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....
small business accounting (8)
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...
DOL Rescinds 80/20 Rule
The U.s. department of labor recently issued an update bulletin rescinding prior guidance known as the "80/20 rule". Since 2009, this...
Payroll Fraud: The Different Types, Detecting It and Preventing It
At first glance, payroll fraud might seem difficult to achieve–after all, shouldn’t theft be easy to spot? Well-hidden fraud is not obvious to...
Resolve to Look Into QuickBooks Online This Year
Small business owners are always hunting for cost-effective business solutions. Which helps explain why so many are turning to QuickBooks Online –...
Avoid Penalties – Ensure Accuracy of Wage Reporting
The Social Security Administration has started mailing informational notifications to employers that submitted W-2s for 2017 that contained...