by Candy | Jan 18, 2019 | Business
Everyone’s heard of paid vacation time, but it turns out there are a lot more than one type of Paid Time Off (PTO) an employer can offer their employees. While the type, length, and pay varies with state laws and circumstances, PTO is unanimously seen as a great way...
by Candy | Jan 15, 2019 | Business, Taxes
With the new year fast approaching, the IRS has been steadily putting out notices this month announcing the kind of changes we can expect for the 2019 tax year. And the latest, detailing the new standard mileage rate and the situations in which the deduction may be...
by Candy | Jan 11, 2019 | Business, Taxes
The numbers are out for 2019’s first quarter, that begins on January 1st, and the IRS has reported a rise in interest rates. As detailed by the tax service, the new rates will be: • 6% for overpayments, or 5% if a corporation; • 3.5% for any corporate overpayment that...
by Candy | Jan 8, 2019 | Business, Sales Tax, Uncategorized
Wayfair v. South Dakota changed a lot regarding sales tax and online stores, and true to many predictions, California is now leading the charge by introducing a new state law requiring out-of-state sellers to pay sales tax, come April 2019. The first sales tax law to...
by Candy | Jan 4, 2019 | Business
It’s no secret that fraud within a business can be financially costly. According to a study done by the Report to the Nations (ACFE), over 89% of fraud within a business is asset misappropriation, while the average loss totals at $114,000. That amount in itself can...
by Candy | Jan 2, 2019 | Payroll
January 1, 2019 will bring about another minimum wage increase. CA’s change is due to Law SB3 which increases the minimum wage to $15.00 per hour for large employers by the year 2022. Firms with 25 or fewer employees must meet this minimum pay rate by 2023....
by Candy | Dec 28, 2018 | Business
If your employer offers a Flexible Spending Account (FSA) where you work, time’s running out to secure yours for 2019, and it may be time to decide how much you’d like to contribute. Used to pay medical expenses otherwise not covered by health plans, FSAs help both...
by Candy | Dec 26, 2018 | Business
Ever since President Trump was elected into office, anti immigration laws have been a top priority for many in the Administration. In 2018 alone, an average of 4,000 illegal aliens are arrested each month by ICE. Seeking to eliminate the popular promise of employment...
by Candy | Dec 21, 2018 | Sales Tax
We’ve covered a lot about sales tax lately – from when to pay, what to avoid, and even how to collect in a festival setting. But what about the logistics of registering, and who exactly has to pay the sales tax? This article should hold the answers, with three crucial...
by Candy | Dec 18, 2018 | Taxes
It’s no secret the IRS has few tax deductions for medical expenses available.For starters, any taxpayer who files under the standard deduction can’t claim any medical tax savings at all, while those who itemize their returns under Form 1040’s Schedule A have their own...
