Kaizen CPAs BLOG

Short, informative articles to help you manage your business with confidence.

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payroll + hr + compliance

A laptop on a desk with YPD's isolved employee calendar displayed. A cloud-based payroll system streamlines time-off requests, approvals, and tracking and ensures compliance with paid leave laws.

Why Paid Leave Laws Matter for Small Business Owners

Paid leave laws have become a critical aspect of employee benefits, especially for small to medium-sized businesses (SMBs). These laws are designed...

Small business owner compares isolved against QuickBooks Online and discovers why isolved is the better choice.

isolved vs QuickBooks Online: Which is Better for Your Payroll Needs?

As a business owner, payroll is undoubtedly one of the most critical aspects of your company. It’s not just about paying your employees; it’s also...

Why Small Businesses Should Consider a Payroll Service

Why Small Businesses Should Consider a Payroll Service

As a small to medium-sized business owner, managing payroll can seem manageable at first. After all, how hard can it be to cut a few checks every...

Learn about the importance of the W-9 form for businesses and vendors.

What Is a W-9 and Who Is Required to Fill It Out?

A Form W-9 is an important document used by businesses to request the taxpayer identification number (TIN) of individuals, entities, or certain types...

Learn about the Paid Time Off Law in Illinois for 2024—exceptions, major changes, and when employees can take PTO.

What You Need to Know About the 2024 Paid Time Off Law in Illinois

Are you ready for some important information about the new paid time off (PTO) law in Illinois? Well, you've come to the right place! Effective...

Getting insurance from an accounting firm streamlines your financial management, improves communication, and ensures accurate coverage for your business needs.

Combined Insurance & Accounting: Better Coverage, Less Hassle

One of the first questions that comes to mind when considering insurance from an accounting firm is “why choose this option over a traditional...

Understand its benefits, requirements, and cost-saving potential of Worker's Compensation Insurance.

What is Workers' Compensation?

At its core, workers' compensation protects employees from injuries and illnesses that occur while working at their place of employment. Regardless...

Make the Most of End of Year Bonuses for Your Employees

Make the Most of End of Year Bonuses for Your Employees

Year-end planning is focused on reducing taxable profit. One popular way to reward employees and mitigate taxes is by issuing year-end bonuses. ...

Illinois Minimum Wage is increasing January 1

Illinois Minimum Wage is increasing January 1

Effective January 1, 2023, the minimum wage in Illinois will increase for tipped and non-tipped employees. The Illinois minimum wage will increase...

A payroll provider ensures your people get paid accurately and on time gives you peace of mind. Properly-paid employees are happy employees.

It’s time to outsource your payroll, here’s why

You have a lot of faith in your accountant or accounting firm. As you well know, an in-house bookkeeper has a lot on his or her plate — adding...

It's important to get your payroll right. Calculating overtime in a bi-weekly pay cycle can add another layer of complexity, but there are tools to help!

How to calculate overtime in a bi-weekly pay cycle for Wisconsin and Illinois

A common question we hear from our clients is how to calculate overtime in a bi-weekly cycle. That’s because overtime is calculated in Illinois and...

Cook County Minimum Wage is on the Rise July 1

Cook County Minimum Wage is on the Rise July 1

Effective July 1, 2022, the minimum wage in Cook County will increase for tipped employees and non-tipped employees that work for any employer...