Helpful Business Tips

Even as stay-at-home orders and restrictions are lifted, daily operations won’t be business-as-usual for many across the country. The coronavirus (COVID-19) pandemic is still going on, despite businesses reopening. Moreover, public health officials and experts are warning of a more devastating second wave of COVID-19 cases. The 2nd wave of COVID-19  cases is drastically worse than the initial coronavirus outbreak. As such, businesses across the country should start planning today so they’re properly prepared to mitigate damage caused by the second wave…

Like many businesses, you may be feeling the financial crunch these days and be tempted to use the money you deduct for taxes and retirement plan contributions from employees’ wages. Failing to remit payroll taxes and retirement plan contributions in a timely manner is not only a violation of an employer’s legal obligation, but it can also subject your company to heavy penalties. When employers deduct income and Social Security taxes from employees’ wages, the money is not theirs to use, even…