One of the main reasons people go into business for themselves is to do something they love or feel passionate about. Unfortunately, most soon discover that there are necessary aspects of entrepreneurship that they loathe. Two examples that we hear often: payroll and taxes. Many choose to get professional assistance with their taxes, but are not so quick to consider outsourcing payroll.
Key Performance Indicators, or KPIs, are measurements that reflect how effectively your business or organization is working toward its objectives. They can be an excellent way to demonstrate value to your various stakeholders.
Companies outsource payroll, IT and other functions, but often don’t realize the many advantages of an outsourced CFO.
Certain otherwise excludable fringe benefits are required to be included as taxable wages when provided to a 2% S corporation shareholder.
The CARES Act made a number of changes to the rules relating to employee fringe benefits; make sure you are up-to-date.
This year-end may not be the same as last year when it comes to 2020 payroll taxes and compensation and benefits matters.
In today’s business environment, you need a CFO who can rise to the challenge and bring more than a knack for financial analysis to the table.
The SBA and Treasury Department continue to tweak and clarify information in the initial documentation that was released regarding the Paycheck Protection Program.
The CARES Act includes various forms of relief for employees and employers. Here are some of the HR and payroll-related highlights:
The Families First Coronavirus Response Act includes provisions for emergency paid sick leave and expanded FMLA eligibility and benefits.
The CARES Act created new laws and guidelines, as well as made some revisions to the previously enacted Family First Coronavirus Response Act (FFCRA).