Florida’s beautiful beaches, booming economy, and status as a tax-friendly state make it an attractive spot for entrepreneurs. The Sunshine State even claimed the title of the third-best state to start a business in 2024.
Read More How to Start an LLC in Florida: Steps, Documents, & Beyond
Author:
Rachel Blakely-Gray
As Patriot's Content Manager, Rachel creates engaging and informative content aimed to help business owners understand complex accounting and payroll topics.
Your Go-to Small Business Tax Deductions Checklist
Business expenses add up—fast. Fortunately, there are extensive tax deductions available for small business owners to offset the cost of running a business. Unfortunately, tax deductions can be complicated and confusing.
Read More Your Go-to Small Business Tax Deductions Checklist
Your Guide to Accounting Software for Sole Proprietors
Being a sole proprietor is a rewarding, but challenging, journey. Many sole proprietors view managing finances as one of the most challenging tasks. But thanks to accounting software for sole proprietors, financial management (and analysis) has gotten faster and easier.
Read More Your Guide to Accounting Software for Sole Proprietors
How to Generate Pay Stubs for Employees
When payday rolls around, employees receive their wages for hours worked. They may also receive a digital or paper pay stub, which breaks down their earnings and payroll deductions. As an employer, you must know how to generate pay stubs.
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How Is Machine Learning Used in Accounting?
Machine learning (ML), a branch of artificial intelligence (AI), is everywhere. It has transformed online shopping (“users also bought…”) and TV streaming (“because you watched…”). Machine learning has also revolutionized the field of accounting.
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W-2 Employee vs. 1099 Contractor: Which Is Better for Your Small Business?
You’re ready for some help around your business. Should you hire a W-2 employee or a 1099 contractor? The choice might not be yours. There are key differences between a W-2 employee vs. a 1099 contractor that you must understand to stay legally compliant.
Read More W-2 Employee vs. 1099 Contractor: Which Is Better for Your Small Business?
Don’t Forget to Collect State W-4 Forms from New Hires
When you hire new employees, you need to collect information to verify employment eligibility and run payroll. Federal Forms W-4 and I-9 are just the beginning when it comes to new employee forms. You may also need to collect state-specific forms, including your state’s W-4. What is the state W-4 form?
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Income Tax Withholding Tables: Updates and What You Need to Know
The IRS has released the 2024 tax brackets, along with updated income tax withholding tables for employers. Use these updated tax tables to calculate federal income tax on employee wages in 2024.
Read More Income Tax Withholding Tables: Updates and What You Need to Know
How to Start an LLC in Texas: Getting Your Limited Liability Company Up and Running
Are you thinking of starting a business in The Lone Star State? One of the first steps you have to take is choosing your business structure. You might structure your business as a limited liability company (LLC) for liability protection and pass-through taxation. But getting your LLC up and running takes time, effort, and a […]
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15 Funny Accounting Jokes & Quotes to Get Through Tax Time With a Smile
Busy season for accountants can be a stressful time. You work long hours—sometimes around 100 hours a week—and crunch endless numbers during tax season. Who says you can’t find some humor amidst the piles of paperwork?
Read More 15 Funny Accounting Jokes & Quotes to Get Through Tax Time With a Smile
