No State Income Taxes: a Bonus or a Bummer?
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No State Income Taxes: a Bonus or a Bummer?

Florida is currently one of only seven states without a state income tax. The other six are Alaska, Nevada, Texas, South Dakota, Wyoming and Washington. Additionally, New Hampshire and Tennessee only pay taxes on dividends and income from investments (no wage taxes.) There is much discussion over whether the lack of income tax gives a…

Are your Contractors really Employees?

Are your Contractors really Employees?

Are you at risk? Employers often think that employees and independent contractors are interchangeable. That is a common misconception that can be costly to a business. The distinction between a contractor and an employee is extremely important for a small business owner to understand. How you classify workers is critical. A misclassified worker may cause…

Florida, protect yourself from tax ID theft!
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Florida, protect yourself from tax ID theft!

Tax ID theft is rampant in Florida. The IRS is taking steps to protect you. Florida is 1 of 3 test markets to help protect taxpayers. With the incidents of tax identity thefts rising, the IRS is working on curbing this out of control issue. Ordinarily, you would have had to be a victim of…

How to Collect Data in Your Store and Four Ways to Use It
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How to Collect Data in Your Store and Four Ways to Use It

Retail stores have long been collecting basic details (i.e. name and email) on their customers. Now, with the help of some nifty retail cloud solutions, it’s possible to collect so much more. eCommerce retailers are already taking advantage of cookies (not the delicious kind), to track shoppers through their online store. Most e-tailers are using…

Time To Update Your Payroll Tax Rates
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Time To Update Your Payroll Tax Rates

https://youtu.be/rdR_6RxXXFo Most states update their state unemployment tax (SUI) rates annually. You probably received a letter like this one and thought what am I supposed to do with this?  Well, you either need to send it you your payroll provider, or update your payroll system to calculate the correct rate. If you are on our…

Practice Ignition Gives Your Firm a Kick in the Admin
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Practice Ignition Gives Your Firm a Kick in the Admin

Practice Ignition adds efficiency to client administration, leaving you the time to do what you love. We have been using Practice Ignition for about 2 years now.  It was this years tax extension filing season when we seen that a-ha moment.  I have loved Practice Ignition from first sight, but once we got access to payments, it took…