In the dynamic world of business management, entrepreneurs and business owners face an array of complex tasks and responsibilities daily. Among these, payroll management stands as a critical yet time-consuming aspect that demands meticulous attention. It’s a...
In the ever-evolving landscape of small businesses, entrepreneurs are constantly seeking ways to optimize their operations, reduce administrative burdens, and propel growth. Professional Employer Organizations (PEOs) have emerged as a game-changing solution, offering...
Pay transparency has emerged as a significant topic in today’s workforce, reflecting a broader societal push for equity, fairness, and accountability in the workplace. Employees are seeking greater clarity about their compensation, and employers are being...
On July 27, 2023 the IRS issued additional guidance on the Employee Retention Credit (ERC) including additional guidance on Eligibility Rules, Qualifying Orders, Claiming the Credit, ERC Scams, and Recordkeeping. The following is information taken from...
As a business owner, navigating the complexities of hiring and maintaining a workforce can be challenging. One of the crucial tasks you must undertake is verifying the eligibility of your employees to work in the United States. To fulfill this obligation, the I-9 Form...
Healthcare costs can be a significant burden for individuals and families, especially with rising medical expenses. Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs) are two popular options that offer tax advantages and help individuals save money...
Introduction Starting a business is an exciting venture, but before you dive in, one critical decision you must make is selecting the right business structure. The business structure you choose will not only impact how your company operates but also influence your...
Starting a business in the United States requires compliance with various legal requirements at the federal, state, and local levels. These regulations are designed to ensure fair competition, protect consumers, and maintain a stable business environment. While...
The United States department of Labor created the Fair Labor Standards Act (FSLA) which establishes minimum wage, overtime pay, recordkeeping, and youth employment standards affecting employees at the state and federal level. When in a work setting, companies have a...
What is it? The Employee Retention Tax Credit (ERTC) is a refundable tax credit against taxes to be paid on the quarterly 941s. This tax credit is available to small businesses who have had a significant reduction in gross tax receipts between March 12, 2020 and...
