Top 9 Use Cases and Benefits of Payroll Automation in 2024

Since automated payroll can expedite the process, it also has the power to give employees a glimpse into their upcoming checks. By seeing their pay early, workers have a unique opportunity to prepare accordingly and make informed decisions around their money. While garnishments and support orders should still be verified by HR, payroll automation can […]

What is Form 8960: Net Investment Income Tax

Income from one may need to be reported as income on line 7 of the federal tax form. If you are involved in trading financial instruments, the tax bracket you are in may affect the amount of tax you owe. This is especially when dealing with complex tax situations. Some of these involves regular income, […]

Worried You Might Be in a Dying Industry?

It’s a ‘win-win’ situation for all concerned, bar those who exclusively market themselves as bookkeepers. Does this mean that bookkeeping is dying out, if not already extinct? Well, in a professional sense, it is; services do not survive if people are no longer willing to buy them. If you think about it, there hasn’t been […]

Balance Sheets 101: What Goes on a Balance Sheet?

The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation. Note that in our model, the “Total Assets” and “Total Liabilities” line items include the values of the “Total Current Assets” and “Total Current Liabilities”, respectively. […]