Author Archives : Lauren McAllister

Signs That Your Small Business Is Ready to Outsource Payroll

On October 12, 2016, Posted by , In Payroll Services, By ,,,, , With Comments Off on Signs That Your Small Business Is Ready to Outsource Payroll

Processing payroll is simple when you first open your business and your only employee is yourself. However, as you add employees payroll can become a complex and tricky situation. Small businesses can find in-house processing to be an overwhelming and dreaded chore. Not only is there the pressure to pay…

How Will the New Overtime Rule Impact Your Small Business?

On September 28, 2016, Posted by , In News, With Comments Off on How Will the New Overtime Rule Impact Your Small Business?

On May 18th the U.S. Department of Labor announced it would expand overtime to an estimated 4.2 million workers. The new rule will cover workers making less than $47,476 per year, and remove previous exemptions in the law. Set to take effect on December 1st, 2016, the new law will change…

Balance Sheet vs P&L – What’s The Difference?

On July 28, 2016, Posted by , In Bookkeeping, By ,, , With Comments Off on Balance Sheet vs P&L – What’s The Difference?

Balance sheets and income statements (P&L’s) are the two most important reports business owners need to run their business efficiently. These reports aid in measuring the performance and financial health of the company, and it is vital that these reports are accurate when making certain decisions. While both statements are…

How Much Should a Small Business Owner Pay Him/Herself?

On July 21, 2016, Posted by , In Bookkeeping, By ,, , With Comments Off on How Much Should a Small Business Owner Pay Him/Herself?

For most small business owners, their own salary is one of the easiest expenses to overlook, with only about 51% actually getting paid. If you’ve started a small business, it is important for you to know that your time is valuable, but it will come with many questions. When should you start paying yourself? What do…

FAQ About Outsourcing Your Bookkeeping to The BOSS

On July 14, 2016, Posted by , In Bookkeeping, By ,, , With Comments Off on FAQ About Outsourcing Your Bookkeeping to The BOSS

The day-to-day details of running a business can leave you little time for finding the help that can make your job easier. That’s why you need BOSS – Business Operations, Services and Solutions. The BOSS team provides value-based accounting and strategic planning services to local businesses. We support you by…

Meals and Entertainment: What’s Deductible, and What Isn’t.

On June 30, 2016, Posted by , In Bookkeeping, By ,, , With Comments Off on Meals and Entertainment: What’s Deductible, and What Isn’t.

Just because there is a line item for meals and entertainment, certainly does not mean every dinner or theater ticket is a valid deduction. Although there is a range of expenses that could fall under this category, there are a few rules when it comes to the IRS seeing these…

A New Hire Checklist to Perfect Your Hiring Process

On May 26, 2016, Posted by , In Payroll Services, By ,, , With Comments Off on A New Hire Checklist to Perfect Your Hiring Process

One of the most difficult parts of hiring a new employee is finding the time to get it done. Writing job descriptions, posting ads, reviewing resumes, interviewing, and finally bringing an individual on board all while remaining compliant with various laws can be a job all on its own. Hiring…

What Is the Cost of Small Business Payroll?

On May 19, 2016, Posted by , In Payroll Services, By ,, , With Comments Off on What Is the Cost of Small Business Payroll?

When you evaluate payroll services, the numerous options can be a bit overwhelming. Ultimately, what you pay will depend on your company’s needs. Here are the most typical services and fees associated with the cost of payroll, and what to expect from your payroll provider. Common factors that affect payroll…

What Will My New Payroll Provider Need?

On May 11, 2016, Posted by , In Payroll Services, By ,, , With Comments Off on What Will My New Payroll Provider Need?

Starting with a new payroll service can be unnerving. You may have several questions about what information the company will need, and being prepared can only simplify the process. If you are a new business who hasn’t processed payroll before, enrollment will be easier because you will have no prior…

What to Know About Payroll Taxes

On May 4, 2016, Posted by , In Payroll Services, By ,, , With Comments Off on What to Know About Payroll Taxes

If you are hiring an employee for the first time, you will quickly discover that it is a long process- and we aren’t just talking about interviews. Payroll is often times tedious, time consuming, and just plain confusing. Luckily, we have the answers to some of the most commonly asked…