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Our member accountants, tax specialists and practitioners are always looking for new ways to share their knowledge and help clients better understand the sometimes confusing world of small business finance.

 

More Chip Card Woes

chip card woesAs of October 2015, retailers who didn’t transition to chip-reader transactions began being accountable for any resulting fraud, known as chargebacks. While merchants have been informed of the risks, the costs and sometimes lengthy certification process to become an authorized chip-reader merchant have prevented 100 percent acceptance.

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New Retirement Investing Rules

The Department of Labor announced new rules that will require financial advisors and brokers to act in the best interests of their clients when handling individual retirement and 401(k) investment accounts. Seems like common sense? It is, but unfortunately the advice provided by brokers isn’t always in their client’s best interest but rather the amount of commissions the broker will make.

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Should you outsource your payroll?

 

small business payrollPayroll is the Pandora’s Box of small business ownership.  Open one tiny corner and a world of questions and potential liabilities await. Tax law, labor rules, local, state and federal requirements all come rushing out the tiny tear of the box threatening to bring your growing business to its knees.

 

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