by Bridgette Martin | Mar 7, 2025 | Annual Filings, Bookkeeping, Business Operations, State Filings, Taxes
What is an Annual Report? Have you received a letter or email from that’s got you wondering “What is Annual Report?” They are hitting mailboxes now asking business owners to complete their required annual filing with the Secretary of State. But what is an Annual...
by Tomie Kottwitz | Sep 6, 2024 | Bookkeeping, Business Operations, Labor
The U.S. Department of Labor recently finalized a ruling regarding salary requirements for exempt employees. This ruling has changed the minimum salary amount beginning on July 1, 2024, to $844 a week ($43,888 annually). Another increase will occur on January 1,...
by Bridgette Martin | Aug 2, 2024 | Labor
Thinking about “paying under the table” for labor and services? Is it beneficial to pay a contractor, vendor, or employee “off the books?” Also known as “paying under the table,” unreported compensation to an employee or contractor may seem like the easy way to go,...