid balance sheet problems, learn about the most common errors you can make on your balance sheet and how to avoid them.

What Is SUTA Tax? Definition, Employer Obligations, & More

When you become an employer, you add a lot of things to your plate, like running payroll. And, one of your employer responsibilities with payroll is withholding certain taxes, such as SUTA tax. But, what is SUTA tax?

7 Tips for Giving Your Post-holiday Sales a Boost

For many businesses, the hustle and bustle of holiday shopping has come to a close. You’ve probably noticed a decrease in customer sales and an increase in returns and exchanges. But fear not. This just means that it’s time to give your post-holiday sales some love. 

Form I-9 In a Nutshell: Sections, How to Fill Out, and More

Hiring new employees can be super exciting. But with great new employees comes great responsibilities. As an employer, you’re responsible for onboarding new hires. Not to mention, you need to collect new hire paperwork, including Form I-9, from your workers.

Keep reading to learn all about Form I-9, including a breakdown of the form’s different sections and common Form I-9 errors to avoid.

How IRS Form 2553 Can Shake Up Your Company

When you start your business venture, you choose what type of business structure you want your company to be. Maybe you chose to be a sole proprietor and handle business on your own. Or, maybe you decided to structure your business as a corporation.

But, what happens if you’re not too keen on the structure you selected? Well, if you went the C Corp, single-member LLC, or multi-member LLC route, you can change the way your business is taxed using IRS Form 2553. So, what is Form 2553?

What Are Payroll Liabilities?

A business owner without liabilities is like a house without a door—you just don’t see it. And if you’re an employer, one of your many liabilities revolves around payroll. You can’t neglect or delay paying your payroll liabilities, or you may face disgruntled employees, IRS penalties, and upset payroll service providers. So, what are payroll liabilities?

Transposition Error, the Little Mistake That Causes Big Problems

Mistakes happen, especially when it comes to recording transactions in your books. One type of accounting mistake that’s easy to make is a transposition error. Read on to learn what is transposition error and how it can affect your accounting books. 

Patriot Software Unveils First Television Commercial

Canton, OH

Patriot Software, a provider of online accounting and payroll software, announces the further expansion of its current advertising campaign onto national television platforms beginning January 13, 2020.

With This Guide, You’ll Be Reading and Understanding Form W-2 Like a Pro

As an employer, you’re responsible for withholding taxes from your employees’ wages and reporting the amount to the government. And in order for employees to file their individual tax returns, you need to show them how much you withheld during the year. So, how do you do that? You need Form W-2.

Ready to get a firm grasp on this whole Form W-2 thing? Read on to learn and understand Form W-2.