Payroll & Taxes

  • Year-end Tax Mistakes to Avoid in 2016

    December 12

    As you plan for 2017, you don't want to lose sight of what's required of you (and your company) to finish up the current year in the appropriate manner.

  • Bi-Weekly vs. Monthly Payroll: What You Need to Know

    December 11

    Setting up payroll for your company is easier today than ever before. All you have to do is compare providers and make a decision based on your findings. Of course, there are important questions to answer along the way. Here is one that requires your full and undivided attention: how often will you pay employees?

  • Tax Laws Every New Small Business Owner Should Know

    December 8

    If you want to be a successful business owner, you have to know some things about tax laws to succeed. Even if you hire an accountant, you have to know some things for yourself. Today, I will share some tips about various tax laws which every new small business owner should know about. These insights are derived from my experience working with clients through my own accounting firm.

  • When is the Best Time to Switch Your Payroll Service?

    December 7

    As a small business owner, quarterly tax filings give you a chance to assess your current payroll provider to make sure you’re getting everything you need out of the relationship. And, if you’ve already been toying with the idea of finding someone new then maybe it’s time to switch. 

  • The Quick Start Guide to the Best Payroll Service

    December 3

    The importance of payroll to small businesses stands out more today than perhaps it has in previous years. Not only are small businesses paying billions in payroll tax penalties, but we're also seeing a record number of wage theft cases.

  • Most Common Payroll Mistakes Among New Companies

    November 30

    There are payroll mistakes that benefit employees, as well as those that benefit employers. But either way, a mistake is a mistake.

  • 9 Tax Credits Extended for Business Owners

    November 23

    As any business owner would tell you, owning a business is not easy. Especially when it comes to taxes. 

  • These Business Tax Deductions Require Special Attention

    November 16

    As a business owner, it is good practice to take advantage of as many tax deductions as possible. By doing so, you lower your taxable income and are able to keep more money in the business.

  • What States Have the Best Tax Rates for Small Businesses?

    November 14

    As we all become more mobile, so do our small businesses. More business owners than ever are shopping around for a better state to conduct their commerce.

  • 3 Tips for Facing a Small Business Tax Audit

    November 9

    There is nothing worse than receiving that dreaded letter in the mail. You know which one. The one from the IRS explaining they need more information from you.

  • How Does Paid Sick Leave Work in California?

    November 9

    As an employer or employee in the state of California, it's important to understand the finer details associated with the applicable paid sick leave laws.

  • Tax Credits to Pass Along to Your Small Business Clients

    October 30

    Staying current on information regarding business tax credits for your clients can result in deeper relationships as they will see you as their trusted advisor who has their best interests in mind.

  • 5 Tips for Setting Up a New Company's Payroll

    October 14

    Are you in the process of getting your business up and running? Although you are wearing many hats at this time, it is important to pay the most attention to the details that can “make or break” your company during the startup phase.

  • How to Fill Out the W-4

    September 27

    As an employee, there is no tax form more important than your W-4. Also known as an Employee's Withholding Allowance Certificate, this form is one that every employee needs to complete before his or her first day on the job.

  • Advantages of Weekly Payroll vs. Monthly Payroll

    September 24

    From the moment a company starts hiring employees, it must decide what payroll schedule to follow. While this may sound like an easy decision, there are many options to consider.

  • Advantages of Monthly Payroll vs. Quarterly Payroll

    September 18

    As you attempt to settle on a particular payroll schedule, you will find that there are multiple options – some of which are going to be better for your business than others.

  • The Payroll Schedule: How to Create One

    September 15

    Small business owners often spend a lot of time developing and utilizing the payroll schedule. While most owners aren’t payroll experts, a flawless schedule is critical. When payroll mistakes happen, employees may get shortchanged or paid late. This can really hurt morale and cause employees to question your competence. If you’ve never created a payroll schedule before, here’s how to start and get it right from the first paycheck.

  • IRS Cracks Down on Expense Reports: Are You Ready?

    September 11

    Employees who travel a lot for business – executives and owners – are juicy targets for an auditor. The IRS is cracking down on expense reports and determining that some reimbursements you receive may be taxable.

  • 4 Fall Tax Tips for the Small Business Owner

    September 10

    With the fall season closing in, it won’t be long before the end of the year is here. Rather than save all tax related questions, concerns, and responsibilities for December and January, now is the time to review your situation.

  • How the New Overtime Rules Could Impact Your Business

    September 9

    Recently, the U.S. Department of Labor (DOL) issued their Final Overtime Rule that will become effective on December 1, 2016. ​