Mon.Mar 01, 2021

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A Detailed Overview of Federal, State, and Local Minimum Wage Law

Patriot Software

True or false: As an employer, you can pay employees any amount you want. False. It’s 100% false. Why? Because of minimum wage law. But, what’s minimum wage? Depending on your business location, you might have differing federal, state, and local minimum wage rates. To ensure your business is compliant with labor laws, get to […] READ MORE.

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Good-Bye Dreary Winter…

Withum

Winter yields to cheery spring. About a month ago the longer days created a good feeling and in spite of the snow it really wasn’t a bad or overly cold winter and I realized that too.

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[Webinar] PPP Second Draw Program – Rules for Eligibility and Forgiveness

KROST

The PPP loan program is evolving fast with new rules on Second Draw applications, including a 2-week pause on companies with 20 or more employees and new calculations for sole proprietors. In addition, both the lenders and the SBA are reviewing, rejecting, and putting holds on many applications because of API errors, compliance failures, and First Draw Loan issues.

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Global Trade Technology Can Help Solve Brexit Supply Chains

ThomsonReuters

Less than a month after the UK completed its separation from the European Union, Britain’s five largest business groups warned the government that companies were facing substantial difficulties moving goods through UK ports. Indeed, trade compliance concerns persist that Brexit will adversely impact business performance in the coming months and years as a result of border and customs disputes, supply chain shortages and disruptions, shipping delays, and stoppages, increased import and export cos

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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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Client Accounting and Advisory Services: The Benefits of Outsourced Accounting vs. In-House

KROST

Our Principal, Stacey R. Korman, CPA, MST , earned a certificate in AICPA’s Client Accounting Advisory Services course. We had the chance to sit down with Stacey to hear her experience. Q: What is Client Accounting and Advisory Services (CAAS)? Client Accounting and Advisory Services (CAAS) is a certificate program that has been developed by the AICPA.

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Dreams of Being a Prison Warden…

FraudFiles

Hear the story of my dream of being a prison warden… that got derailed when I discovered financial investigations. And now I spend my days finding money as a forensic accountant! Listen to me on The 1958 Lawyer Podcast with Ron Backstahler and Kirsten Mayfield of Amata Law Office Suites. We also talk about how Encyclopedia Brown inspired me. And a bit about the work I do as a fraud investigator and the approach I take to my forensica ccounting engagements.

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Succession Planning

RitaKeller

“It does not do to leave a live dragon out of your calculations, if you live near one.” – J.R.R. Tolkien. There are many different ways to address succession planning and client transition. This topic is often discussed inside accounting firms. Some firms have elaborate and formal succession plans that are well-documented. I have observed that many firms, especially small to medium-size firms have not dedicated the time and effort to define a more formal plan.

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New York State Tax Updates

Withum

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Last Week in Payroll: In Like a Lion; Out Like a Lamb

ThomsonReuters

Remuneration is the money paid for work or a service. In ancient Egypt, workers were remunerated for their labor with beer and other necessary commodities (i.e., bread, meat, clothing, etc.) and payment was recorded on clay tablets. In the early 1900s, automobile engineer Henry Ford made headlines for paying remuneration at two times the going hourly wage at the time – $5 per hour – to many of his employees.

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Child Advocacy in Action

Withum

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Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

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Revenue Recognition Rules Impact: How Unions Treat Initiation Fees

Withum

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Supply Chains – A Year And a Half Of Chaos And Still Going

Withum

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Jay Shepulski Named Among NJBIZ 2021 Leaders in Finance

Withum

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On-Demand Webinar: Introduction to Financial and Legal Hurdles of the Cannabis Industry

Withum

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How Automation is Driving Efficiency Through the Last Mile of Reporting

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of