Senate Bill 459 – The Scarlet Letter
The thinking behind the infamous scarlet letter is alive and well in California government. Last month Gov. Brown signed into law Senate Bill 459, concerning the misclassification of workers. In addition to the large fines for willful misclasification (up to $25,000 per violation), employers must …
Out with the Old: Records You Can Toss
As many of you have already wrapped-up your tax returns and finding someplace to keep all of the supporting documentation, one of the questions we often here is “How long should I keep this?”. Here’s what you need to keep and what you can throw out without fearing the wrath of the IRS.
Controlling Your AP Processes
Accounts Payable is a part of any healthy business – so are local government agencies. And as your business gets more complicated, you get more invoices, and report to more government agencies.
When to Ask for Help
Bookkeeping is just a matter of balancing your checkbook and categorizing the payouts. And accounting is just the next step in the process – analyzing the categorized numbers. And if that was all an accountant or bookkeeper did, I would say go for it – buy a copy of QuickBooks and save yourself a bit.
But the financial side is the least of what accountants do.