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small business accounting (7)

Human Capital Management (HCM) software can streamline HR tasks, improve payroll processes, enhance organizational efficiency, and improve productivity and the employee experience

HCM 101: What Is Human Capital Management?

Employees are the most important assets of any business. And while your people are your most valuable assets, managing your employees...

Employee Retention Credit (ERC)

Employee Retention Credit (ERC)—You Might Still Qualify

Did you know that you might still qualify for the Employee Retention Credit? Find out what it is and whether you qualify in this helpful...

A man wearing a blue hard hat uses a hammer. It's crucial to properly classify a worker before hiring to avoid costly penalties, back taxes, and potential litigation.

Employee vs. Contractor: Avoid Costly Misclassification for Your Business

Misclassifying workers as independent contractors instead of employees can put your business in hot water. Think heavy fines, back...

IRS Estimates the Tax Gap Totals Hundreds of $$BILLIONS

IRS Estimates the Tax Gap Totals Hundreds of $$BILLIONS

If you are a small business owner, and you have never experienced an IRS audit, consider yourself fortunate. Be aware though, the...

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....