Small Business

3 Misconceptions about Small Business Healthcare

Common myths about healthcare and some solutions that should help you to be a little more certain about your decisions.

2019 Minimum Wage Increases by State

Minimum wage is like the sun – it just keeps rising. Many cities, counties and states are yet again increasing the minimum wage. To better prepare you for 2019, below is a list of the states that will increase their minimum wage. Of course, we recommend that you check with your local jurisdiction before making any changes to your books because your city may follow different standards. Twenty one...

3 Payroll Mistakes you can Avoid in 2019

Everybody makes mistakes. But when it comes to payroll, mistakes can be detrimental. Many small business owners struggle with payroll due to the number of regulations and rules that apply. One of the scariest things about payroll mistakes is you may not even realize you have made one until the IRS smacks you in the face unexpectedly. To ensure 2019 is a year of little to no payroll mistakes,...

A Small Business Owner’s Overview of 401(k) Plans 

A Small Business Owner’s Overview of 401(k) Plans  Did you know that only half of all Americans are set up to meet their saving goals for retirement? As a small business owner, you may be thinking about the best way to save for retirement – and if you are not, you probably should be! Although many different retirement options are available, we will address 401(k) plans below. 401(k) plans...

How Should You Handle Bonus Pay?

When should you give it and how should you go about it? By Courtney Cosby Once your business is more firmly planted, you may start to wonder how to go about handling giving more money to your employees. One such way is to offer bonus pay. Bonus pay is money given to an employee beyond his or her existing base wage and is considered a type of supplemental wage....

5 Ways Outsourcing and Automation Can Improve Your Business

Are You Prepared to Compete in the 21st Century? Efficiency and specialization are the names of the game in the 21st-century economy, and outsourcing and automation are two of the biggest driving forces behind this revolution. Is your company taking advantage of its biggest opportunities for improvement? Here are 5 outsourcing and automation methods most organizations could be benefiting from. 1. Customer support. Offering personal support is crucial — which...

How to Prepare When Switching Payroll Providers


Before you switch, keep these things in mind to prepare. There may come a time when you feel the need to switch payroll providers. Perhaps your current provider is missing the mark or maybe their company is dissolving. Regardless of why you switch, be sure you are completely prepared to make the transition as seamless as possible. Things to Consider When Switching Payroll providers range in price. Before diving...

Do You Know About the Social Security Wage Base?

Determine if you are withholding as much as you should be and when to stop. Social Security tax is a tax that applies to both employees and employers. As an employer, you are required to withhold a certain percentage of each employee’s paycheck and to make a matching contribution. Social Security tax does not change each year (with a few exceptions). However, the case is not the same as...

4 Reasons You Should Not Handle Payroll Alone

A risk not worth taking. Payroll is a vital part of your business but handling it all by yourself could cost you more than you may expect. Here are some of the biggest reasons you should not process payroll solo. Payroll Rules in Different States If you have multiple locations across state lines, you may find yourself facing an in-house nightmare when it comes to payroll rules and trying...

Worker Classification: Consider All Aspects of Your Work Relationship

How to avoid the headaches associated with misclassifying your workers. The Department of Labor makes a big deal out of businesses who misclassify their workers, whether purposefully or accidentally. The IRS stands ready to penalize and fine those who do so. The act of misclassification can also result in a violation of workers’ compensation laws and a liability for unemployment taxes, along with many other issues. To help you...