Tag: Candy Messer

Technology Makes it so Easy to Collaborate with your Bookkeeper!

Are you a small business owner trying to do it all including handling your own bookkeeping? Are you afraid it would take too much effort to get information to someone in order for them to help you? Technology makes it...Read More

Overtime Pay: How to Calculate

As discussed in the prior three blogs, the Fair Labor Standards Act regulates when and how overtime must be paid. Wages may be determined on a piece-rate, salary, commission, or some other basis, but in all such cases, the overtime pay due...Read More

Exempt VS Non-Exempt: What You Need to Know

As discussed in the last two posts, federal overtime rules regulate who must be paid overtime rates and when those rates apply. With few exceptions, to be exempt an employee must be paid at least $23,600 per year ($455 per...Read More

Federal Overtime Rules: Who Is Exempt

In the last post I discussed federal overtime rules laid out in the Fair Labor Standards Act. Today's information is about those exempt from that legislation. According to information provided by the United States Department of Labor, following are classifications...Read More

Federal Overtime Rules: When Must Overtime Be Paid?

Many employers have questions regarding when overtime must be paid to employees. This post will discuss the federal regulations, but be aware that many states have more stringent guidelines, so be sure to check with your state to find what...Read More

QuickBooks Online Shortcuts

Do you do your own bookkeeping using QuickBooks® Online? Need some shortcuts to make that data entry go a bit faster? Please note that for the purposes of using QuickBooks online, Chrome® or Firefox® are the recommended browsers. Here is...Read More

1099 Processing

As business owners, we are required to file 1099 forms for vendors we’ve paid if the purchases and those who have been paid fall into certain categories.  These forms are due to the recipient by January 31, and to the IRS by February...Read More

Upcoming Tax and Filing Deadlines

As an entrepreneur, there are some upcoming tax and filing deadlines that you should be aware of to avoid failure to file or pay penalties.  Mark your calendar for those that apply to you. (more…)

Tips Versus Automatic Service Charges

The Internal Revenue Service passed a law in 2012 that takes effect January 1, 2014 that has an impact on businesses that charge automatic gratuities also described as service charges.  According to the regulation, service charges must be characterized as...Read More

Are Year-End Gifts and Bonuses Taxable?

Are you planning on giving your employee a year-end bonus or holiday gift?  Are you aware of the rules regarding the taxability of these items?  Make sure you are following the IRS guidelines regarding if tax must be withheld on...Read More