Sometimes buying company vehicles or delivery vans isn’t a feasible move. If you need your employees to do some driving on behalf of your business, reimbursing them for their mileage can be a more economical solution. The IRS agrees, and they create annual rules for maximum reimbursement that employers or self-employed individuals can deduct from their taxes.
A mileage reimbursement policy can keep things simple, and you may be able to deduct a portion of your reimbursement from your business taxes.
We are excited to announce that Mosey has successfully received our SOC 2 Type 2 certification!
At Mosey, we understand the critical importance of safeguarding our customers’ information, and we take this responsibility seriously. Our attainment of SOC2 Type 2 reflects our ongoing commitment to ensuring the security and confidentiality of our customers’ data.
SOC2 Type 2 certification demonstrates that our security practices and procedures have not only been rigorously tested and evaluated, but have also proven to be effective over an extended period.
How To Open a Business Bank Account & What You Need
The most important aspect of running a successful business is the ability to buy and sell products or services — and you can’t do that without a business bank account.
A business bank account, which is intended to function differently from a personal bank account, keeps all of your financial affairs in order. Most small businesses will only need one business bank account to serve their financial needs. Here’s how to open a business bank account.
One of the most important parts of operating a business is familiarizing yourself with the proper hiring procedure. It can be equally as important to understand how to properly utilize termination of employment if, for whatever reason, you wish to discontinue your working relationship with that employee. Employees also need to understand how termination of employment works in order to ensure that their workplace rights aren’t being violated.
What Is Termination of Employment?
If you’re considering establishing a limited liability company (LLC) in California, there are several key pieces of information you need to know before embarking on this journey.
This guide is tailored to offer you a clear roadmap so that you can navigate the process with confidence and ease. If you’re ready to get your entrepreneurial dreams off the ground, let’s get started.
What Is an LLC? An LLC, or limited liability company, is a popular business structure.
At-will employment changes the relationship between an employee and an employer. Both parties involved in the relationship need to understand the rules and regulations surrounding at-will employment and how they can affect the workplace. Here’s how at-will employment impacts employer and employee rights and how to abide by exceptions to the rules.
What Is At-Will Employment? At-will employment refers to an employment relationship dynamic. At-will employment means that the employee and employer relationship is considered a voluntary, or “at-will” association.
Doing Business in Georgia as a Foreign Corporation
Expanding across states can be a key move in the economic development of your business. However, there is no unified process for registering as a foreign corporation. Each state has its own rules and regulations you must follow if you’re conducting business within that state as a foreign corporation.
Additionally, each state has its own definition of what it means to be a foreign corporation, and there are plenty of incentives to get started on your expansion.
Doing Business in New York as a Foreign Corporation
New York City is a thriving hub for businesses of all sizes and shapes. Whether you’re a small business or a growing startup, the “Big Apple” and its surroundings offer a dynamic environment for growth and innovation.
Before we jump in, it’s crucial to understand the landscape, particularly if you’re a foreign corporation. Let’s go through the essentials of doing business in New York, ensuring you’re well-equipped to properly tackle it.
The mark of a successful business is their ability to grow. If you want to expand your continued success into other markets across the United States, there may be situations where you’re required to register as a foreign corporation.
Each state has its own rules and regulations regarding when a business should register as a foreign corporation. Here’s what you should know about expanding your business into Texas.
What Does It Mean To Be a Foreign Corporation?
When it comes to business taxes, it can be tricky to know what you should be doing and when you should be doing it. Today, we’re breaking down the basics of franchise tax, how it works, and why it’s so important for your business operations.
What Is Franchise Tax? Franchise tax stands as a distinct obligation, differing fundamentally from income tax. States levy this tax on businesses for the privilege of operating, incorporating, or maintaining a legal entity within their jurisdiction.
