Payroll

If the IRS determines employees were erroneously classified as independent contractors, the IRS may notify the workers that they are not entitled to deduct their business expenses from gross income on Schedule C and/or that they were not entitled to ...

The U.S. Department of Labor (DOL) is moving closer to finalizing the biggest change to overtime rules since they were established in 1938. That means potentially big challenges for companies as the proposed changes to the Fair Labor Standards Act (FLSA).

The main reason for making deferred comp payments to retired partners is to “acquire” their clients. If a firm knew for sure that they would lose the clients of a retiree, I doubt that deferred comp payments would be made.

The payroll system, which is fully integrated with Xero’s cloud accounting platform, is now available to small businesses in 22 states including California, Texas, Georgia, New York and Florida. Already covering 70% of the American small business ...

The path to achieving financial milestones like paying for a college education, buying a car, owning a home and retiring at an early age always begins with one step: saving for the future.

The survey asked respondents to rank the following financial burdens from most significant to least significant. The following percentages reflect how frequently the specific answer choice was selected as being the No. 1 issue hindering the economy.

The study found that 73 percent like to do research on their own before making financial decisions, 58 percent rely on financial advice from professionals, and 56 percent trust digital finance advice.

A new report from PwC shows that Millennials may be more stressed about their financial situations than any other generation.