The United States Wage and Hour Division of the Department of Labor (DOL) recently published a final rule that increases the minimum salary required to be paid to employees classified as exempt executive, administrative, professional (including the salaried computer professional) and highly compensated employees. Final Rule Summary Effective July 1, 2024 The minimum salary...
In making a decision on your accounting software, do you want to host it locally or in the cloud? And that depends upon how many people are going to use the software, where they’re located. If you’re a virtual company, you want it in the cloud. I have clients right now that set me up...
The first thing I would say is what other software are you using? For example, you might have a certain point of service system or a system that tracks inventory and purchasing and then what accounting software is compatible with your existing software in your other practices in your inventory or your sales. And you...
Payroll processing, when managed effectively, can save you money in several keyways. Here are some of the primary cost-saving aspects: Avoidance of Penalties for Non-compliance: Payroll involves various legal requirements including tax withholdings and filings. Errors in payroll can result in costly penalties and fines from tax agencies. Accurate processing ensures that all tax obligations...
By Allen Smith, J.D. “Workplace harassment” is more than just sexual harassment, the U.S. Equal Employment Opportunity Commission (EEOC) reminded employers in guidance published April 29. The commission shared specific examples of the kinds of harassment it deems unlawful—including harassment based on race, sex, religion and other factors. Examples of Workplace Harassment The...
What do you need to look for when you are considering outsourcing your bookkeeping? I would say the first thing is you want to make sure that that organization or the organizations you’re looking at, you want to get references. You want to find out, you know, how many clients they have. You want to...
Copyright by People First INC. All rights reserved. 2022
2022 Copyright by People First Inc. All rights reserved.
