Are Payroll Taxes Deductible?

Payroll Taxes

Are Payroll Taxes Deductible? There are only two certainties in life: death and taxes. While corporations only face the specter of death if they are liquidated or face crippling tailwinds in their business, corporations cannot escape taxation in one form or another. However, unlike individuals, corporations have certain benefits not granted to wage-earners. This includes…

Read More

Are Business Owners Covered by Workers’ Compensation, and When Should Owners Get Compensation Coverage?

Workers' Compensation

Are Business Owners Covered by Workers’ Compensation, and When Should Owners Get Compensation Coverage? In almost every state, having workers’ compensation is mandatory for all for-profit businesses with very few exceptions. There are penalties for those who do not have the mandatory coverage for their employees. If you don’t have employees, you’re likely wondering if…

Read More

Give Employees a Break and Watch What Happens

Do Employees Need Breaks

Give Employees a Break and Watch What Happens Work breaks serve an important purpose during the work shift. They are needed by every person, no matter their seniority, to achieve optimal performance and complete the day’s tasks. But do employees really have to take breaks? What to Know About Work Breaks Facts U.S. federal law…

Read More

Grow Your Business Using Social Media

Growing Your Business on Social Media

Grow Your Business Using Social Media Ever since it arrived on the scene over fifteen years ago, social media has truly changed the marketing game for so many companies. There’s a new level of exposure and accountability businesses have. Social media is also an incredibly lucrative platform to build a strong business. There are so…

Read More

Do I Need a Payroll Service?

Do I Need a Payroll Service?

Do I Need a Payroll Service? A business has many things it must accomplish in order to succeed and grow. One of the most important aspects of it will be having an efficient payroll system. With the payroll being done internally, a company will have to hire and train additional employees to handle all aspects…

Read More

3 Ways to Prepare for a Workers’ Comp Audit

Insurance Quote

  Workers’ comp audits are performed to ensure that the premiums employers pay for workers’ comp insurance accurately reflect their respective risks. Most insurers check to make sure that employers and employees are properly classified and that the payrolls used for rating purposes are timely and accurate. If wrong classifications are detected, then the auditors…

Read More

How Entrepreneurs Solve Problems

problem solving

How Entrepreneurs Solve Problems Entrepreneurs are going to face unexpected problems on a regular basis. Even when you’ve worked out processes, there are always going to be changes and growing pains. It might be a key staff member who quits to join a competitor, or a system crash just before an important deadline. It could…

Read More

Looking for a job in New York? Keep These 3 Tips in Mind.

New York

Looking for a job in New York? Keep These 3 Tips in Mind. While New York state offers 7 million private sector jobs and several hundred thousand federal jobs, the unemployment rate is stubbornly stagnant at about 6.5%. This varies from places to places across the state. Most the unemployed live in the five boroughs…

Read More

Tip Reporting, What you need to know about form 8027

Tip Reporting

Tip Reporting, What you need to know about form 8027 One of the necessities for us restaurateurs is to comply with the Internal Revenue Service (IRS) rules regarding tip reporting. All the employers that operate large food and beverage establishments need to report the income of their employees for the services offered and earned in…

Read More