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How Your Payroll System Affects Your Balance Sheet
The balance sheet is to small business what an inspection sheet is to a car mechanic. It provides a quick snapshot of how the business is doing based on summaries of assets, liabilities, revenues, and profits. Smart business owners know that nearly...Read more
It's Good When Year-End Reviews Lead to Higher Payroll
It's that time of year again when middle managers start thinking about year-end performance reviews. From mid-November through the end of December, they will march their employees in, one by one, to sit down and talk about their accomplishments over...Read more
ACA Compliance Now Up in the Air
The recent federal elections did not end the way a lot of people thought they would. Now questions are turning to what can be expected when the new Congress and president begin their terms in January 2017. If news reports are to believed, one thing...Read more
A Year-End Reminder About the I-9 Form
Earlier in 2016, the federal government announced changes to the I-9 form used to document worker eligibility. Beginning November 22, employers will be able to freely download a new I-9 form from the website of the U.S. Citizenship and Immigration...Read more
What You Need to Know about the EIN
The employee identification number (EIN) is one of the most important numbers for payroll and tax purposes. Any business owner with at least one employee – as opposed to working as a sole proprietor – has to have an EIN for tax reporting purposes...Read more
6 Things to Know About State Retirement Mandates
The results of numerous online surveys all come to the same conclusion: the number one thing people worry about is retirement savings. Yet, it’s reported that 1 in 3 workers don’t have any money set aside for retirement. Taking a cue from this...Read more