NEWS

When do you need to hire a payroll accountant?

When do you need to hire a payroll accountant?

Small business owners spend a lot of time organizing and orchestrating payroll each month. In fact, the average time small business owners spend on their payroll is about eight hours a month. That’s 12 whole days each year that they could be spending generating new...
Record Keeping Tips for HSAs

Record Keeping Tips for HSAs

Modern day healthcare is very difficult to understand. There are lots of options and many different plans you can cobble together. For this blog, we’re focusing on HSAs and the record-keeping requirements around them. What is an HSA? An HSA is a Health Savings...
How to Protect Against Unemployment Insurance Fraud

How to Protect Against Unemployment Insurance Fraud

With the rise in unemployment insurance claims, there are more opportunities than ever for people to have their identity stolen. Identity theft activity related to unemployment insurance is on the rise in Illinois. The Attorney General’s office has alerted the public...
Understanding COVID Relief Options

Understanding COVID Relief Options

As the COVID-19 pandemic continues, it’s possible that you are finding yourself or your business in need of financial help. Thankfully, if you or your business has been impacted by COVID-19, there are a number of resources that you can turn to for support. Economic...
6 Tax Considerations for Divorcing Couples

6 Tax Considerations for Divorcing Couples

When you’re approaching or going through a divorce, one important aspect is to consider the tax implications of your situation. Below is a brief guide to help you plan ahead, and avoid tax problems or large tax bills: Before your divorce is final, determine how you...
How to Spend FSA Funds

How to Spend FSA Funds

How to Spend FSA Funds Do you still have funds in your flexible spending account? Generally, you’ll want to make sure that you spend them before December 31st of each year, but you do have some flexibility. FSAs are offered by employers as a convenient way for...