当午夜的钟声敲响新年,砰! It’s about time to complete Form 940, Employer’s Annual Federal Unemployment (FUTA) Tax Return. The FUTA tax return differs from other employment tax forms in a few ways. So, how to fill out a 940 tax form also differs. Learn how to fill out Form 940 […]
Read MoreHow to Fill Out Form 940 the Right Way
The digital age has brought with it a slew of new technologies and advances. From cryptocurrency to digital wallets to blockchain, people are experiencing newer and faster ways of living than ever before. Another advance employers should keep an eye on is earned wage access. Keep reading to get the scoop on what earned wage […]
Read MoreEverything Employers Need to Know About Earned Wage Access
Business owners have a lot of taxes to know. Sales tax is another one to put on the list. Understand sales tax and how it works for your business to avoid potential penalties. And, that includes knowing if your particular company has to charge sales tax at all. So, let’s answer, “Do I have to […]
Read MoreDo I Have to Charge Sales Tax? The Inside Scoop for Sellers
While some businesses can start in a basement, garage, or kitchen, others require commercial property in the beginning. And, many companies outgrow their original location, so they need to look at commercial property. But, should you buy or lease property for your business? There are pros and cons to buying vs. leasing commercial property. Review […]
Read MoreThe Pros and Cons of Buying vs. Leasing Commercial Property
Owning a business may mean that you are self-employed. But, the IRS has rules about which business owners are self-employed and which are not. Basically, all self-employed individuals are business owners, but not all business owners are self-employed. So, what are the types of self-employment?
Read MoreTypes of Self-employment: Which Is Right for Your Business?
Generally, paying employees hourly or salary wages is a straightforward process. But, what happens when you pay employee commissions or bonuses? You may need to use a supplemental flat tax rate for federal and state income taxes. Not all states require supplemental tax rates. So, take a look at the supplemental tax rates by state […]
Read MoreSupplemental Tax Rates by State [+ When to Use Them]
Many business owners give their employees paid time off (PTO) or vacation pay throughout the year. At the end of the year, employees can either cash out, roll over, or lose unused time. If you allow employees to cash out their unused vacation time, you need to know how to handle the payout. Luckily, the […]
Read MoreHow to Handle Taxes on Vacation Payout
The world has drastically changed in the time since the invention of computers. With the rise of the internet, working from home, and digital currency, other technologies have come into play. One of those technologies is the blockchain. What is blockchain, and how can it impact your business?
Read MoreWhat Is Blockchain? All About the New Rage of the Digital Age
Small business owners have a lot on their plates. That’s why it can be a little scary to realize that bookkeeping is yet another task you have to complete to keep your business running. After all, why can’t you skip it altogether and pass it on to an accountant? Well, there are a few reasons […]
Read MoreWhy Is Bookkeeping Important for Small Business?
The fact is, business owners should know a little about accounting. And yes, hiring an accounting professional is a tremendous help. But, what about the day-to-day cash flow of your business? What about invoicing, bill payments, data entry, and other accounting tasks? That’s where accounting software can help. So, how does accounting software work?
Read MoreLet’s Get Down to Brass Tacks. How Does Accounting Software Work?