Roadmap to a W-2

W-2’s can be confusing for employees and employers. Never again have to answer the question, “Why do my taxable wages not match my last pay stub?” Here is a roadmap to the basics:
Biz Hippo Roadmap to a W-2

Evolution of Outsourced Accounting

Payroll was the first accounting process to gain popularity in outsourcing. A 2014 survey claims 48% of companies under $25 million in annual sales outsource their payroll. I couldn’t find a more recent number, but I’m confident it has continued to climb. The technology for data-sharing wasn’t there, but payroll was painful enough that businesses worked around it. Read More

The Cloud is Your Friend

I still read articles that discuss the “upcoming” cloud technologies as very new and you will have to make a decision in a few years to embrace it. (These articles are often in accounting publications, embarrassingly enough.) Sorry folks- the technology is here now and you need to embrace it now or be left behind very quickly. So Read More

Playing Office

I once worked with a brand-new start-up with investors anxious to start expanding. However, the president was regularly wandering off in the weeds getting the accounting set up, state registrations completed, and post office boxes set up.  I agreed that those items are necessary, but the problem was that he kept insisting he do the tasks himself. Unfortunately, despite several interventions from shareholders Read More

Your Brand and Online Presence

There was a day when your corporate identity was tied to engraved letterhead and envelopes. Obviously, it is a new day. You probably still need a logo and business cards, but your domain name and web presence should now be a big part of your business branding. Every company needs a web presence regardless of what they do. Read More

Estimated Taxes for Individuals

Hopefully, you have put your 2018 taxes to bed and are ready to focus on 2019. If you were hit with a payment surprise on this year’s individual tax return, you may have promised yourself to pay more attention to your estimated taxes this year. Read More