by Candy | Oct 7, 2014 | Business, Community, News
In an effort to improve living standards in Los Angeles Mayor Garcetti has proposed a plan, known as Raise the Wage, which will attempt to reduce the population living in poverty. This goal would be reached in two steps. The first step in Garcetti’s plan is to raise...
by Candy | Oct 3, 2014 | News
Recently I connected with an organization that collaborates with business owners to provide new business start-up incubation, corporate sponsorship development and vocational training environments for empowerment of at-risk youth and the urban poor. One of the...
by Candy | Sep 29, 2014 | News, Payroll
Governor Jerry Brown recently signed new legislation (AB1522) taking effect July 1, 2015, that requires almost all public- and private-sector employers to give almost all workers in California at least three paid sick days per year. Even if you currently have a sick...
by Candy | Sep 23, 2014 | News
The California Chamber of Commerce is urging all businesses to send a letter to Governor Edmund G. Brown Jr. asking that he veto AB 1897, a “job killer” bill that imposes new liabilities on innocent businesses. “AB 1897 would expose virtually every employer in the...
by Candy | Sep 16, 2014 | Bookkeeping, News
In the last two posts, Understanding Assets on the Balance Sheet and Understanding Liabilities and Equity on the Balance Sheet, I explained the different types of accounts that appear on the Balance Sheet. This report shows the health of the business at a single...
by Candy | Sep 12, 2014 | Bookkeeping, News
In my last post, Understanding Assets on the Balance Sheet, I discussed the different types of asset accounts. Today I’ll give information on the remaining accounts that appear on the balance sheet: Liabilities and Equity. Liabilities – An obligation of an...