Do not use Form W-8BEN for compensatory scholarship or fellowship income. See Compensation for Dependent Personal Services in the Instructions for Form 8233. For purposes of chapter 4, a nonresident…
Many payroll products offer integrations with time-tracking apps or include time-tracking features, sometimes at an additional cost. As a business owner, you're responsible for making sure your payroll is accurate,…
The income tax rate in Illinois is 4.95%, after an increase from 3.75% in 2017. Illinois also has higher-than-average sales taxes and property taxes. New York’s budget for fiscal year…
You can effectively analyze the financial health of your business, find ways to generate more profit, and move forward with your business plan. Ditching spreadsheets for business accounting software can…
It is important to pay close attention to the balance between liabilities and equity. A company’s financial risk increases when liabilities fund assets. In accounting, the company’s total equity value…
The company has been working with clients in the manufacturing, biotechnology, and retail sectors for over a decade. Is a full-service accounting firm that has been serving businesses of all…
Note this is gross pay or earned income, not the money you have left after deducting for healthcare and groceries. For example, an employee who earns an annual salary of…