Direct deposit is one of the most useful and convenient ways to pay employees. In honor of Direct Deposit Month, here are some reasons why offering the service to employees may be a smart decision for your business as well.
According to small business expert Gene Marks, there is no question that employment costs have increased and could continue to increase in the coming years. Will either presidential candidate reverse the trend, or will these costs continue to rise?
As some states have begun implementing their own programs, we wanted to know: What do small business owners think about paid family leave programs? The following infographic breaks down the findings from our research.
Restaurant payroll can be complicated given the variety of payment methods workers may receive. Let’s explore how minimum wage requirements, overtime rules, tip credit, and tip reporting can all affect wage payment for restaurant workers.
There are two primary accounting methods used by businesses in recording and reporting financial transactions: cash-basis accounting and accrual-basis accounting. The difference between the two determines when income and expenses are recorded, which can have an effect on profit and loss, as well as income taxes.
The Tipped Wage Workers Fairness Amendment Act mandates that all businesses who employ tipped wage workers in Washington, D.C., must comply with a series of requirements in order to maintain the tip credit.
A week after a federal court in Texas struck down an Obama-era rule that would have expanded overtime pay eligibility, the Justice Department formally ended attempts to expand the Federal Overtime Rule. On Oct. 30, the DOL announced plans to repeal this decision. Read on to learn what this means for businesses.