Mar 13, 2019 | Entrepreneurs & Small Business, Privacy Protection and Identity Theft, SOC Updates
By Andrew Wan, CPA, CFE IT systems are now an integral part of many companies’ everyday life. From the use of the simple solutions like Square for a small businesses’ point-of-sale tracking, to more robust and dynamic integrated GL packages like SAP for large...
Oct 7, 2018 | Entrepreneurs & Small Business, Payroll Tips, QuickBooks Tips, Small Business Accounting
By Jessica Donaldson Do you own and run your own business? Are you aware of how long you are required to hold on to receipts, invoices paid, or employee forms? Keeping your documents and records organized is vital to your business – whether you are a brand-new...
May 24, 2018 | Entrepreneurs & Small Business, Payroll Tips, Small Business Accounting
By Kristine Coyle, Accounting Services If you are an employer, you may have asked yourself, “What is this Form I-9? How do I fill it out?” In the world of payroll preparation, the Form I-9 is one that we rarely see filled out correctly. This is understandable as many...
Feb 2, 2018 | Entrepreneurs & Small Business, IRS information, Small Business Accounting, Tax Cuts and Jobs Act, Tax Planning Tips, Tax Updates
The Tax Cuts and Jobs Act makes changes to the general business credit by adding a new component credit for paid family and medical leave, and changing two current component credits, i.e., the rehabilitation credit and the orphan drug credit. First, the Tax Cuts and...
Jan 8, 2018 | Employee Benefit Plans/401(k), Entrepreneurs & Small Business
Employers tend to feel like they have to offer a 401(k) retirement plan. But many organizations, particularly smaller ones, run into trouble with complex rules for discrimination testing. If all of this sounds familiar, you might consider adding a safe harbor feature...
Dec 18, 2017 | Affordable Care Act, Entrepreneurs & Small Business, IRS information, Small Business Accounting, Tax Planning Tips, Tax Updates
Sweeping Tax Overhaul Heads to House and Senate The House and Senate Tax Cuts and Jobs Act Conference Committee unveiled its tax reform package on December 15. The Committee, after a week of intense negotiations, blended the House and Senate versions of the Tax Cuts...
