In working with many small and medium-sized business, I’ve found that people generally don’t like to talk about fraud. Some people are afraid their business will be susceptible to fraud and, therefore, they are paranoid to talk about it.
What complicated your prep work for year-end review? Were you missing details needed in order to invoice your customers, whom, by the way, wanted to spend their tax dollars before the 31st? Were you working to reconcile your vendor statement and discovered you are still missing receipts or details from back in July, that you didn’t follow-up on? Do you have all the W9 forms you need from vendors you paid throughout the year?
On January 1, 2020 the new Salary Threshold rule takes effect. Employers will be required to pay most executive, administrative, and professional employees at least $684 per week ($35,568 per year). To be exempt from overtime under the federal Fair Labor Standards Act (FLSA), employees must be paid a salary of at least the threshold amount and meet certain duties tests. If they are paid less or do not meet the tests, they must be paid 1 1/2 times their regular hourly rate for hours worked in excess of 40 in a work week. Read More
Often, I receive inquiries from individuals wanting to purchase short-term disability on an individual basis. Typically, carriers will not offer short-term disability individually as it is not cost effective. Standard short-term disability benefits start either first day for injury or illness or often first-day injury and seventh-day illness. Can you guess who is traditionally most interested in this benefit? Young females.
It is that time of year, the holidays. Stress levels rise through the roof as we try to manage the busyness of the season with everyday stressors; it can feel like a pressure cooker! Offering your employees, the benefit of an EAP helps them to feel supported on a continual basis, whether those stressors are seasonal, every day or major life changes. Many EAPs often go unused because employees don’t know about them, understand what they provide, or employees may feel there’s a stigma around using these services. Or, some employers just don’t offer an EAP in their benefits package. Let’s look into how they can positively affect your whole organization.
The holidays can be a magical time of year, filled with the warmth of family and friends and the joy of giving—or receiving—the perfect gift. But if you’re not careful, the holidays can also be a financial drain—leaving bills that linger long after spring has returned.
Is growing your marketing efforts one of your 2020 business goals? It should be! Marketing is the driving factor that supports lead acquisition, sales and customer service to help you grow your business. Your initial gut feeling may be to (attempt) to execute your business’s marketing yourself! In this blog, you will find why it is cheaper AND smarter to outsource your marketing to a professional agency. Read More
Corporate holiday gifts do more than send “Season’s Greetings.” There is nothing like the feeling of appreciation and your clients and associates will certainly have that feeling when they receive an elegant or exciting gift at the end of the year! What a great way to solidify a good working relationship…and make your business stand out.
Filing and filling out tax forms can be overwhelming and confusing at times especially at year-end with all of the other deadlines and all we really want is to enjoy the holiday cheer! Today, we provided a few best practices that can be applied now to help when filing 1099-Miscellaneous forms and the 2019 Forms W-2.
It’s that time of year again. Can you sense it? Year-end is just around the corner. The weather is chillin’ and the Christmas decorations are appearin’. However, the small business owner has a lot to do before year-end arrives.
As we age, the need for regular medical testing usually increases. Thinking about what and when to be proactive is a great way to monitor changes in your body. Following are common tests that older adults should get.