CPA Practice

OCTOBER 17, 2023

Retail sales continued to grow in September even as consumers faced continuing economic pressures, according to the National Retail Federation. Retailers have been hard at work getting holiday inventories in place to provide consumers with great products, competitive prices and convenience at every opportunity.” “The

Sales 106

Sales Retail Sports payroll 106

Xero

JUNE 8, 2023

And with a new financial year around the corner, it’s no surprise that retailers are cleaning house in preparation. Hire a tax pro to save yourself time and money Every small business owner needs a helping hand at tax time – especially retailers – who are notorious for wearing many hats. Looking for more year-end tips?

Retail 92

Retail Tax bookkeeping payroll 92

MyIRSRelief

APRIL 22, 2024

Navigating tax issues can be daunting, especially when facing audits, unpaid taxes, or payroll problems. What Help is Available for 941 Employment Payroll Problems in Corona, CA? Problems with payroll taxes are serious and require immediate attention. Hire a Payroll Specialist: Ensure ongoing compliance and proper filing.

Tax 130

Tax payroll tax tax return payroll 130

PYMNTS

NOVEMBER 25, 2020

Paychex On Meeting Faster Payments Expectations With Real-Time Payroll Solutions. Employers and workers alike are looking to better manage their finances during the pandemic, but traditional payroll cycles are making it harder for both parties to do so.

payroll 104

payroll Finance Retail Technology 104

Basis 365

JUNE 10, 2022

Once you have the basics down, you can manage payroll like a pro. We've put together a list of common mistakes that companies make when they start to pay their payroll. Payroll Taxes: Pay Attention Paying taxes will vary depending on where you live. Payroll is the most significant expense for most businesses each month.

payroll 52

payroll income tax payroll tax Tax 52

CPA Practice

SEPTEMBER 28, 2023

As incidents of retail crime continue to escalate throughout the country, retailers have seen a dramatic jump in financial losses associated with theft. When taken as a percentage of total retail sales in 2022, “retail shrink” accounted for $112.1 Shrink percentages can vary significantly by retail sector.

Retail 59

Retail New York payroll Sales 59

PYMNTS

APRIL 10, 2017

Changing eCommerce and technological shifts in the retail space are now impacting payrolls. ECommerce and technology have absolutely changed the rules of the game and given massive amounts of power to the consumer,” Simeon Siegel, retail analyst for Nomura, told the NYT. According to a new report from the U.S.

payroll 40

payroll Retail New York Gaming 40

PYMNTS

MARCH 5, 2020

based firm known for HR and payroll software, according to a press release. Both of those acquisitions, the release states, will allow Access Group to support businesses of any size with needs for HR and payroll-related issues. It covers people management, payroll, workforce management, recruitment, talent management and more.

payroll 56

payroll Hospitality Manufacturing Education 56

PYMNTS

FEBRUARY 27, 2020

Redesigning Payroll For The Fast-Paced, On-The-Go Lives Of Gen Z. Employers are discovering that a sizable portion of Gen Z job seekers would turn down an offer that did not come with the payroll options they prefer. Deep Dive: The Staffing Agency Case For Payroll Cards. To read the full Feature Story, download the Tracker.

payroll 56

payroll B2B Government Start-ups 56

Patriot Software

OCTOBER 20, 2022

You might have decked your office or retail space with festive decorations to show holiday spirit to customers. It’s the holiday season. Depending on your business, you might be in the midst of holiday sales and special offers. But, what about your employees? You want to show them some holiday cheer, too.

payroll 95

payroll Retail Sales 95

PYMNTS

SEPTEMBER 21, 2020

Recent PYMNTS data show that 42 percent of Main Street small and medium-sized businesses (SMBs) have reduced payroll to help mitigate the financial impact of the pandemic. The payroll reductions — whether by cutting staff or paying people less — have increased. What will the 42 percent solution be?

payroll 61

payroll Maine Sales Retail 61

PYMNTS

MARCH 2, 2020

Retailers often need additional coverage during peak holiday shopping periods, hospitals may need substitutes for nurses on paternity leave and construction companies might need to increase staff for sizable projects. Employees’ Payroll Card Opinions. The number of activated payroll cards in the U.S. rose from 3.1

payroll 52

payroll Entertainment Hospitality Construction 52

CPA Practice

OCTOBER 6, 2023

Nonfarm payrolls gained 187,000 jobs in August, up from 157,000 in July but far below the average monthly gain of 271,000 over the past year. As the leading authority and voice for the retail industry, NRF analyzes economic conditions affecting the industry through reports such as the Monthly Economic Review.

