Blog articles about finance, HR, and tax

How Is Compensation Determined? - The Full Guide

When we talk about compensation we are speaking about more than an annual salary or monthly wage. Compensation is a much broader system of recompense for a job and usually... Read More

By Samantha Clark

Apr. 21, 23

Tax

134

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Who Created Income Tax? - What to Know

No one likes paying income tax but as Benjamin Franklin said ‘nothing is certain except death and taxes’ so we’ve all come to accept it. But who created... Read More

By James Wilson

Apr. 18, 23

134

What Are The Different Types Of Compensation? [Ultimate Guide]

Finance

110

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What Are The Different Types Of Compensation? [Ultimate Guide]

Many people are confused by the term compensation and how it relates to employment. If you have ever wondered ‘what are the different types of compensation?’... Read More

By Samantha Clark

Apr. 12, 23

110

Mandatory Vs Discretionary Spending - The Full Guide

Finance

108

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Mandatory Vs Discretionary Spending - The Full Guide

Federal spending is divided into two main categories, mandatory and discretionary spending. But what do these types of spending mean, and where does the money go? We take... Read More

By James Wilson

Apr. 10, 23

108

Trial Balances And How They Work - The Beginner’s Guide

Finance

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Trial Balances And How They Work - The Beginner’s Guide

Trial balances are a type of booking-keeping method. They contain all the ledgers of a business and split them into credit balances and debit balances. A trial balance is... Read More

By Samantha Clark

Apr. 07, 23

The Pros And Cons Of A Bi-Weekly Payment Strategy

Payroll

161

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The Pros And Cons Of A Bi-Weekly Payment Strategy

Bi-weekly payments are a very common strategy for businesses, but what one person considers a perfect schedule another thinks is a nightmare. Really there is no right or... Read More

By James Wilson

Apr. 05, 23

161

Why You Should Set Up A Semi-Monthly Pay Schedule

Business Operations

141

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Why You Should Set Up A Semi-Monthly Pay Schedule

Most employers pay their employees monthly or weekly. Monthly payments allow employers to balance their financial figures with bills and income, while weekly allows employees... Read More

By Samantha Clark

Mar. 31, 23

141

What Is The Role of HR During A Termination?

Human Resources

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What Is The Role of HR During A Termination?

HR plays an integral role when it comes to terminating an employee. For many companies, termination is a last resort, and thankfully, this doesn’t tend to happen too... Read More

By James Wilson

Mar. 29, 23

What Are The Pros & Cons Of Being A Business Manager?

Human Resources

1020

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What Are The Pros & Cons Of Being A Business Manager?

Many people find the path of a business manager an extremely appealing venture. It’s a chance for you to take charge, and demonstrate your leadership and management... Read More

By Samantha Clark

Mar. 26, 23

1020

The 9 Essential Basics That All Bookkeepers Should Be Aware Of

Finance

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The 9 Essential Basics That All Bookkeepers Should Be Aware Of

If you’re getting started in your bookkeeping career, knowledge is power! Here are some of the basics of being a bookkeeper that you should definitely be aware of.... Read More

By James Wilson

Mar. 21, 23