Heather Palermo

Author profile for Heather Palermo of Kaizen CPAs + Advisors. On this page you can see all the blog posts that Heather Palermo has written.

Millions of Backlogged Tax Returns

Millions of Backlogged Tax Returns

If you are one of the many people wondering what happened to the refund you expected from your 2019 federal tax return, you are not...

REMINDER – Required IL Sexual Harassment Prevention Training

REMINDER – Required IL Sexual Harassment Prevention Training

On July 1, 2020, Public Act 101-0221 amended the Illinois Human Rights Act (IHRA) requiring Illinois employers to...

Widespread Fraud Scheme Impacting All State Unemployment Programs

Widespread Fraud Scheme Impacting All State Unemployment Programs

WARNING Unemployment fraud is impacting Pandemic Unemployment Assistance (PUA) programs across the nation. Claimant fraud can include...

Protect Yourself From Time Theft

Protect Yourself From Time Theft

30% of Employees Admit to This Crime No business owner wants to believe their employees are dishonest. Yet, thousands...

Avoid Payroll Violations

Avoid Payroll Violations

Did You Know? In the past five years, business owners paid more than $1.2 billion in back wages due to payroll...

Illinois Employers: A Must Read If You Hire Independent Contractors

Illinois Employers: A Must Read If You Hire Independent Contractors

Are you aware that your independent contractor can file for unemployment insurance benefits? You probably thought that only W-2...

Do I Have to Pay Back My Paycheck Protection Program (PPP) Loan?

Recently, the federal government signed into law the $2 trillion CARES Act, which provides financial assistance to individuals,...

Managing Cash Flow During Difficult Times

Business owners are continually challenged with reducing costs and managing cash flow, even more so during difficult times....

Illinois Employers – Don’t Take Your Employee’s Tips!

Effective January 1, 2020, the Illinois Wage Payment and Collection Act has been amended regarding employee tips/gratuities. The law...

Effective January – Sexual Harassment Training Required In Illinois

Effective January 1, 2020 Sexual Harassment Training Required In Illinois Beginning in January, as one part of a new law...

Thinking About Selling Your Business?

Thinking About Selling Your Business?

15 Helpful Steps for a Successful Sale Are you considering exiting your business or desire the flexibility to do so...

U.S. Department of Labor Final Overtime Rule

Effective January 1, 2020, nearly 1.3 million American workers will be newly eligible for overtime pay. The U.S....