10 Qualifying Types of Paid Time Off

10 Qualifying Types of Paid Time Off

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...
New 2019 Standard Mileage Rate and Conditions

New 2019 Standard Mileage Rate and Conditions

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...
The Updated IRS Interest Rates for 2019

The Updated IRS Interest Rates for 2019

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...
California Instates New Sales Tax Law

California Instates New Sales Tax Law

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...
The Cost of Fraud

The Cost of Fraud

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...
Minimum Wage Increase January 2019

Minimum Wage Increase January 2019

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....
Why I-9s Are More Imperative Than Ever

Why I-9s Are More Imperative Than Ever

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...
Crucial Sales Tax Considerations

Crucial Sales Tax Considerations

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...
How to Get More Tax Savings for Your Medical Expenses

How to Get More Tax Savings for Your Medical Expenses

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...

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