Payroll audits can be beneficial to your business. Learn how to conduct one with this step-by-step guide and get software recommendations.
With new tax laws taking effect, follow these best practices to ensure your business is well positioned come tax time.
Managing payroll forms is a necessary part of owning and running a business. Learn about the payroll tax and report forms business owners must understand.
Under the legislation, eligible employers can claim a refundable tax credit that is equal to 70 percent of the qualified wages they pay employees.
Determining total employee compensation is critical to keeping employees happy and attracting top job candidates. Here is how to calculate it.
The triple bottom line uses a sustainability-based accounting method that prioritizes people, profit and planet. Here's how businesses utilize it.
Debt collection is the process of obtaining payment on a past-due account. Here's what to expect if you run into financial trouble.
Startups are short on cash but long on equity, so they often offer it as compensation. Here's why that could be a good or bad thing and what to negotiate.
If interest rates rise, small business owners should prepare. Here's how.
Night shift differential pay applies to employees who don't typically work night shifts. Learn how to calculate and apply night shift differential pay.
The medical billing process can be complicated. Follow this step-by-step process to ensure you do it correctly.
Learn how to run payroll for your small business's employees.
Find out what to include in a cash flow statement, as well as its limitations and how cash flow is calculated.
In order to pay your employees correctly each pay period, you need to know how to calculate gross and net pay. Learn how to ensure your payroll is precise.
Here's a look at the business checking account fees you could face and how to avoid them.
IRS audits are stressful and costly. Learn best practices and tips that will reduce your chances of getting audited by the IRS and help you stay compliant.
Invoicing is crucial for small business cash flow. Learn how to create an effective professional invoice that increases the likelihood of timely payments.
Cash flow is critical for construction contractors. Learn best practices for ensuring your clients pay you and tips for dealing with nonpaying customers.
Getting behind on your taxes can result in penalties, including liens and levies on your business. Here's what to do if you're past due.
Many businesses hire hourly employees with varying hours. Learn how to determine and calculate the average cost of an hourly employee to your business.
How do 1099-MISC and 1099-NEC tax forms differ? Learn the differences between 1099-MISC and 1099-NEC, which affect independent contractors and freelancers.
This guide to filing payroll taxes can help any business with employees manage their payroll and meet their tax obligations.
The State Unemployment Tax Act (SUTA) is a required payroll tax employers must pay. Learn what SUTA taxes are and how to understand, set up and pay them.
Businesses must file Form 941 quarterly to report the total taxes withheld from employees' paychecks. Here's everything you need to know about Form 941.
Retro pay is when an employer makes up the difference between wages the employee should have been paid versus what the employee received.
When a multiwage employee works overtime, which of their wage rates do you base their overtime rates? Blended overtime pay answers this question.
Overhead costs are expenses tied to things other than the production of goods or services. Here's how to calculate overhead.
To start your business, you’ll need money and sometimes borrowing funds is fine. Without proper management and care, though, debt can become problematic.