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...
small business accounting (8)
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...
How the New Form W-4 Affects Employee Withholding and Your Payroll
On December 5th, the Internal Revenue Service (IRS) released the 2020 Form W-4, Employee’s Withholding Certificate 2020 Form W-4. It...
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....
Employer Tax Credit for Paid Family and Medical Leave
As a small business owner, there’s a lot to manage and frankly, it can be daunting. The Family and Medical Leave Act (FMLA) and all...
Employee Meetings and Training: Paid or Unpaid?
Meetings and trainings are an essential part of employee growth and success. Meetings, programs, lectures, seminars, webinars, etc....
Illinois Secure Choice Savings Program
ILLINOIS BUSINESS OWNERS A retirement savings program is mandatory as of November 2019. You have options, and we can help....
Sales Tax Responsibilities Have Undergone a Seismic Shift Recently
Sales tax responsibilities have undergone a seismic shift recently due to the landmark court case known as the Wayfair case. This case...
Do You Have More Credit Card Debt than Emergency Savings?
Putting away money for a rainy day and spending within your means makes great sense. Any financial planner, child of the...
IRS Warns of Fraudsters Targeting HR Personnel
In December of last year, the Internal Revenue Service warned tax professionals of an increase in phishing emails that...
Can I Bank Overtime Pay or “Time In Lieu” for My Employees?
If your business pays employees by the hour, you probably have to budget for overtime wages. Non-exempt employees who work over the...