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Payroll errors and how to avoid them

ThomsonReuters

For business owners, payroll is complex and often their greatest expense. For accounting professionals, payroll services have long been viewed as a time-consuming, high-risk loss leader. Payroll errors are certainly a real concern, but with the right tools and resources in place, payroll services can be a growth opportunity for firms.

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Payroll trends to watch in 2022 (Part 2)

ThomsonReuters

Part 2 of this blogpost explains how prevalent payroll is in our daily lives with a focus on key issues in 2022, including unemployment, disaster relief, paid sick leave, and international. The Payroll Guide for Checkpoint Edge has detailed information on unemployment for each state, the District of Columbia, and territories like the U.S.

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How Layoffs Affect Your Tech Company’s Books and Payroll

Shay CPA

And, of course, you can’t forget about how your layoffs impact your books and payroll. While most employers took a gracious break during the holiday season, layoffs picked right back up with the new year. TechCrunch reports that so far this year, more than 120,000 tech employees have been laid off. Is your head spinning yet?

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Director Discusses Several Considerations Involved When Taking A Business Global

ThomsonReuters

For one, there are brand new markets to help generate additional revenue streams and more business growth opportunities. For example, there may be high start-up costs for opening up shop in new countries. ”It’s not an easy thing to accomplish, but something to be mindful of as you are looking to hire across the world.”

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Last Week in Payroll: Keeping Up with Taxes

ThomsonReuters

The legislation levied a direct tax on the American Colonies in an effort to pay off debts and defend new American territories won from the French in the Seven Years’ War. For payroll, in particular, there are a number of taxes. What are the due dates? What is the penalty if the filings or payments might be late?

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Spotlighting Women in Advisory Practice: “Create a culture where everyone is happy,” says Alicia Shaul, CPA firm entrepreneur

ThomsonReuters

No matter what the culture of the firm is, you will be successful, the professor said. Clients were now offered bundled service packages which included quarterly or monthly financial statements and applicable payroll services. Most of her clients saw the value in the new approach and were willing to shift to a subscription model.

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Meet our new US Xero Partner Advisory Council members

Xero

We have the pleasure of welcoming six new members to our US Xero Partner Advisory Council (XPAC). He chose the accounting field because it’s consistent and concrete, and loves helping hundreds of businesses improve their accounting, reporting and technology systems.

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