Category: Payroll

 

Why should I outsource bookkeeping and/or payroll for my business?

As a business owner, you may often think you need to do it all in order to understand your business.  However, your biggest priority is most likely to generate income so your company stays afloat and grows. Oftentimes, day to day office tasks can bog owners down, taking valuable time away from working on their business. Outsourcing bookkeeping […]

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Summer jobs and taxes-what your teenager needs to know!

Do you have a teenager that is looking for a summer job or already has one? Summer jobs are great for earning extra spending money. Yet your kids should know that taxes still need to be withheld and paid.  Here are a few things they should keep in mind when it comes to their paycheck s […]

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What are the Benefits to Outsourcing Your Payroll?

Why should you outsource your payroll?  You’ve spent a lot of time creating your company, hiring the best employees and advertise in all the right areas.  As the business owner your focus should be geared toward increasing revenue and retaining your current clients, not focusing on the parts of your business that don’t generate income.  […]

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Cash Flow is not Profitability

excerpt from Understanding Cash Flow Analysis          by Don Hofstrand on https://www.extension.iastate.edu/ Cash Flow is not Profitability People often mistakenly believe that a cash flow statement will show the profitability of a business or project. Although closely related, cash flow and profitability are different. A cash flow statement lists cash inflows and cash outflows while the […]

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