FEDERAL PAYROLL LAWS FOR NONPROFIT ORGANIZATIONS

The Payroll Company Payroll laws for nonprofit organizations can be challenging, as they require dealing with special provisions of the Fair Labor Standards Act (FLSA), which is administered by the DOL, and the federal tax code, which is governed by the IRS. Read More

Additional Details About the Tax Reform Act

In last month’s newsletter we presented some general facets of the Tax Cuts and Jobs Act (TCJA). In this article, we will explore some portions of the new bill in greater detail. In general, the law cuts corporate tax rates permanently and individual tax rates temporarily. It permanently removes the individual mandate, a key provision

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President Trump’s “Tax Cuts and Jobs Act”

President Trump signed the “Tax Cuts and Jobs Act” into law on Dec. 22, as noted and summerized from a report by Investopedia. The Senate passed the bill on Dec. 20 by a party-line vote of 51 to 48. The House passed the bill later in the day by a vote of 224 to 201. No

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What’s the Shared Economy All About?

In practice, the sharing economy is nothing new. It’s been around for a thousand years, in fact. Societies have always shared the use of assets. But then the internet came along, and following close behind was Big Data. These technologies have revolutionized the way asset owners can find each other to share resources in mutually

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Avoiding Cash Flow Problems

Poor cash flow can affect much more than the financial performance of your business. The non-financial costs of poor cash flow can have just as negative an impact on your business as the financial costs. Here are a few ways, as noted in Beyond the Numbers, that poor cash flow can affect your business. Increased

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