Can manufacturers reduce their payroll taxes without shedding employees? It may be possible If you implement certain strategies that can trim your tax burdens and boost your balance sheet.
Using sophisticated inventory management software is supposed to solve the problem of inaccurate counts, but that's not always the case. Delays in order fulfillment and angry customers are inevitable if your warehouse is plagued by erroneous inventory counts.
If your inventory data doesn't match what you physically have in your warehouse, it's time to take corrective action.
Many factors influence how you practice medicine. Competition from urgent care centers, so-called minute clinics and the Internet have all, no doubt, affected the way you manage your practice. But one thing has not changed: your need to satisfy your customer, the patient.
The business of a medical practice involves a complex set of procedures and carefully coordinated acts that allow a patient to be treated, referred and billed. Yet new employees are expected to get up to speed in a short time, and established staff members may choose to cut corners over time. That’s why a detailed, updated and enforced office procedural manual is a great tool to help ensure consistency in...
The greatest asset of any physician practice is its employees — the good ones, that is. Just about every practice manager has had to deal with a problematic staff member at one time or another. Problems can range from an employee not performing his or her job properly to someone stealing cash, medical supplies or equipment from the practice. The biggest mistake many practice managers make is either taking...
The Internal Revenue Service has announced that tax-exempt organizations with January and February filing due dates will have until March 30, 2012, to file their annual returns. The part of the e-file system that processes electronically filed returns of tax-exempt organizations will be off-line during January and...
ith the holidays coming up, it's a good time to review the tax rules involved in giving gifts to employees. The taxability of employee gifts generally depends on the value and the type of award. Here are some...
You're a prime candidate for these unprecedented savings if you are a small to mid-size business that wants to take advantage of the rich functionality, low cost of ownership, and rapid deployment offered by Microsoft Dynamics GP or Microsoft Dynamics SL. (This offer is for new customers not having previously licensed a Microsoft Dynamics ERP product.)
A basic principle of year-end tax saving is to accelerate deductible expenses into this year and defer income until next year. Of course, that doesn't work in all cases. The right strategy for your business depends on several factors, including how you answer these questions:
An organization’s accounting system is an integral piece of its operations and should evolve with its needs. Most companies start out using an accounting system specifically designed for small businesses, such as QuickBooks, Peachtree, or FreshBooks. As an organization grows and becomes more complex, new business activity can put a strain on a basic accounting system which is not designed to handle the...
What's more important to employees responsible for the day-to-day operation – and success – of a business or organization? Is it the boss's "executive presence"... or the boss's "management actions?" ...
Federal investigators with the Labor Department's Wage and Hour Division (WHD) routinely look for companies and organizations with illegal pay practices.
The WHD enforces the federal minimum wage, overtime pay, record-keeping, child labor and other requirements of...
We all know U.S. Savings Bonds are a relatively safe way to save money. Perhaps you have given them as gifts for the birth of a baby, a graduation or a child's birthday. But you may not have thought about adding them to your own portfolio.
Perhaps you should. Savings bonds are looking pretty good compared with other fixed-income...