Beware: Tax Penalties & Fees

Let’s face it, companies can get overwhelmed with the day-to-day business functions and forget to complete tasks such as remitting payment for payroll taxes. These things happen and payments can be made late, but it is important to stay on top of your company’s taxes to ensure larger consequences do not arise. A recent article published…

Prepared for a disaster? Hurricane season is here.

Hurricane season has officially begun. The hazardous weather conditions will remain prevalent until November 30th. According to an interview with Federal Emergency Management Agency (FEMA), “Small businesses that don’t have a plan in place generally don’t survive after a disaster, whether it’s a flood or a tornado. We see that anywhere from 40-60 percent of those…

Updated COBRA Notices Highlight ACA Coverage

Workers eligible for COBRA continuation coverage when leaving a job may now choose to purchase coverage through the Affordable Care Act’s (ACA) Health Insurance Marketplace. To ensure workers are aware of these changes, the Department of Labor (DOL) has released new forms with updated language. The Department of Health and Human Services (HHS) was concerned…

Best Resources for Your Small Business

Small business owners have a lot on their plate. They must balance the major business functions while maintaining their niche within the industry. A Forbes survey found there are 28 million small businesses within the US, and they employ 50% of the population. In honor of National Small Business Week, here are a few beneficial resources to…

Paper Checks Extinct by 2026?

The first known payment by paper check occurred in the early eleventh century when an Iranian traveler visited the city of Basra and gave a merchant written instruction ordering his bank to make a payment from his account. While the U.S. economy continues to rely on checks as a form of payment , that reliance…