Payroll record keeping requirements are a headache. But they are also 100% an absolute necessity. Try applying for a loan without a good payroll record-keeping system. Or filing your taxes. You [...]
Remote work has many advantages. But before business owners can benefit from them, they need to overcome the hurdles. This guide will outline the challenges of remote work and the most direct [...]
In times of economic uncertainty, it is easy to think that it is ‘impossible’ for anybody to make money. This is complete nonsense and the exact kind of thinking that new entrepreneurs should [...]
The best businesses are founded on a strong human resource (HR) department so that new hires and executives can be first found, and then looked after. Modern companies (such as Google and Apple) [...]
The PPP has been one of the most popular relief programs and you need to know about its implications (if you took one out) for tax and accounting purposes. While it is no longer available, people [...]
Cost accounting is most relevant when it comes to manufacturing businesses and businesses involved in the distribution of physical products. This is because these businesses revolve around the [...]
Accounting is the method through which you ‘account’ for all of your financial activities throughout the fiscal year. There are Generally Accepted Accounting Principles (‘GAAP’) which govern how [...]
Technically, both payroll and income tax are distinct. And you need to understand both in order to withhold employment taxes. Don’t make the mistake of treating them both the same or using [...]
Payroll has traditionally been a huge issue for small to medium-sized businesses. But with the increase in automated software, it has now been streamlined to a large degree – provided you [...]
