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Top Patriot Software News

What Is the Difference Between Net Income vs. Gross Income?

What Is the Difference Between Net Income vs. Gross Income?

Understanding how your business earns—and keeps—money is fundamental to financial success. You can look at gross income and net income to gauge business profitability. But what is the difference between net income vs. gross income? And why does it matter for your business?  Let’s break it down so you can confidently navigate your company’s financial […]Read Article
Payroll-to-revenue Ratio: How Much Should Go to Payroll?

Payroll-to-revenue Ratio: How Much Should Go to Payroll?

Are you spending too much of your company’s hard-earned revenue on payroll expenses? You can use the payroll-to-revenue ratio to find out. The payroll-to-revenue ratio can help you gauge efficiency and profitability for improved decision-making. Read on for the formula, steps to calculate it, and more.  What is a payroll-to-revenue ratio, and why does it […]Read Article

Maryland Sick and Safe Leave | Paid or Unpaid Sick Leave Law

Like several other states, Maryland requires that employers provide sick leave. Maryland sick and safe leave ensures employees receive paid or unpaid time off when they cannot work.   What are the details of the Maryland sick leave law? Read on to find out.  What is Maryland sick and safe leave? The Maryland Healthy Working Families […]Maryland · MarylandRead Article

Paid Sick Leave Laws by State | Chart, Map, and More

Typically, employers get to choose whether they want to offer types of paid time off, like sick leave, to employees. But depending on your business location, you might not have a choice. Little by little, paid sick leave laws by state are on the rise. If your employees work in a state with mandatory sick […]United States · United StatesRead Article

Choosing A Payroll Company - Doctors Business Network

There are over 400,000 payroll companies currently operating in the United States. How are you supposed to find one that’s right for your medical practice? First, consult with your attorney, financial advisor, or an independent CPA about the benefits of outsourcing your payroll to a third party. Next, obtain referrals from other medical practices similar to yours in size and scope. Third, consider using a top payroll company such as Paychex, ADP…Taxes · United StatesSee the Story

What are Fringe Benefits? | Definition, Types, and Examples

Employers often want to offer attractive compensation packages to bring in good employees. But, compensation goes beyond an employee’s hourly or salary wages. It also includes additional small business employee perks, known as fringe benefits. So, what are fringe benefits? And, what are the types of fringe benefits? What are fringe benefits? Fringe benefits are […]Read Article

AFP & Members of Congress Rally the Grassroots to Renew President Trump’s Tax Cuts on National Day of Action - Americans for Prosperity

100% Right coverage: 1 sources
Washington, DC—On Saturday, May 17, Americans for Prosperity (AFP) is teaming up with Members of Congress to Protect Prosperity and rally the grassroots as Congress continues to deliberate on a pro-growth tax package to make permanent the 2017 Tax Cuts and Jobs Act (TCJA). As first reported by Fox News, AFP Activists across the country will be talking to voters on the phones and at their doorsteps about the current trajectory of Republicans’ tax…Donald TrumpSee the Story

Which Financial Statement Is Prepared First?

Your business’s financial statements give you a snapshot of the financial health of your company. Without them, you wouldn’t be able to monitor your revenue, project your future finances, or keep your business on track for success. So which financial statement is prepared first? Which financial statement is prepared first? These are the four types […]HealthRead Article

How to combat payroll fraud—Tips from a payroll fraud specialist — The Small Business Site

Article provided by PaySource Payroll fraud poses a serious risk to many organisations, yet often goes unnoticed for long periods. In fact, one of the most common ways payroll fraud is uncovered happens when a corrupt payroll administrator takes time off. Soon, the fraud they have been gatekeeping comes to light. This is one of many examples from Yolande Schoültz, a payroll fraud specialist and founder of YSchoültz Attorneys & Conveyancers & Not…United States · United StatesSee the Story

Payroll Process Flowchart | Ultimate Diagram & Process

According to a 2019 Bank of America study, 68% of small business owners think payroll is their most difficult management task. Do you? If so, an easy-to-digest payroll process flowchart can help you gain confidence in running payroll. A flowchart organizes a sequence of actions to help make something simpler to understand. A payroll flowchart […]Read Article

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