It’s not unheard of for business owners to hire their family members. In fact, approximately 90% of U.S. businesses are family-owned or controlled. With so many other businesses hiring relatives, you might be itching to do the same.
Read More Hiring Family Members: The Good, the Bad, and the Ugly
Tracking your employees’ time and attendance is an important part of running an accurate payroll, managing personal time off, and maintaining employee records. You can document time and attendance information by creating an employee timesheet.
Read More Handle With Care: Employee Timesheet
Meeting deadlines is stressful when you’re running a business. Many small business owners are especially stressed when it comes to meeting IRS tax filing deadlines. Don’t you just wish you had a way to extend your filing due date? Cue Form 8809.
Read More Need a Filing Extension for W-2s, 1099s, and More? File Form 8809
As a small business owner, you have certain behavior expectations for employees. To guide workers on ethics and how to represent your company, consider creating a code of conduct.
Read More Creating a Code of Conduct for Your Small Business
If you’ve ever sent an invoice to someone who planned to pay later, you’re probably using accrual accounting. It can be hard to keep track of finances when you’ve accrued payables and liabilities. But, using the matching principle can help you stay organized. The matching principle in accounting states that you must report expenses in […]
Read More The Matching Principle in Accounting: How a Debit and Credit Fall in Love
As an employer, you recognize that your employees contribute to smooth business operations. What happens if an employee gets injured or ill and can’t work for an extended period of time? You and your employees need to know about short-term vs. long-term disability insurance.
Read More Short-term Disability vs. Long-term Disability
Do you know what payroll history is? It’s important payroll information that can help you avoid errors and maintain your business records.
Read More Why Is Payroll History Important to Your Business?
Over 70% of employees have access to paid days off from work for sick or vacation time. Although these are common paid time off programs, sick and vacation days aren’t the only time off work you can offer. Get the scoop on different types of paid time off below.
Read More 10 Types of Paid Time Off You Can Offer Employees
Employers can choose from a few types of payment methods to offer employees. One popular option is direct deposit. You can also pay employees with handwritten or printed paychecks. Before deciding what is the best option for your business, you should weigh the pros and cons of each.
Read More Direct Deposit vs. Check: The Pros and Cons of Payment Methods
As an employer, you may wonder why an employee would receive a paid leave of absence and how it will affect your business. It is your responsibility to understand the laws about leaves of absence. Continue reading to learn more about types of leave, laws restricting leave of absence, and what to do when an […]
Read More What to Know About Paid Leave of Absence