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,…
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…
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…
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…
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,…
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…
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…
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…
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 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) 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 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,…
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…
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…
This is why we will survive this crisis! Heart-to-Heart This is my first entry for a blog series, and as my grandpa used to day, I’m coming at your from…
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…
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!
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 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.”…
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…
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…
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,…
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…
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…
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…
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…
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…
“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…