bonus or raise?

If I had to choose only one word to describe the source of all pain and pleasure for a small business, it would have to be CASH. A startup lives and dies by its cash flow and keeping overhead expenses in check is one of the most critical factors in managing that fragile lifeline. [...]

contractors vs. employees

A lot of young companies struggle with the idea of contracting additional help or hiring full time employees. On one hand you are really excited that you have so much work you need to bring on more staff but at the same time the idea of payroll, benefits, withholding tax and other full-time employee administrative [...]

taxable health benefits – who should pay?

When new companies are starting out and want to provide employees with health benefits as a perk, the question always comes up regarding who should pay for the benefits. This seems fairly obvious (the company should pay) but there are certain situations where it is actually better if the employee pays.
Payroll ‘best practices’ are to [...]

is there a US equivalent to the Record of Employment?

In Canada, when an employee stops working for the company (layoff, dismissal, mat leave, termination, etc.) there is a mandatory requirement to provide a Record of Employment (ROE) within five calendar days. This record is required for the employee to claim unemployment insurance. I was recently asked if there is a similar equivalent in the [...]