1099 Requirements for Vendors: What Employers Need to Know
The International Revenue Service (IRS) requires businesses to use Form 1099-NEC to report payments made to freelancers, independent contractors, self-employed individuals, and sole proprietors. If you’re a business…
When Can a Business Incur an Expense, and How to Track It?
Expenses are something every small business owner encounters regardless of what type of company they run. It can be challenging for small businesses to stay on…
9 Signs Your Business Needs to Invest in Outsourced Bookkeeping
Not being able to cover your business expenses at the end of the month is a terrible feeling. Despite the busy month you had, your books…
9 Qualities to Look for in Outsourced Payroll Providers
It only takes one shortcoming to derail a company’s progress. This often includes market research or employee morale, but it can also involve how you manage your…
9 Reasons to Invest in Outsourced Bookkeeping Services
Imagine having the ability to work when and where you want. For many business owners, this is a genuine possibility. However, this doesn’t come without a…
A Payroll Discrepancy: How to Avoid Making Mistakes With Payroll
Ideally, a business would run itself. You wouldn’t have to worry about anything except reaching your target revenue goals and paying your employees. The reality is…
Who Should Be Responsible for Your Company’s Payroll?
On average, a single payroll error can cost your company a staggering $291. Such mistakes, often overlooked, spotlight a critical question every business leader must address: who…
The Different Types of Bookkeeping Services for Your Business
Are you behind on your accounting? Are you struggling to get payments to your employees on time? If so, bookkeeping services could be of great benefit to you.…
How Does the Payroll Process Work?
Payroll may seem mundane to run a business, but it’s incredibly important for employees and employers. In a world where 93% of employees are paid through direct deposit, it’s also…
How to Choose the Right Bookkeeping Service for Your Small Business
There are approximately 316,000 payroll and bookkeeping services in the United States, highlighting the importance of the industry within our economy. Bookkeeping involves keeping track of financial records, managing invoices, and…
