Over the years, the way people send and handle money has undergone a significant transformation. Cash once dominated transactions, but today electronic payments have largely […]
Payments
DCAA Compliance Explained: What It Is and Why It Matters
The Defense Contract Audit Agency, commonly referred to as the DCAA, plays a critical role in maintaining accountability within government contracting. It operates under the […]
The Durbin Amendment Explained: What You Should Know
The Durbin Amendment is one of the most consequential but least understood provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which was […]
The 9 Best Payment Processors for 2025: A Complete Guide
Payment processing companies play a crucial role in modern commerce, enabling businesses to accept payments from customers both online and in physical stores without needing […]
Top 4 Payroll Apps Every Small Business Should Consider
Payroll management is an essential task for any business, but it can be especially challenging for small business owners. Unlike large corporations that have dedicated […]
6 Best Employee Management Tools for Small Businesses in 2025
Managing employees is more than just tracking hours and issuing paychecks. It involves creating an ecosystem where workers feel valued, engaged, and aligned with the […]
Payroll Reports Explained: What They Are and 5 Key Types
Payroll reports are critical documents that summarize various aspects of employee compensation, deductions, taxes, and related financial data. These reports serve multiple purposes, including ensuring […]
Understanding Prenote Authorization: A Quick Guide
A prenote authorization is a preliminary step used by banks and payroll departments to verify the accuracy of banking information provided for direct deposit transactions. […]
Overtime Calculation Made Easy: Step-by-Step Guide
Overtime refers to any hours worked beyond an employee’s standard workweek, which in the U.S. is typically 40 hours. Employees who work overtime must be […]
Understanding Form 940: A Guide for Employers
Form 940 is a crucial tax form that every employer in the United States must be familiar with. It serves to report the annual Federal […]