Employees VS Independent Contractors

Perhaps you have not thought about the differences between an independent contractor and an employee. Oftentimes, independent contractors and employees work in tandem with each other at the same company, doing alike tasks. The similarities stop there due to the very important legal gu

Tips for Internal Control for Your Business

Does your company apply the right internal controls? Are you separating your controls by authority, custody and record keeping?   Below are four great, simple internal control practices you can use to minimize risk in a cost-effective manner. These practices will establish an env

5 Things to Consider When Preparing Employee W-2’s

Year End W-2 Additions As the year is winding down, there are many items to be considered before filing W-2’s for the year. Below are some items that need to be considered before you or a payroll company prepares your W-2’s. Health Insurance All health insurance premiums p

5 Things Millennials Need to Know About Finances

According to surveys, only 24 percent of millennials demonstrate basic financial knowledge. There are many reasons for that lack of knowledge: Some of that information comes with life experience, and some of it is facts that would have traditionally been taught in a home economics or
Tax deduction

Relocating for Work? Don’t Forget the Moving Expense Tax Deduction

Did you know that if you move to take a new job, you can deduct most of the expenses on your tax return? This applies whether or not your employer is offering any relocation benefits. What Moves Count? There are three tests you must meet to be eligible to deduct moving expenses. Relat