#TuesdayTips – Understanding Employee Training Compensation: When Is It Paid Time?
Learn when employee training time must be compensated. Discover the four criteria for unpaid training and examples to help navigate employee training compensation rules.
#TuesdayTips – Essential Pay Statement Compliance Tips for Employers in 2024
Discover the new DOL final rule increasing the minimum salary for exempt employees in 2024. Learn about key changes, exceptions, and steps employers need to take for compliance.
#TuesdayTips – New DOL Rule Increases Minimum Salary for Exempt Employees: Key Changes Effective July 2024
Discover the new DOL final rule increasing the minimum salary for exempt employees in 2024. Learn about key changes, exceptions, and steps employers need to take for compliance.
#TuesdayTips – Gusto’s 1099 Solutions for Compliance
With the rise of digital payment platforms like Cash App and Venmo, businesses are increasingly conducting transactions through these channels. While these platforms offer quick and convenient payments, they also require careful monitoring for 1099 reporting purposes. The IRS now mandates businesses to report payments made through third-party networks, including digital payment platforms, on their […]
#TuesdayTips – Bookkeeping for Small Businesses
In the realm of small business management, mastering bookkeeping is key to financial success. This comprehensive guide explores essential bookkeeping practices tailored for small businesses, offering actionable strategies to simplify and optimize this vital process. Why Bookkeeping is Crucial for Small Businesses Bookkeeping is the backbone of financial management for small businesses, providing insights into […]
#TuesdayTips – 50 Incredible Freebies, Grants, and Accelerators Every Small Business Owner Needs to Know!
In today’s fast-paced business world, small businesses and budding entrepreneurs often find themselves at a crossroads, seeking support to ignite their growth and navigate the challenges of the entrepreneurial journey. This is where the magic happens! We’ve found a list of 50 extraordinary grants, accelerators, and free resources, each curated to empower small businesses. From […]
#TuesdayTips – Understanding BOI Reporting: A Quick Guide
Hey folks! Wondering what BOI (Beneficial Ownership Information) is and how it affects your company? Here’s a breakdown: What is BOI? BOI helps identify individuals owning or controlling a company. Part of the Corporate Transparency Act to combat hidden gains through shell companies. Reporting Deadlines: Companies created before Jan 1, 2024, report by Jan 1, […]
#TuesdayTips: Are You Truly Ready for W2s?
It’s the end of the year and almost time to send W2s – have you verified the information yet?
#TuesdayTips: 1 Way to be Always Ready for Anything
IS YOUR BUSINESS READY FOR ANYTHING? For most business owners, typical days in the office or at the jobsite consist of blocking off time for replying to emails, returning phone calls, and attending meetings scheduled for the day. You know, smooth and routine, always predictable…. SAID NO BUSINESS OWNER EVER. There is no such thing […]
#TuesdayTips – 3 Reasons to Clearly Schedule Paid Time Off
Most likely, your company offers paid holidays as one of its perks. Many of your employees may also schedule time off during this time of year because of the Thanksgiving and Christmas holidays that are right around the corner. For those employees, paid time off (PTO) was likely approved weeks or even months in advance. […]