Retail 52

Retail Michigan payroll Government 52

PYMNTS

DECEMBER 20, 2019

Payroll and insurance are two areas in which technology startups have brought disruption to the fold, but challenges in these markets are rarely tackled simultaneously. Each month, businesses must report payroll data to workers’ comp insurance carriers in order to accurately calculate premiums and make insurance payments.

payroll 52

payroll Construction audit Technology 52

Withum

APRIL 2, 2021

Strong internal controls are an important component in helping Retail Store Businesses reduce possible fraud usually caused by employee theft and customer shoplifting. Visit the retail store(s) unannounced. Smaller businesses are especially susceptible to have higher shrinkage than larger companies. OWNER/ STORE MANAGER.

Retail 94

Retail general ledger accounts payable payroll 94

PYMNTS

SEPTEMBER 16, 2020

Square Launches On Demand Payroll. 15) announced the launch of “On-Demand Pay,” to give workers faster access to their wages, and “Instant Payments,” letting employers fund payroll in close to real time. The alleged cybercriminals made the online purchases while the same sum was then credited to their gambling account.

payroll 71

payroll Gambling Retail Account 71

PYMNTS

JULY 17, 2020

retail and economic recovery is still facing serious headwinds. retail sales, which exceeded forecasts in June. Retail spending increased 7.5 What was not clear was the effect stimulus funds made on retail spend. But the May and June spikes returned retail sales levels to pre-pandemic numbers. percent hit.

Retail 63

Retail Washington payroll Sales 63

PYMNTS

JUNE 23, 2020

Some of the largest online and brick-and-mortar retailers in the United States have spent more than $7 billion for everything from Plexiglas partitions and face masks to extra pay since the coronavirus crisis hit in March. Testing alone will cost the company $300 billion in the second quarter, and $1 billion during 2020.

Retail 56

Retail payroll 56

PYMNTS

MARCH 30, 2020

There’s $454 billion earmarked for retailers in the vast series of COVID-19 relief legislation passed last week. But none of it will arrive in time for the April rent and lease deadline staring retailers right in the bank account come Wednesday. The size of the loans would equal 250 percent of an employer’s average monthly payroll.

Retail 52

Retail payroll Healthcare Washington 52

PYMNTS

JUNE 5, 2019

Cards (as in prepaid, stored-value cards that consumers can use for gambling, payroll and a variety of other uses, many of them novel) are only half the battle. Payroll Card Evolution. Take payroll cards. Mobile has changed the payroll game — and, with it, consumer expectations for how it should work.

Gambling 63

Gambling payroll accounting and finance Finance 63

Xero

MAY 1, 2023

The complexity of payroll obligations makes this even more of a burden. Integrate with Xero Payroll Planday on its own is a great tool for small businesses. But when combined with accounting and payroll software, it becomes a powerful solution. Planday is currently billed separately to Xero Payroll.

payroll 91

payroll Hospitality Healthcare Start-ups 91

CPA Practice

APRIL 17, 2023

While the simplest of retailers can still get by using state websites, those with even a few sales outside of their home jurisdiction can quickly find themselves in murky waters. About 40% of our 5,000+ voters cited use of such systems, but most (apx.

quickbooks 130

quickbooks payroll Technology audit 130

PYMNTS

AUGUST 13, 2020

Retail has been among the sectors most dramatically impacted by the pandemic, though it’s impossible to paint the industry with a broad brush. With widespread furloughs and a growing wave of bankruptcies , many retailers were hit hard. “Flexibility and agility are the common factors among the retail winners,” said Orr. .

payroll 111

payroll Retail Legal Gaming 111

PYMNTS

SEPTEMBER 16, 2020

retail chain New Look made headlines this week for striking a deal to effectively receive a three-year rent holiday on 68 of its stores and massive rent reductions on more than 400 others. Commercial landlords finally got some good news in July as rent collections for retail properties increased by double digits compared to May and June.

Retail 81

Retail payroll Start-ups 81

PYMNTS

MARCH 6, 2020

That’s the case with the new employment report from the Bureau of Labor Statistics, which showed that retail jobs held steady between January and February. Manufacturing, mining, wholesale and retail trade, and transportation and warehousing saw little change in employment for the month, the BLS said. Payroll services firm ADP Inc.

