1 min read
Illinois Employers: A Must Read If You Hire Independent Contractors
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Are you aware that your independent contractor can file for unemployment insurance benefits? You probably thought that only W-2...
small business accounting (7)
1 min read
Employee vs. Independent Contractor – What’s the Difference and Why Does it Matter?
Employee vs. Independent Contractor What's the difference? Misclassifying an employee as an independent contractor can result...
2 min read
Do I Have to Pay Back My Paycheck Protection Program (PPP) Loan?
Recently, the federal government signed into law the $2 trillion CARES Act, which provides financial assistance to individuals,...
1 min read
Managing Cash Flow During Difficult Times
Business owners are continually challenged with reducing costs and managing cash flow, even more so during difficult times....
1 min read
Illinois Employers – Don’t Take Your Employee’s Tips!
Effective January 1, 2020, the Illinois Wage Payment and Collection Act has been amended regarding employee tips/gratuities. The law...
1 min read
Effective January – Sexual Harassment Training Required In Illinois
Effective January 1, 2020 Sexual Harassment Training Required In Illinois Beginning in January, as one part of a new law...
2 min read
NEW Form W-4 – Employee’s Withholding Certificate
On December 5th, the Internal Revenue Service (IRS) released the 2020 Form W-4, Employee’s Withholding Certificate 2020 Form W-4. It...
1 min read
Thinking About Selling Your Business?
15 Helpful Steps for a Successful Sale Are you considering exiting your business or desire the flexibility to do so...
1 min read
U.S. Department of Labor Final Overtime Rule
Effective January 1, 2020, nearly 1.3 million American workers will be newly eligible for overtime pay. The U.S....
1 min read
Employer Tax Credit for Paid Family and Medical Leave
As a small business owner, there’s a lot to manage and frankly, it can be daunting. The Family and Medical Leave Act (FMLA) and all...
1 min read
Employee Meetings and Training: Paid or Unpaid?
Meetings and trainings are an essential part of employee growth and success. Meetings, programs, lectures, seminars, webinars, etc....
1 min read
Illinois Secure Choice Savings Program
ILLINOIS BUSINESS OWNERS A retirement savings program is mandatory as of November 2019. You have options, and we can help....