Actualités

If you were notified that your household employee received payments from a state disability plan, see State Disability Payments, later. You may have to pay a penalty if you don’t give Forms W-2 to your employees or file Copy A of the forms with the SSA by the due dates. You may also have to pay a penalty if you don’t show your employee’s SSN on Form W-2 or don’t provide cor...

Furthermore, if an employer pays wages totaling less than $1,500 per quarter for all quarters of the previous two tax years, then they may also not be required to pay FUTA. A state that hasn’t repaid money it borrowed from the federal government to pay unemployment benefits is called a credit reduction state. If an employer pays wages that are subject to the unemployment tax laws of a credit...

Unfortunately, creating a rolling budget is initially more costly than a static budget, as you need to hire experienced staff to analyze the market fluctuations. That said, the budgeting option will be more effective and financially savvy in the long run. Flexible budgets are created to adjust the allowable cost levels to meet the activity level. The budget creation follows cost analysis of the fi...

Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. For example, a 2/10 net 30 discount – where you would get a 2% discount to pay in ten days vs. the standard 30-day term – translates to a 36% annual return on that cash. Organizations with income statements that show healthy margins, sizeable cash balances, and little debt can find these ...