Retail 60

Retail Ohio Non-Profits Manufacturing 60

xendoo

MAY 16, 2021

As you look to grow your retail business and ensure you can maintain long-term stability, you will need to create and follow a retail budget. A small retailer might face anything from windows suddenly covered in graffiti overnight to a global pandemic that forces them to temporarily close their doors. Facility Costs.

Retail 52

Retail bookkeeping payroll tax quickbooks 52

PYMNTS

NOVEMBER 24, 2020

But top industry experts told Karen Webster during PYMNTS’ latest “On The Agenda” panel that the hurdles for retailers are only beginning. He said the shipping infrastructure nearly buckled earlier this year, and retailers are now being highly conservative when it comes to managing deliveries. “We Stay Flexible .

Retail 100

Retail Start-ups payroll Education 100

PYMNTS

NOVEMBER 18, 2020

The economic downturn caused by the COVID-19 pandemic has made it even more important that firms deliver payroll quickly, as employees are facing greater financial strains that may make them more eager for prompt salary disbursements. How Mobile Apps Are Easing Retail Payments In India. Around The World Of Smarter Payments.

payroll 88

payroll accounts payable Retail Account 88

PYMNTS

MARCH 13, 2018

But Uphold, in its newly announced partnership with cryptocurrency payroll firm Bitwage and Dash (a blockchain-powered cryptocurrency), is committed to making that wage movement easier – both for the employer and the worker. A Natural Evolution. The Wider World of Application.

payroll 47

payroll Start-ups Government Gaming 47

CPA Practice

MARCH 26, 2024

Lorquet, who attended high school in Miami Springs but did not graduate, submitted an online Paycheck Protection Program loan application on June 3, 2020, for Miami ENT to BlueVine, a California loan processor, claiming he had 10 employees and an average monthly payroll of $86,258. It took only two days for him to receive the funds.

Real Estate 124

Real Estate Florida payroll Government 124

CPA Practice

APRIL 19, 2023

The week in which the survey data was collected for the March report was before Silicon Valley Bank and Signature Bank failed, so it’s possible the payroll numbers could be revised down later if it turns out employers held off on hiring in response to the banking panic.

Hospitality 98

Hospitality Construction payroll Retail 98

PYMNTS

AUGUST 6, 2018

employers have been expanding their payrolls, adding an average of 215,000 jobs per month through July. Retailers, in particular, added an average of 12,000 jobs per month this year. While economists had predicted that hiring would slow this year, U.S.

Manufacturing 40

Manufacturing Retail payroll Sales 40

CPA Practice

SEPTEMBER 13, 2023

Hiring in leisure and hospitality, which has been a main driver of payrolls growth recently, was the weakest in more than a year. Separate figures Wednesday showed a widening in the July merchandise trade deficit, while retail inventories rose less than the prior month. pace in the second quarter, the slowest in more than two years.

Hospitality 105

Hospitality payroll Maine Tax 105

SMBAccountant

SEPTEMBER 29, 2021

She has been helping with much of the behind-the-scenes administrative tasks at SMB, as well as helping with monthly reconciliations, running payroll, and learning how to build DCAA compliant budgets, to name a few things. She has several years of customer service experience, working everything from fast food to retail to office work.

Florida 130

Florida bookkeeping Healthcare payroll 130

PYMNTS

SEPTEMBER 9, 2016

Employers can’t require employees to accept a payroll card. We think these rules will go a long way in addressing the issues we’ve been hearing about from low-wage workers,” said Deyanira Del Río, co-director of the New Economy Project, a group that has pressed for stricter protections on payroll cards, in the report.

New York 40

New York payroll Start-ups Retail 40

CPA Practice

JANUARY 2, 2024

The strategic acquisition also encompasses Mueller dotKonnect , a business process outsourcing firm specializing in finance, accounting, tax and payroll functions. Tang joins the firm from Marcum Asia CPAs LLP where he served as an Audit Partner.

Illinois 114

Illinois Pharmaceutical E-commerce audit 114

PYMNTS

FEBRUARY 20, 2019

That means otherwise straightforward and common small business duties, like banking , taxes and payroll, can be problematic for firms in the cannabis industry that are legally required to operate almost entirely in cash. Those complexities are well-known and often covered.

Retail 54

Retail Legal payroll Sales 54