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small business operations (8)

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...

An employee fills out a W-4 form. It's important to stay informed on the latest forms to know how they impact employees and to ensure compliance.

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?

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...

Employees participate in a group training session. It's crucial to know whether the time is paid or unpaid to ensure compliance with FLSA to avoid legal issues.

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...