Understanding the Difference Between Exempt and Non-Exempt Employees

Understanding the Difference Between Exempt and Non-Exempt Employees by Rose Ann @Blaizeaccountingservices.com

As a small business owner, understanding the distinction between exempt and non-exempt employees is crucial for effective payroll processing and compliance with labor laws. Exempt employees are typically salaried and are not entitled to overtime pay under the Fair Labor Standards Act (FLSA). They are exempt from certain wage and hour regulations. This is because…

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Cash vs. Accrual Accounting: Which Is Right for Your Small Business?

Cash vs. Accrual Accounting by Tania @Blaizeaccountingservices.com

When it comes to managing your finances, one of the most critical decisions you’ll make is choosing between cash and accrual accounting methods. Understanding the difference between cash and accrual accounting can make a huge impact on your bottom line. So, let’s dive in and break it down in simple terms. Cash Accounting: Keeping It…

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