<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=351166518341071&amp;ev=PageView&amp;noscript=1">

Which Accounting & Payroll Solutions Are Best For HVAC Businesses?

Jul 12, 2021 1:38:00 PM / by CSI Accounting Staff posted in small business payroll, small business accounting, construction companies

0 Comments

As the owner of an HVAC business, you know the importance of maintaining an accurate inventory and professional staff to satisfy your customers' heating, ventilation, and air conditioning needs. This is something that's critical year-round, so when do you find the time to settle down and handle your accounting and payroll? Have you ever considered outsourcing them to save you time and help you avoid costly mistakes?

Read More

Best Accounting & Payroll Methods for Mental Health Practices

Jul 9, 2021 1:42:54 PM / by CSI Accounting Staff posted in small business payroll, small business accounting, healthcare services

0 Comments

When you own a mental health practice, your main goal is to help your patients have a brighter future. After focusing on treating the different things that cause them discomfort or distress, you don't want to slow down enough to put in the extra hours that accounting and payroll require. Have you ever considered outsourcing them to save you time and help you avoid costly mistakes?

Read More

The Top 8 Benefits of Managed Payroll Services

Jun 9, 2021 3:40:08 PM / by CSI Accounting Staff posted in small business payroll

0 Comments

Is it worth it to outsource payroll? Clearly, doing it yourself can have some major downsides. Here are the top 8 benefits of managed payroll services, with an extra emphasis on the differences between local providers and national providers.

Read More

7 Things That Can Increase Your Payroll Fees

Jun 2, 2021 2:45:09 PM / by CSI Accounting Staff posted in small business payroll

0 Comments

As an employer, you know that payroll is much more complex than most people think it is. Aside from the basic adjustments, such as taxes and garnishments, do you know how your company's unique situation can influence your payroll prices?

You might be surprised to hear that the big-name payroll companies don't always offer better deals. Here are some things that payroll companies use to determine your payroll fees.

Read More

The Beginner's Guide to New Hire Reporting

May 19, 2021 2:49:25 PM / by CSI Accounting Staff posted in small business taxes, small business payroll, small business operations

0 Comments

When we sit down with clients who don't have an HR department, they often ask us about new hire reporting. While we recommend that businesses of all sizes work with at least one HR professional (even if it requires partnering with an outsourced company rather than hiring internally), this is one of those things that can be done by the business owner - with the right knowledge, of course. Here's what you need to know.

Read More

What You Need to Know About the American Rescue Plan Act

Mar 25, 2021 4:28:35 PM / by Brian Paulson posted in small business taxes, small business payroll, small business accounting

0 Comments

The following blog post is based on a letter from CSI Accounting & Payroll's owner, Brian Paulson, to our clients.

As we all know, 2020 and 2021 have been very challenging years in many respects. Along with everything else, Congress has been doing more things than ever before that have implications on the taxation of both businesses and individuals. It has been very challenging to do so, but we pride ourselves on staying on top of what is coming out of Congress so we can quickly summarize it and convey it to our clients.

NOTE: This information was up-to-date at the time that this post was written, but COVID relief laws are constantly being updated and changed. Please contact us directly for updated information.

Read More

Small Business COVID Relief Packages: What to Do and What to Expect

Mar 11, 2021 9:37:52 AM / by CSI Accounting Staff posted in small business taxes, small business payroll, small business accounting

0 Comments

The COVID-19 pandemic proved to be devastating to many small businesses. 163,735 U.S. small businesses closed their doors between March 1st, 2020 and August 31st, 2020. This resulted in the government setting aside some crucial relief efforts.

Whether you participated in the first round of PPP loans last year or not, there's still a good variety of relief packages available. The two most popular relief efforts are the PPP (Paycheck Protection Program) loans and the ERC (Employee Retention Credit), which will be discussed in this post.

NOTE: This information was up-to-date at the time that this post was written, but COVID relief laws are constantly being updated and changed. Please conduct your own research with reliable sources or contact us directly for updated information.

Read More

End of Year: IRS Changes Due to COVID-19

Nov 25, 2020 10:07:24 AM / by CSI Accounting Staff posted in small business taxes, small business payroll, small business bookkeeping, small business accounting

0 Comments

Brian Paulson, the owner of CSI Accounting & Payroll, has put together some end-of-year planning tips.

He writes, "Everything we do is focused on the core belief that we succeed in life by helping others succeed. This letter is one complimentary piece of our intense planning and research effort throughout the year to help in your success. Feel free to share it with anyone you know who could benefit."

This section covers a unique topic: changes in the IRS due to COVID-19. Pandemics definitely don't happen every day, but they can result in massive government changes.

Read More

Families First Coronavirus Response Act - What We Know So Far

Mar 20, 2020 2:22:58 PM / by CSI Accounting Staff posted in small business taxes, small business payroll, small business operations

0 Comments

The Families First Coronavirus Response Act was signed into law on March 18, 2020.

In the coming days and weeks, federal regulatory agencies, including the Department of Labor (DOL) and Health and Human Services (HHS), will provide guidance on how to execute or implement the new requirements. In the meantime, employers and advisors must rely on a good faith interpretation of the act’s text.

We are sharing everything we know below and will not be able to answer follow up questions about the act until agency guidance has been released, which will take some time. We will update the HR Support Center when we have more information, and we encourage you to check there.

Read More

What Minnesota’s New Wage Theft Law Means for Your Business

Jul 24, 2019 9:11:00 AM / by CSI Accounting Staff posted in small business payroll, small business operations

0 Comments

A new piece of legislation by Minnesota lawmakers puts unprecedented pressure on businesses to make sure that they’re providing accurate documentation of employee wages. As of Monday, July 1st, 2019 employers are required to provide employees notice at the start of their job laying out wage or salary amount and the benefits available. Employers must also provide additional information in their pay stubs and include allowances taken out for lodging, food, and other incidentals.

Read More