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We’ve aggregated 36 of Patriot Software’s headlines and news stories over the past 3 months.

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Top Patriot Software News

How to Start a Microbusiness, Microloan Options, and More

Entrepreneurs · Czechia

How to Start a Microbusiness, Microloan Options, and More

100% Left coverage: 1 sources

Have you heard of a microbusiness? Even if you haven’t heard the term, you probably could list at least five microbusinesses off the top of your head. A microbusiness is a small business with fewer than 10 employees—think your local coffee shop, boutique, or food truck. This article introduces you to the wonderful world of […]See the Story

In-house Payroll vs. Outsourcing: Can I Handle My Own Payroll?

In-house Payroll vs. Outsourcing: Can I Handle My Own Payroll?

Payroll is a complex process that involves calculating wages, withholding taxes and deductions, and more. Because of its complexities, you may not know how to process payroll—in-house or using a third party. What’s the difference between in-house payroll vs. outsourcing? In the past, you could have more time (outsourcing) or more money (doing payroll in-house). […]Read Article

HRA vs. HSA: Understanding the Differences for Employees

United States · United States

HRA vs. HSA: Understanding the Differences for Employees

In 2023, health spending increased by 7.5%. Most workers in the United States—96%—believe a job should offer health insurance. There are several health benefits you can provide, including HRAs and HSAs. What’s the difference between an HRA vs. HSA? HRA vs. HSA: What’s the difference? HSAs (health savings accounts) and HRAs (health reimbursement arrangements) are […]Read Article

How to Create a Profit and Loss Statement | Step-by-step Guide

A profit and loss statement is one of the most important tools you have in your business to determine profitability. Do you know how to create a profit and loss statement? If not, read on to learn everything you need to know to create a profit and loss statement for your business. And, find out […]Read Article

What Is the Difference Between Net Income vs. Gross Income?

Understanding how your business earns—and keeps—money is fundamental to financial success. You can look at gross income and net income to gauge business profitability. But what is the difference between net income vs. gross income? And why does it matter for your business? Let’s break it down so you can confidently navigate your company’s financial […]Read Article

Payroll-to-revenue Ratio: How Much Should Go to Payroll?

Are you spending too much of your company’s hard-earned revenue on payroll expenses? You can use the payroll-to-revenue ratio to find out. The payroll-to-revenue ratio can help you gauge efficiency and profitability for improved decision-making. Read on for the formula, steps to calculate it, and more. What is a payroll-to-revenue ratio, and why does it […]Read Article

Is a Cell Phone Reimbursement Taxable?

As many as 98% of organizations provide full or partial cell phone reimbursement to employees for their mobile phone expenses. You might have a few questions about mobile phone reimbursements. How do you handle mobile phone reimbursements when it comes to taxes? Are cell phone reimbursements required by law? Read on for the scoop. What […]United States · United States Read Article

Maryland Sick and Safe Leave | Paid or Unpaid Sick Leave Law

Like several other states, Maryland requires that employers provide sick leave. Maryland sick and safe leave ensures employees receive paid or unpaid time off when they cannot work. What are the details of the Maryland sick leave law? Read on to find out. What is Maryland sick and safe leave? The Maryland Healthy Working Families […]Maryland · Maryland Read Article

Paid Sick Leave Laws by State | Chart, Map, and More

Typically, employers get to choose whether they want to offer types of paid time off, like sick leave, to employees. But depending on your business location, you might not have a choice. Little by little, paid sick leave laws by state are on the rise. If your employees work in a state with mandatory sick […]United States · United States Read Article

Choosing A Payroll Company - Doctors Business Network

There are over 400,000 payroll companies currently operating in the United States. How are you supposed to find one that’s right for your medical practice? First, consult with your attorney, financial advisor, or an independent CPA about the benefits of outsourcing your payroll to a third party. Next, obtain referrals from other medical practices similar to yours in size and scope. Third, consider using a top payroll company such as Paychex, ADP…Taxes · United States See the Story

What are Fringe Benefits? | Definition, Types, and Examples

Employers often want to offer attractive compensation packages to bring in good employees. But, compensation goes beyond an employee’s hourly or salary wages. It also includes additional small business employee perks, known as fringe benefits. So, what are fringe benefits? And, what are the types of fringe benefits? What are fringe benefits? Fringe benefits are […]Read Article

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