An array of tax-related limits that affect businesses are annually indexed for inflation, and many have increased for 2020. Here are some that may be important to you and your business.
Powerful software is at the center of SBAM's Payroll & HR Solutions powered by Ahola. SBAM Payroll & HR Solutions software, iSolved®, ensures your payroll is processed efficiently, accurately, and easily with seamless integration of time …
In January, many companies are preoccupied preparing budgets, forecasts and performance-related goals for the year. So, it's all too easy to overlook plans for preventing fraud. But to avoid financial losses and maintain a healthy organization, …
A leap year occurs every four years, and for some employees, it means an additional payday. With 2020 being a leap year, you should know whether your payroll will be affected.
Whether you’re a small-business owner or an HR professional in a larger company, managing payroll can be a real hassle.
While the government generally dictates how you can pay yourself with a salary or the equivalent of a salary, it also provides flexibility for you to make withdrawals.
Setting up a payroll system is fairly straightforward in theory, but it does require a few significant steps that each employer will need to consider.
Credit unions have become an important source of funding for small businesses across Michigan. In this week’s podcast, Andrea Mosher, Senior Vice President of Credit Administration for Lake Trust Credit Union, […]
As you compile your organization’s IT budget for 2020, a familiar concern will likely top the list: security. According to a survey by TechRepublic, security and cloud services are the two top priorities heading into …
Your company has recently adopted an employee benefit plan. This is great news for your employees; however, do you understand your plan document?
A common question that arises when preparing an estate or trust return is, can capital gains be distributed to the beneficiary?
Micro-lending is on the rise, and small businesses and communities are benefitting.
Today companies engage the services of turnaround professionals in order to take their business to the next level, resolve cash flow problems, operations issues or to work out problems with lenders due to a lack …
Did you know that although your business may only be physically located in Michigan, if you ship your products to customers in other states, you may also be required to collect and/or remit sales or …
Profit and Loss statements are nice, but at the end of the day what truly matters is cash flow. Cash is King!
‘Tis the season when employers often will provide employees with “gifts” of some type. We all know the entity in town that gives all of its employees a turkey for Thanksgiving or Christmas. While this …
When making decisions about your company's annual holiday party, it's useful to know what other employers are doing. An annual survey conducted by outplacement firm Challenger Gray asks companies for an overview of their holiday party …
Tune in this week to hear principal of Great Lakes Business Credit, Rhett Rowe talk about three common financing mistakes small businesses make.
