Finances

How to Run Payroll in QuickBooks

How to Run Payroll in QuickBooks

Processing payroll in QuickBooks Online is easy and effective. You can sync both your business account and your employees’ accounts and process payroll with same-day

What Is the FDCPA?

What Is the FDCPA?

The Fair Debt Collection Practices Act is the federal law that governs third-party debt collectors’ interactions with debtors. The FDCPA applies to most third-party debt

What Is ROI?

What Is ROI?

Return on investment (ROI) refers to the amount of money you make that can be directly tied to an expense or series of expenses. For

What Are Medical Claims?

What Are Medical Claims?

Medical claims are documents that your practice must submit to payers for reimbursement. Medical claims comprise charges and codes that standardize your services for faster

How to Fill Out and File an HCFA Form

How to Fill Out and File an HCFA Form

The HCFA form is what non-institutional practitioners use to bill insurance companies for services provided. The HCFA form comprises medical billing codes and the patient’s

What Is Monetary Policy?

What Is Monetary Policy?

A nation’s monetary policy has a major impact on its economy. In the United States, the Federal Reserve works to stabilize prices and wages to

What Are Payroll Taxes?

What Are Payroll Taxes?

Payroll taxes, or withholding taxes, are withheld from an employee’s paycheck and paid to the IRS. The employee contribution rate is 7.65%, which goes toward

What Are Payroll Liabilities?

What Are Payroll Liabilities?

Along with employee wages, an employer’s payroll liabilities include payroll taxes, voluntary employee deductions and payroll service costs. Payroll taxes are paid by both the

How Are Bonuses Taxed?

How Are Bonuses Taxed?

One way to recognize employees for a job well done is to reward them with a bonus. But although bonuses are great for employee appreciation,

What Is a Recession?

What Is a Recession?

A recession is when a nation is producing less, income is tight, jobs are often scarce and sales drop significantly. During a recession, small businesses

What Is a Merit Pay Increase?

What Is a Merit Pay Increase?

Merit pay is a pay-rate boost used as a reward to help incentivize productivity and high performance in employees. An employee doesn’t necessarily need to

What Is Value-Based Healthcare?

What Is Value-Based Healthcare?

In value-based healthcare, practitioners are paid based on the quality of services rather than the quantity. Value-based healthcare makes for healthier patients, happier practitioners and

Small Business Taxes: What to Expect in 2023

Small Business Taxes: What to Expect in 2023

5 Tax Changes Small Business Owners Need to Prepare For

5 Tax Changes Small Business Owners Need to Prepare For

Affiliate Links: What Small Businesses Should Know

Affiliate Links: What Small Businesses Should Know

How a Government Shutdown Hurts Small Businesses

How a Government Shutdown Hurts Small Businesses