As many business owners already know overtime rules are traditionally pretty standard. There are two basic principles: One, if you pay more than a very low threshold in salary per year (23,660). And, your employee performs executive, administrative tasks, or is a special class of worker called a professional worker then this employee would not […]
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Entries by CapstoneCPAGroup
Do you want your small business to grow? A CPA is a trusted business advisor who can offer strategic advice that will help get you to that next level. At Capstone CPA Group we tailor all of our solutions to your needs. We believe small business growth is more important than most other offerings. Feel the […]
The State of Michigan has changed a long standing collection issue. Recently the State of Michigan passed and signed into state law, Senate bill 100. Under prior law, when you had an outstanding debt with the State and did not contest your bill prior to it being assessed; The only way to argue the assessment […]
We can help you grow your small business by preparing financial statements to show potential lenders. If you are trying to secure a loan, you may need financial statements or a compilation. See how Capstone CPA Group can help.
Congratulations to young entrepreneurs! You are the catalysts of economic growth. People have started to think about work differently. Similarly, companies are also starting to see freelance and contract jobs as a benefit as well. Plus, job connection sites have made it easier to connect businesses with freelancers looking for work. Click here for more information […]
To all our friends and family we want to wish you a very Merry Christmas!
One of the most important things to understand in the construction industry is how to bill for services. Once you have a better understanding of the billing structure it is much easier to compare bids and construct the contract. This post is not a complete list of all forms of construction contracts and there may be instances […]
Thanksgiving is a time to reflect on everything we are thankful for. With that in mind, I wanted to take a minute to thank my family, friends and loved ones for all of their love and support in the last year. I love Thanksgiving because it is a time to get together over a meal with everyone […]
Five tips to help small businesses reduce the risk of a tax audit. While you cannot assure someone that they will be able to avoid a business tax audit, you can help them reduce the risk. You will also notice that most of these items are generally good advice, so if you do find yourself […]
Outsourcing- Definition: Obtain goods or services from an outside supplier in place of an internal source. American companies embrace innovation almost as much as they embrace outsourcing. If you think about it objectively there are very few manufacturing companies that obtain goods from an internal source, in the truest sense. So why would you consider […]