Calculating payroll for commissions can be a challenging task for many Indiana business owners. However, with the right tips from Edgewater CPA Group, you can streamline the process and ensure accuracy in your payroll calculations. Let’s discuss how you can accurately calculate payroll for commissions, making the process much easier for your business.
Small business owners are faced with many important decisions, and one of the most crucial is choosing the right payroll software for your company. Payroll processing can be time-consuming, complicated, and overwhelming. However, it is essential to ensure your employees are compensated accurately and on time. That’s why Edgewater CPA Group helps you explore the top five payroll software options for small businesses.
As a business owner, you have a multitude of tasks that require your attention, and payroll is one of the most important. However, managing payroll is a complex process that can be difficult for business owners without a dedicated payroll specialist. Here are three of the many benefits of having a dedicated payroll specialist from Edgewater CPA Group at your disposal.
As a business owner, it’s easy to prioritize your bottom line over everything else. However, when it comes to retaining good workers, it’s important to also consider the impact that payroll mistakes have on employee morale. While errors in payroll may seem like a small issue, they can have significant consequences for your employees and your business. So, Edgewater CPA Group is here to make sure you don’t make those mistakes and keep great employees.
Managing payroll is an essential part of running a business. However, before you decide which type of payroll system is right for your company, it’s important to understand the pros and cons of each. Below, Edgewater CPA Group walks you through the four most common types of payroll systems, giving you a better idea of which solution is right for you.
If you’re like most business owners, you probably dread the thought of payroll management. After all, it’s a complex and time-consuming process that can be very frustrating. But did you know that payroll management from Edgewater CPA Group can actually help your company in many different ways? Let’s take a look at just how we can accomplish this.
Main Street businesses hold their breath at every administration transition, and this one is no different. Business owners in Indianapolis, IN, wonder what the Biden stimulus plan means for small businesses. This article includes an overview of what the plan entails, how it could impact small businesses, and the likelihood of its passing. Edgewater CPA Group is available to help small businesses navigate the pending bill, along with other bookkeeping services.
Many small businesses have been negatively impacted in 2020, and Indiana businesses are no exception. Edgewater CPA Group witnessed the closing of many longstanding Indiana businesses, such as the Butler-Tarkington hardware store owner who closed up shop after 43 years in business. Costumes by Margie closed after 50 years in business. Moreover, restaurants, hairdressers, and movie theaters have also been hit hard due to the pandemic. If your small business closed permanently this year, here are three things you need to do for your final business tax preparation.1. File Your Final Tax ReturnThe IRS requires final tax reporting, as does the Indiana Department of Revenue, along with the satisfaction of tax debt upon the close of your business. The tax and reporting requirements can be cumbersome, and mistakes can be costly. Here are the final tax return requirements for your business tax preparation.Sole proprietors. File a final Schedule C. Note: Schedule C … Continued
The COVID-19 pandemic has changed the way America works. Companies that never would have dreamed of making remote work part of their model are changing their tune. In June of 2020, over 40% of workers were working remotely, and many have continued since then. Working remotely has its pros and cons, especially for companies new to the practice. At Edgewater CPA, we get it – and we’re happy to provide tools, like payroll management, that will make your life easier as a manager. What’s more, here are a few tips on managing your newly remote workforce.
Let’s face it, life is hectic and chaotic for many people right now. Between business owners eyeing an uncertain economic future, employees hoping they won’t get laid off, and parents trying to figure out school plans for their kids, we’re carrying a lot of stress these days. That’s why it’s so important to encourage your employees to come together as a team. Team-building activities can help foster bonding and create a sense of shared purpose that can have a serious impact on your bottom line. Edgewater CPA Group has a few ideas on how you can do just that, as well as great payroll solutions when you need them.
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