Jaime

By: Marshall Hargrave In the race to keep employees happy, employers have gone to great lengths, providing things like dry cleaning pickup and bring-your-dog-to-work days. In truth, the types of benefits you offer, whether health insurance or certain unique benefits, will depend on the type of work environment you are trying to cultivate and the […]

By: Ritika Puri What are payment terms? Payment terms are an agreement that outlines how, when, and by what method your customers or clients provide payment to your business. Payment terms are an agreement that outlines how, when, and by what method your customers or clients provide payment to your business. They’re the backbone of

By: Marshall Hargrave FICA Tax Definition: FICA taxes are federal payroll taxes used to fund Social Security and Medicare programs. The total FICA tax rate is 15.3%, with 12.4% allocated to Social Security and 2.9% for Medicare. Both employees and employers contribute to these taxes, each paying 7.65% of the employee’s wages. Keeping track of