There are countless organizations and charities that work to help individuals or communities in need. These types of organizations are typically considered not-for-profits. Read on to find out what is a not-for-profit organization and how not-for-profits differ from nonprofit organizations.Read More What Is a Not-for-profit Organization?
CANTON, Ohio – July 25, 2019 – Patriot Software Company, nationally known for cloud-based accounting and payroll software, announced the sale of its recruiting software subsidiary Top Echelon Network, LLC (Top Echelon) in a joint press release this week. Top Echelon, a leading provider of applicant tracking system (ATS) and split-placement network software, has been […]Read More Patriot Software sells Top Echelon in Acquisition by SageLink Capital
An estimated 3.4 million workers deal with independent contractor misclassification. It’s no secret that the IRS has strict policies in place to crack down on employers who misclassify contractors. So, how do you avoid misclassifying independent contractors?Read More How to Avoid Independent Contractor Misclassification and Protect Yourself From Penalties
As a business owner, you might offer a variety of benefits to your employees, including health insurance and retirement plans. One option you can offer employees is an employee stock ownership plan (ESOP). Along with other benefits, ESOPs are growing in popularity for small businesses. According to the National Center for Employee Ownership (NCEO), as […]Read More Understanding an Employee Stock Ownership Plan, And How It Can Benefit Your Business
How much money do you really have to spend? What about your employees? To figure out your available spending money, you need to find your disposable personal income. What is disposable personal income?Read More What Is Disposable Personal Income?
Canton, Ohio Stock Offering Closed Patriot Software Company successfully closed its Friends & Family stock offering, culminating in a total capital raise of over $15 million since 2017. The Regulation D stock offering was permanently closed with the SEC effective as of January 31, 2019. Common stock was sold at $16.81/share which was based on […]Read More Patriot Software Closes Reg. D Stock Offering – $15 Million in Total Funding
As a small business owner, you have likely heard of the terms gross or net income. But, are you familiar with adjusted gross income? Learn what is adjusted gross income, how to calculate it, and uses for adjusted gross income below.Read More What Is Adjusted Gross Income?
Do you find yourself purchasing or asking an employee to buy something for your business from time-to-time? If so, you may benefit from using a petty cash fund. Learn more about what is petty cash, the purpose of petty cash, and petty cash uses for your small business.Read More Benefits of Using Petty Cash for Your Small Business
As businesses evolve, so do different types of payment methods for employees. You have most likely heard of bitcoin or cryptocurrency while watching the news, reading a newspaper, or searching the internet. You may be asking yourself, What exactly is bitcoin? And, Is there such a thing as bitcoin payroll? Bitcoin is not your average […]Read More Using Bitcoin Payroll: Is It Worth It?
As a small business owner, you should be able to answer “What is a W-2 form?” A W-2 form is a crucial document that reports an employee’s annual taxable wages and the amount of tax withheld from wages. Continue reading to learn more about what is a W-2, who gets a W-2, what information it […]Read More What Is Form W-2?