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Hire Your First Employee

Hire Your First Employee

 

If your business is booming, but you are struggling to keep up, perhaps it’s time to hire some help.

The eight steps below can help you start the hiring process and ensure you are compliant with key federal and state regulations.

Step 1. Obtain an Employer Identification Number (EIN)

Before hiring your first employee, you need to get an employment identification number (EIN) from the U.S. Internal Revenue Service. The EIN is often ...

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Why Should I Keep Records?

Why Should I Keep Records?

Everyone in business must keep records.  Keeping good records is very important to your business.  Good records will help you do the following:

  • Monitor the progress of your business
  • Prepare your financial statements
  • Identify source of receipts
  • Keep track of deductible expenses
  • Prepare your tax returns
  • Support items reported on tax returns

Monitor the progress of your business

You need good records to monitor ...

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Six Reasons to Pay Employees with Direct Deposit

Six Reasons to Pay Employees with Direct Deposit

It’s the end of another exciting week, your employees were on top of their game and you certainly appreciate all the hard work they have done. They are looking forward to the weekend to unwind, rejuvenate and be fully charged to begin the next week off with a fresh start.

You can help your employees spend more time with friends and family and save them a trip to the bank, by offering direct deposit.

The convenience ...

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