The Family and Medical Leave Act was designed to help your employees take the time necessary for qualifying medical and family reasons. Click through to see how FMLA affects your business and how to implement best practices. https://www.irstaxconsultant.com/content_library.htm?id=3TIUFEVM&cat=xshau4dd
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Family and Medical Leave Act: How It Works
Every interaction with your customers can enhance your image. Here’s how QuickBooks Online contributes to that.
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Could Your Sales Invoices Be Better? How QuickBooks Online Can Help.
Stay-at-home orders across the U.S. have paused revenue streams for 30 million small businesses, resulting in massive employee-layoffs during the COVID-19 crisis. The Small Business Administration (SBA) is stepping up with additional assistance for these small companies and their employees in the form of a forgivable loan of up to $10 million each to cover payroll and other costs. https://www.irstaxconsultant.com/content_library.htm?id=58TEKQNY&cat=EMVZQYH7
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Paycheck Protection Program (PPP) Loans Poised to Pump $349 Billion into Small Business
It isn't easy deciding whether a worker should be treated as an employee or an independent contractor. But the IRS looks at the distinction closely. https://www.irstaxconsultant.com/content_library.htm?id=KV3T9GBV&cat=xshau4dd
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Worker Classification: Pay Attention
A major deal was struck by the White House and Senate leaders on March 25 for a $2 trillion package that will provide relief to the economy in the midst of the coronavirus pandemic. It is the biggest relief package in American history. https://www.irstaxconsultant.com/content_library.htm?id=GSM7G8QD&cat=EMVZQYH7
Any business with employees must withhold money from its employees' paychecks for income and employment taxes, including Social Security and Medicare taxes (known as Federal Insurance Contributions Act taxes, or FICA), and forward that money to the government. A business that knowingly or unknowingly fails to remit these withheld taxes in a timely manner will find itself in trouble with the IRS. https://www.irstaxconsultant.com/content_library.htm?id=PF09JFIE&cat=xshau4dd
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Payroll Taxes: Who's Responsible?