Payroll Accounting: The Basics Payroll is an integral part of every business. The payroll accounting process involves paying wages, calculating hours, applying benefits, deducting taxes and collecting garnishments, all...
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Check Your Withholding Are you having the right amount of tax withheld from your paycheck? The IRS’sTax Withholding Estimatorhelps you calculate federal tax withholding, which affects your take-home pay...
Who Needs a Trust — and When A will is an important way to distribute your assets, financial and otherwise. One major limitation of a will is that you...
Intro to Business Deductions To be deductible, a business expense must be both ordinary — common and accepted in your industry — and necessary, helpful and appropriate for your...
Is an Outsourced CFO Right for You? Outsourced chief financial officer firms provide you with an external expert to guide your company’s financial strategy, operations and planning on a...
Employee vs. Freelancer: Tax and Financial Implications Let’s say you decide to onboard a freelancer, also known as an independent contractor. What should your next tax- and finance-related moves...