2021 Minimum Wage Increases + More
Info provided by the HR Pros @ Gusto & Homebase MINIMUM WAGES AND SALARIES “What’s changing? Twenty-five states are increasing their minimum wage rates in 2021. They are Alaska, Arizona, Arkansas, California,…
WHAT SHOULD YOU CONSIDER BEFORE DEPLOYING CAPITAL?
By Rick Faery,Global Head of Credit Suisse’s HOLT Corporate Advisory Group When it comes to deploying capital, conventional wisdom favors reinvesting in growth that generates a return in excess of…
Tax Checklist for Newlyweds!
A tax checklist for newly married couples from the IRS. Marriage changes a lot of things and taxes are on that list. Newlyweds should know how saying “I do” can…
The ABC’s of KPI’s
What is a KPI? Key Performance Indicators (KPI’s) are critical tools for monitoring the health and success of your business. KPI’s are used in order to reach your ultimate goals. At…
Can I just use my bank to track income and expenses?
Do you need basic income and expense tracking? You may not even need a bookkeeper. Many banks have developed very basic expense tracking and spending reports. For example, Wells Fargo,…
Estimated Taxes — Do I really need to pay? 😕
How do estimated taxes work? Taxes must be paid as you earn or receive income during the year, either through withholding or estimated tax payments. This applies mostly to people…
California Sales Tax Updates
We know times are crazy, but there are a lot of important updates for CA sales tax you need to know. Please read highlights from CDTFA below. Relief and Extensions…
5 Reasons you should hire your child.
Working moms and dads generally spend a significant amount of money on child care while they work/run their business. Why not be able to save additional money while trying to…
How to coach yourself through investing in a bear market (tips from Guidline)
Logistis’ #1 choice for retierment planing is Guideline. Guideline is on a mission to help every small business offer a 401(k). And to help participants create a retirement they can…
SBA Finally Clarifies PPP Loan Forgiveness Rules: Full Forgiveness For Self-Employed Borrowers
SBA Finally Clarifies PPP Loan Forgiveness Rules: Full Forgiveness For Self-Employed Borrowers We are reposting this Forbes atricle by Brian Thompson becasue he lays it out beautifuly. “If you’re a…
Lowdown On Qualified Business Income Deduction (QBID)
Lowdown On Qualified Business Income Deduction (QBID) Breif Summary of Qualified Business Income Deduction (QBID) Section 199A deduction (aka Qualified Business Income Deduction -or- QBID for short) is a significant…
PPPFA Updates
PPPFA Updates H.R.7010 – Paycheck Protection Program Flexibility Act of 2020Here are some highlights 1. Extension of “covered period” is now 24 weeks from the date of the loan’s origination,…
Best Practices for Digital Creative Agencies to Manage Ad Spends
Part of our job as accountants is to manage cash flow and make sure the best system of process (SOP’s) are in place to support a firms revenue growth. When…
3 Reasons Why You Want to Outsource Your Accounting Team
Have you been wondering if you really need a full-time “in-house” accounting staff? Perhaps it’s time to ask yourself if “in-house” is right for you. Here is why you can…
CARES Act – Paycheck Protection Program Calculator
Click here to copy the spreadsheet we are using for our clients to calculate forgiveness. Also, here is the AICPA Guidelines. Disclaimer: This sheet is for reference only and should…
TOP KPI’s FOR CREATIVE AGENCIES
Knowing what metrics to track for your industry is important. Here are some Key Performance Indicators (KPI) to help get you started. KPI Creatives Ask us anything!
The Ultimate Crisis Playbook
We have been listening and we are taking action! We have worked with other accountants, investors, coaches and more to create this “playbook.” The most important thing a firm can…
Crowdsourced List of PPP Lenders
Crowdsourced List of PPP Lenders Gusto “While some banks are accepting applications from their customers and/or non-customers today, other banks may delay accepting applications until Monday, April 6, or later.”…
Why You Need a Financial Advisor Even More in Uncertain Times
Logistis‘ wonderful CPA, Jeremy Niswonger to lay it down for you! We are living during a period of trying, uncertain times. The current outbreak of the Coronavirus disease (COVID-19), has had…
Save money with childcare.
Here is how you can save money by hiring childcare. Let’s face it, child care is expensive! So why not take advantage of your options to get the most out…
Our Pro-tips for a Smooth 1099 Filling
With the IRS’s 1099 deadline behind us, here is what you should be doing to ensure filling goes smoothly next year. As many designers learned in the closing of 2018,…
CA Minimum Wages & Employment Law Changes for 2019
Provided by Gusto As usual, the California legislature and various city councils had a busy year regulating the world’s fifth largest economy. Included below are both state and city minimum…
Highlights of New Workplace Laws For CA Business Owners
New Workplace Laws for California (Effective January 1st, 2019) Anti-Harassment Requirements Employers may need to expand their sexual-harassment-prevention training to comply with new standards. Brown signed SB 1343, which requires…
CA Employers: Be Prepared for These New Workplace Laws
https://www.shrm.org/resourcesandtools/legal-and-compliance/state-and-local-updates/pages/california-new-workplace-laws-2019.aspx California lawmakers considered a number of workplace-related bills this session addressing sexual-harassment prevention, lactation accommodations, pay equity and more. Gov. Jerry Brown had until the end of September to…
Designers: Need Tax Planning Advice?
Look no further, Peter Lang of Designer CPA specializes in tax filing and planning for interior designers Watch Peter Lang’s Webinar thru Ivy or watch his recent video clip on…
Sales Tax Changes Companies Must Know
https://www.accountingtoday.com/list/12-red-flags-that-can-trigger-an-irs-audit?mkt_tok=eyJpIjoiWVRVd1pEazBZV1V3TnpObCIsInQiOiJtWk44V29kYXZQUG1yckdZYkt1T1o1d2RrcDcyZ2FpN1pOVVlZVnFZYVAxNE1VazR2TW9yRkJoa21EV3V1TFRWeWhtSktXaVFTdUxBaHRFT1Q3QzVpWGptUXREVlpNMkppUXJTcDFqOVk0eVwvT3RRMDJHY0FnazdPRFdFbkFhK1gifQ%3D%3D “Online retailers need to be ready no matter how the Supreme Court decides South Dakota v. Wayfair. Sales tax collection is almost certainly in their future, whether this…
12 red flags that can trigger an IRS audit
https://www.accountingtoday.com/list/12-red-flags-that-can-trigger-an-irs-audit?mkt_tok=eyJpIjoiWVRVd1pEazBZV1V3TnpObCIsInQiOiJtWk44V29kYXZQUG1yckdZYkt1T1o1d2RrcDcyZ2FpN1pOVVlZVnFZYVAxNE1VazR2TW9yRkJoa21EV3V1TFRWeWhtSktXaVFTdUxBaHRFT1Q3QzVpWGptUXREVlpNMkppUXJTcDFqOVk0eVwvT3RRMDJHY0FnazdPRFdFbkFhK1gifQ%3D%3D
Gifts to Charity: Six Facts About Written Acknowledgements
“Taxpayers who make single donations of $250 or more to a charity must have one of the following: A separate acknowledgment from the organization for each donation of $250 or…