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Workers’ Compensation 101 for Small Business Owners

Homebase

As a small business owner, your employee’s safety is likely a top concern. That’s why workers’ compensation insurance—also often called worker’s comp — is mandatory in most states. Understanding worker’s compensation insurance is crucial to protecting both your employees and your business. Let’s dive in!

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How boomerang hiring can grow your small business

Leoforce

How boomerang hiring can grow your small business. Boomerang hiring may seem like a last-ditch effort to keep your small business afloat. Consequently, businesses were faced with a difficult decision: should they rehire previous employees or hire new talent to meet demands? Arya - Recruiting AI Technology.

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Guide To Workers’ Compensation Insurance For Small Business

RecruitLoop

Workers’ compensation insurance covers the medical bills for workplace injuries. It’s mandated in almost the entirety of the United States for business with employees, meaning that it’s likely that your small business will need it.

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Small Business Guide to Effective Recruitment

Recruiting Daily

Recruiting new employees is a pivotal step in the growth trajectory of any small business. For small business owners, however, this process is often daunting given limited resources and brand recognition. Small businesses should also utilize social media, local community boards and industry-specific platforms.

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Imputed Income: A Guide for Small Businesses

Homebase

Understanding imputed income is essential for small business owners, especially when providing competitive benefits—like company cars or gym memberships. Imputed income is the value of any non-cash benefits or services provided to employees that must be treated as taxable income as part of your payroll calculations.

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Everything Small Businesses Need to Know About Form 8233

Homebase

Here we’ll break down exactly what Form 8233 is, the associated tax treaty benefits, eligibility requirements, and how to file Form 8233. Form 8233 is the key to unlock tax treaty benefits and avoid backup withholding on their taxes. The income tax withholding that NRAs may be exempt from is based on compensation for personal services.

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Stress-Free Finance Tips for Small Businesses

Homebase

Still feeling a bit stressed out by your DIY approach to business finances? Our financial cheat sheet and finance tips for small business owners will have you managing your finances with the confidence of a seasoned pro. Income statements Think of an income statement as a financial report card for your business.