Business Owner

Spring Forward! Finally!

After a challenging winter it is always nice to know that more sunlight and longer days are on the horizon. We work in an industry that doesn’t allow for snow days or time off because of power outages in our homes. Compared to last winter, this one wasn’t so bad. We work a lot of hours in January to prepare our clients’ year end tax statements. And that time...

7.5 minutes a week can save your company

If you are letting your staff pay themselves and  handle all pay raises, as well as handle all bonuses for your company for years on end they are going to overpay themselves and possibly others. The business owner must review payroll data periodically but on a per pay basis would be preferable. To review payroll doesn’t mean run the math on the gross to net , to verify health...

What do you do with uncashed paychecks?

A client asked me recently if I get to keep all of the uncashed payroll checks of my staff and my clients. He said, “I would think that would be a nice bonus for a payroll company every year”. No, I don’t get to keep the money and neither does the business owner. Do you recall the ads that say old bank accounts found!, uncashed paychecks found! and state websites advertising...

What exactly is COBRA?

I hear a lot of talk on the news about COBRA. What it means to small businesses and the new COBRA act. But I venture to guess that if you are not a business owner, a benefits administrator or someone who has lost their job you have very little idea as to what COBRA is.