Maria Tanski-Phillips, Author at Patriot Software

Maria Tanski-Phillips, Author at Patriot Software Mon, 28 Oct 2024 18:16:43 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://www.patriotsoftware.com/wp-content/uploads/2020/01/cropped-site-favicon-32x32.png Maria Tanski-Phillips, Author at Patriot Software 32 32 S Corp vs. LLC: Which Is Better for Your Business? https://www.patriotsoftware.com/blog/accounting/scorp-vs-llc/ Thu, 03 Oct 2024 14:03:00 +0000 https://www.patriotsoftware.com/?p=51679

When you start a company, there are several business structures. Two popular types of business structures are an S corporation and LLC. Are you choosing between these structures? Find out the key differences between S Corp vs. LLC and learn which is best for you. S Corp vs. LLC Many business owners decide between starting […]

]]> What You Need to Know About the Washington D.C. Paid Family Leave Program https://www.patriotsoftware.com/blog/payroll/washington-dc-paid-family-leave/ Tue, 20 Aug 2024 18:08:00 +0000 https://pslohio.wpengine.com/uncategorized/washington-dc-paid-family-leave/

States like New York, California, and Massachusetts have paid family leave programs so employees can take paid time off for medical and family issues. Along with a number of states, Washington D.C. also started a PFL program in 2019. Read on to learn all there is to know about the Washington D.C. paid family leave […]

]]> Real Accounts: What to Know About These Permanent Accounts https://www.patriotsoftware.com/blog/accounting/real-accounts/ Wed, 08 May 2024 18:31:00 +0000 https://www.patriotsoftware.com/?p=54845

Hands on a calculator and holding a notebook.

In accounting, you deal with a variety of accounts to balance and organize your books. One type of account you will likely run into is a real account. But, what are real accounts exactly? And, how does it differ from other accounts in accounting? Allow us to give you the scoop with an overview, examples, […]

]]> How to Calculate Total Revenue in Accounting [With Examples] https://www.patriotsoftware.com/blog/accounting/how-calculate-total-revenue/ Wed, 08 May 2024 15:48:00 +0000 https://www.patriotsoftware.com/?p=53484

Keeping an eye on your business’s finances is oh-so-important if you want your company to thrive and grow. This includes monitoring your financial statements and calculating financial figures, such as total revenue. Get the lowdown on how to calculate total revenue and ways to use it to benefit your business. What is total revenue? Total […]

]]> How to Manage and Record Cash Receipts in Your Small Business https://www.patriotsoftware.com/blog/accounting/recording-cash-receipts/ Mon, 06 May 2024 16:16:00 +0000 https://pslohio.wpengine.com/uncategorized/recording-cash-receipts/

If you’re a small business owner, you likely receive cash payments from your customers. And if you receive cash payments, you need to know about recording cash receipts in your books. So, how do you record cash receipts? To ensure your books are accurate, you need to understand cash receipts accounting. Read on to get […]

]]> Types of Audits: Breaking Down 9 Different Audits https://www.patriotsoftware.com/blog/accounting/different-types-of-audit/ Mon, 06 May 2024 15:13:00 +0000 https://pslohio.wpengine.com/uncategorized/different-types-of-audit/

A magnifying glass on top of a few pieces of paper.

As a small business owner, you need to conduct regular audits to ensure your records are accurate. Although many business owners dislike the idea of auditing, audits can be beneficial to your company. Learn more about the different types of audit below. Different types of audit As a brief recap, an audit examines your financial […]

]]> Golden Rules of Accounting: The Three Rules You Should Always Follow https://www.patriotsoftware.com/blog/accounting/three-golden-rules-accounting/ Fri, 03 May 2024 22:50:00 +0000 https://www.patriotsoftware.com/?p=49113

You might have heard of the Golden Rule in life: Treat others as you want to be treated. But, did you know that there’s also a golden rule for accounting? In fact, there are three golden rules of accounting. And no … one of them is not treating your accounts the way you want to […]

]]> How to Convert Employees from Hourly to Salary https://www.patriotsoftware.com/blog/payroll/convert-hourly-salary/ Thu, 02 May 2024 20:34:00 +0000 https://pslohio.wpengine.com/uncategorized/convert-hourly-salary/

As an employer, you may find yourself changing an employee from hourly to salary at some point. Learn why you might convert an hourly employee to salary and what steps to take when converting. Reasons to convert hourly to salary You can change an employee from hourly to salary for various reasons. Some reasons an […]

]]> 10 California Labor Laws Your Business Needs to Brush up On https://www.patriotsoftware.com/blog/payroll/california-labor-laws/ Mon, 01 Apr 2024 16:29:00 +0000 https://pslohio.wpengine.com/uncategorized/california-labor-laws/

Government building flying the American and California flags.

The Department of Labor (DOL) enforces more than 180 federal laws. These laws can vary depending on your business and employees. And, some states might have additional labor laws that business owners must follow. One state that has some unique regulations is California. Read on to learn about California labor laws and how they impact […]

]]> How to Fill Out Form 941 (2024): Step-by-step Instructions to Fill Out Form 941 https://www.patriotsoftware.com/blog/payroll/how-to-fill-out-form-941/ Mon, 11 Mar 2024 20:08:00 +0000 https://pslohio.wpengine.com/uncategorized/how-to-fill-out-form-941/

If you have employees, you likely need to fill out and file Form 941 each quarter. Form 941 is jam-packed with different sections and calculations, which leaves room for errors. Need Form 941 instructions? Avoid major Form 941 mistakes and here learn how to fill out Form 941 line by line here. What is Form […]

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