Becoming an S corp provides you with added liability protection and advantageous tax benefits. However, these advantages come with certain requirements. Besides compliance rules about domestic ownership and share maximums, you must also make sure to pay yourself a...
Payroll
State-by-State Minimum Wage Changes for 2025: What You Need To Know
As a small business owner, it’s essential to stay up to date on changes to HR laws. Depending on what state you run your business in, your payroll may need to adjust for a minimum wage hike in 2025. Additionally, many municipalities have specific minimum wages. When...
How to Prevent Direct Deposit Fraud: Best Practices for Employees and Employers
Preventing direct deposit fraud requires a proactive approach from both employers and employees. By implementing strong security measures and fostering awareness, you can significantly reduce the risk of payroll fraud. Best Practices for Employees Direct deposit...