News & Advice

What Requires Every Business To Be Accounted For Separately?

The requirement for every business to be accounted for separately, often referred to as maintaining separate accounting or financial records, is based on several important principles and reasons: Legal and Regulatory Compliance:…

May 15, 2023

payroll

What Is The Highest Position In Payroll?

In the field of payroll and payroll management, the highest position is typically the "Payroll Director" or "Director of Payroll." This senior-level role is responsible for overseeing all aspects of an organization's…

May 15, 2023

commingling

Is Commingling Of Funds Illegal?

Commingling of funds, which refers to mixing personal funds with business funds, is not necessarily illegal in all circumstances. However, it can have legal, financial, and tax implications, and whether it is…

May 14, 2023

payroll

Is Excel Good For Payroll?

Microsoft Excel can be a useful tool for small businesses or individuals who manage relatively simple payroll processes. It offers a straightforward way to perform basic payroll calculations, create payroll registers, and…

May 14, 2023

business entity, LLC

What Is The Difference Between And Entity And An LLC?

An "entity" and a "Limited Liability Company (LLC)" are related concepts, but they have distinct meanings and serve different purposes in the context of business and legal structures. Here are the key…

May 14, 2023

quickbooks

Does Quickbooks Do Payroll?

Yes, QuickBooks offers payroll services as part of its software offerings. QuickBooks provides two primary payroll solutions for businesses: QuickBooks Online Payroll: QuickBooks Online Payroll is a cloud-based payroll service that integrates…

May 14, 2023

payroll

Is It Better To Get Paid Weekly Or Biweekly?

The choice between getting paid weekly or biweekly depends on various factors, including personal financial preferences, budgeting needs, and employer policies. Both weekly and biweekly pay frequencies have their advantages and disadvantages,…

May 13, 2023

business advice, personal finances

Should You Mix Personal And Business?

Mixing personal and business finances is generally not advisable for several important reasons: Legal and Tax Implications: Maintaining a clear separation between personal and business finances is essential for complying with tax…

May 13, 2023

business advice, business management

What Is The Difference Between A Business Entity And A Company?

The terms "business entity" and "company" are related concepts but have distinct meanings in the context of business and legal structures: Business Entity: General Meaning: In a broad sense, a "business entity"…

May 13, 2023

quickbooks

Can An Accountant Remove Themselves From Quickbooks Online?

Yes, an accountant or any user with access to a QuickBooks Online (QBO) account can typically remove themselves from that account, provided they have the necessary permissions to do so. Here are…

May 12, 2023

What Requires Every Business To Be Accounted For Separately?

What Is The Highest Position In Payroll?

Is Commingling Of Funds Illegal?

Is Excel Good For Payroll?

What Is The Difference Between And Entity And An LLC?

Does Quickbooks Do Payroll?

Is It Better To Get Paid Weekly Or Biweekly?

Should You Mix Personal And Business?

What Is The Difference Between A Business Entity And A Company?

Can An Accountant Remove Themselves From Quickbooks Online?

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