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How the New Amendment to Minneapolis SST Work Laws Will Affect Your Business (Even if You Don’t Live Here)

Jul 22, 2019 12:33:46 PM / by CSI Accounting Staff posted in small business payroll, small business operations

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A recent change in Minneapolis work law could affect your business -- even if your headquarters, facilities, or office(s) are not located inside the city.

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Why Doing Your Own Payroll is a Huge Mistake

Oct 24, 2018 7:02:00 AM / by Bret Asmussen posted in small business payroll, small business accounting, small business operations

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When you own a small business, it is imperative that you find ways to save money wherever you can. It’s not a matter of want; it’s a matter of need. You take pride in doing your own sales, your own customer service... heck, you might even shovel your own driveway. That’s why it makes perfect sense to do your own payroll, right?

Maybe not. Here’s why it’s a waste of time to sit in front of a blank spreadsheet with your head in your hands. 

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5-Step Payroll Checklist for Small Business Owners

Oct 12, 2017 10:29:22 AM / by CSI Accounting Staff posted in small business payroll

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For many small business owners, payroll is a headache. According to Score, the majority of small business owners spend up to five hours doing payroll every month. Some owners are spending ten hours or more.

As a small business owner, your time is valuable. Extra time spent on payroll is time you could be spending running your business and driving growth.

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Don't Delay Compliance With Sick & Safe Time Requirements

Jul 13, 2017 1:12:17 PM / by CSI Accounting Staff posted in small business payroll

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According to a recent article in the Star Tribune, some businesses in Minneapolis and St. Paul are delaying compliance with new ordinances regarding sick and safe time leave that went into effect July 1.

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Simplifying Payroll: Determining the Physical Work Environment of Employees

Jul 6, 2017 7:55:00 AM / by CSI Accounting Staff posted in small business payroll

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Municipal sick and safe leave and minimum wage ordinances around the U.S. are creating a layer of complexity for businesses, and the Twin Cities is no exception.

For companies with workers who are on the move – like maintenance crews, fleet drivers, or staff supporting multiple locations – determining where and when they are physically performing work is a payroll challenge thanks to new municipal wage and leave ordinances.

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Earned Sick and Safe Time Ordinance: What Saint Paul Businesses Need to Know

Jun 30, 2017 8:43:49 AM / by CSI Accounting Staff posted in small business payroll

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Saint Paul's Earned Sick and Safe Time (ESST) Ordinance goes into effect on July 1, 2017 for employers with 24 or more employees. Beyond placing a poster on the wall and knowing that workers will accrue 1 hour of earned sick and safe time for every 30 hours worked, what's a business owner to do?

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Sick and Safe Time Ordinance: What Minneapolis Businesses Need to Know

Jun 22, 2017 12:02:39 PM / by Bret Asmussen posted in small business payroll

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Starting July 1, 2017, workers in Minneapolis will accrue 1 hour of sick and safe time for every 30 hours worked, as passed by the Minneapolis City Council. The Sick and Safe Time Ordinance was created to allow employees to care for themselves and family members, "making Minneapolis a healthier, more secure, and more productive community."

As a small business owner, how will you prepare to account for this time? The following information and tips for compliance are a start.

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3 Ways Accounting and Payroll Services Save You Time and Money

Sep 13, 2016 8:15:00 AM / by Brian Paulson posted in small business payroll, small business accounting

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As a small business owner, you should be consistently looking for ways to improve operations, increase profits, and reduce unnecessary spending. One option that should be considered is to hire accounting and payroll services to save you time and money.

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8 Tips for Your Small Business Payroll

Aug 16, 2016 11:53:42 AM / by Brian Paulson posted in small business payroll

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Small Business Payroll

Small business payroll can be a time-consuming and stressful task for a small business owner, especially if you run payroll in-house.

According to the National Business Association 2015 Small Business Taxation Survey, 1/3 of small businesses spend more than $6,000 per year on the administration of payroll and payroll taxes. Regardless of the size of the small business, it’s important to have a payroll system in place to protect you from IRS penalties and to ensure your employees are paid on time.

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Benefits of Outsourcing Payroll for Your Small Business

Aug 4, 2016 8:30:00 AM / by Brian Paulson posted in small business payroll, small business operations

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When it comes to managing payroll for your small business, you may be using your own accounting software. While the software offers the necessary features to comply with payroll regulations, the overall payroll process can be complex and time consuming, especially as you begin to hire more employees. Not to mention that mistakes in payroll are commonplace, and even a simple mistake can result in expensive fines.

 

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