What to Know About Payroll: Have a Look for National Payroll Week
National Payroll Week runs this year from September 7-11. As PayrollOrg has said, it’s a chance to celebrate America’s employees and the payroll professionals who pay them. A long history There are a lot of fun facts about payroll we bet you didn’t know. Here are a few of them: The concept of payroll goes… View Article Read Entire Article
Is a Donor-Advised Fund Right for You?
Donor-advised funds are a popular way to support eligible nonprofits while benefiting from charitable tax deductions. With a DAF, you can generally claim a deduction when you contribute to it and recommend grants to charities over time, often in a later tax year. This flexibility has contributed to the growth of DAFs in recent years…. View Article Read Entire Article
IRS Makes Rare Midyear Change to Mileage Rates
In Announcement 2026-11, the IRS has announced that starting July 1, 2026, the revised standard mileage rates are: (1) Business: 76 cents per mile (up from 72.5 cents per mile) (2) Medical and moving: 23.5 cents per mile (up from 20.5 cents per mile) The mileage rate that applies to the deduction for charitable contributions… View Article Read Entire Article
Understanding the Difference Between Employees and Contractors
Many employers hope for a single factor or an easy checklist to help them decide whether a worker is an employee or an independent contractor. The reality is more complicated. At the federal level, the IRS evaluates whether the business has the right to direct and control how the worker performs services, even if that… View Article Read Entire Article
Nonprofit Organizations: The Various Flavors
When you apply at the IRS to become eligible as a nonprofit that doesn’t need to pay taxes, there are several important aspects to keep in mind. Although most types of nonprofits are not necessarily required to pay taxes, there are many exceptions, and it ultimately depends on the specific circumstances involved and on your… View Article Read Entire Article
Trying to Search in QuickBooks Online
You can easily find answers to just about any topic by searching on the Internet. But when it comes to searching for details in QuickBooks Online, it may take more than a few simple clicks. Following are some tips to learn the easiest way to locate what you need. QuickBooks Online When using the Search… View Article Read Entire Article
Worried About an Upcoming Financial Statement Audit?
A third party may require a successful and growing small business to have any audit. What they really want is assurance that the financial statements provided by your business are reasonably accurate and free of any major oversight or material errors. This assurance generally comes in the form of audited financial statements. What You Need… View Article Read Entire Article
Money Market vs. High-Yield Savings Accounts
There are differences between Money Market and High-Yield savings accounts. Learn how they differ and which ones might be right for you.
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How Small Businesses Can Prepare for Cyberattacks
There are measures that can and must be taken to strengthen your small business's cybersecurity. Implementing multifactor authentication on all accounts, enforcing strong passwords, automating software updates and regularly backing up sensitive data are a few of the steps necessary to prioritize your company's protection.
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