Latest Accounting and NJ Tax News

Retaining Gen Y and Gen Z Employees

Retaining Gen Y and Gen Z Employees

Values Gen Y and Gen Z Employees Love Much is said about the nature of generations growing up in the digital age and their expectations as they are continually entering the workforce. These new generations of workers bring with them fresh and exciting ideas, talents, and expertise. However, for any business, one of the most

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Making Your KPIs Known

Making Your KPIs Known

When it Comes to Your KPIs, is Your Team in the Dark? Every type of business may measure success in different ways. It may be in the number of customers, repeat customers, total utilization figures for staff, profits, or something else. Whatever the important measures of your business are, you are undoubtedly tracking these Key

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A Mid to Large-Size Scale Up

A Mid to Large-Size Scale Up

What’s Involved When it’s Time to Scale Up Your Business A vast majority of companies start as a small or medium-sized business, and there’s certainly a level of comfort to that. As a smaller business, risks are likely to be lower, the amount of moving parts to track is less, and you are more able

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Financially Sound Advice for Entrepreneurs

Financially Sound Advice for Entrepreneurs

No matter how promising the potential idea is, failing to take into account certain basic financial truths can be the beginning of the end for any entrepreneur. So, before you take the leap and dive into the world of being an entrepreneur, consider the following key financial steps to take.

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Employee Retention Credit

Employee Retention Credit

The Employee Retention Credit (ERC) is a refundable tax credit intended to encourage business owners to keep their employees on the payroll and minimize the number of workers filing for unemployment benefits. An employer is not eligible for the Employee Retention Credit if they receive a loan under the Paycheck Protection Program.

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Interim Final Rule on Loan Increases

Interim Final Rule on Loan Increases

On May 13, 2020, the SBA and Treasury issued interim Final Rule on Loan Increases, allowing partnerships and seasonal businesses to potentially qualify for higher loan amounts from the Paycheck Protection Program (PPP) – even if they have already received a disbursement.

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Conducting an Internal Audit

Conducting an Internal Audit

Internal audits can be considered a risk management strategy, helping you identify problem areas before they get out of your control, while also ensuring you remain compliant with all applicable requirements, regulations, and codes.

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Are Listening Skills Important In Business?

Are Listening Skills Important In Business?

Key soft skills you should be sure to hone, refine, and perfect in business are your listening skills. Whether it’s in your dealings with customers, employees, competitors, contractors, or anyone else, being skilled at listening actively and thoroughly can make all the difference in the world.

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What’s Your Contribution Margin?

What’s Your Contribution Margin?

Too many leaders are ignoring the importance of their contribution margin, or, worse, don’t even know what the contribution margin is or what it measures. Do you know what a contribution margin measures or why it’s important?

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