Wed.Aug 04, 2021

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Prevent Conflicts of Interest from Costing Your Business

RogerRossmeisl

Without trust between you and your employees, your business probably wouldn’t be very successful. Delegating responsibility, sharing ideas, working as a team — all require a certain level of trust. However, too much trust can lead to occupational fraud and conflicts of interest. To maintain the proper balance, establish a policy that outlines your disclosure expectations and require employees to follow it.

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A Financial Systems Check-Up For Your Skagit County  Business

SkagitCountyTaxServices

Your Skagit County business obviously makes and spends money. The pluses and minuses add up (you hope) to being able to stay in business, and a look at the books tells you if your Skagit County business is doing okay or headed for trouble. What are your books telling YOU? In our experience, it’s often the company’s financial system (or lack thereof) that makes the answer easy to discover or downright difficult.

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Who in your Business Can Be Hit with the “Trust Fund Recovery Penalty”?

RogerRossmeisl

There’s a harsh tax penalty that you could be at risk for paying personally if you own or manage a business with employees. It’s called the “Trust Fund Recovery Penalty” and it applies to the Social Security and income taxes required to be withheld by a business from its employees’ wages. Because taxes are considered property of the government, the employer holds them in “trust” on the government’s behalf until they’re paid over.

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How to Fix a Bad Credit Score Fast and For Free

LyfeAccounting

In just a moment, we’re going to show you a reliable set of steps to fix bad credit fast. . This post is for you if you have no credit, bad credit, or just want to boost your scores as high as humanly possible. Probably similar to you, most parents never told their kids about the importance of good credit or what it takes to boost your credit score… …and the truth is that, having bad credit is downright expensive. .

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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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COVID Policies

RitaKeller

“Honesty is the best policy.” – Benjamin Franklin. Because of the COVID-19 variant some firms are revising or reinstating their COVID policies. One member of the CPAFMA (CPA Firm Management Association) was kind enough to share their firm’s policy that was reinstated last week and allowed me to share it here. Samples like this are so helpful to other firms who may want to copy them or use them to develop their own guidelines.

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Oregon State Tax Updates

Withum

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