Search Results for: iris
Use Canadian Payroll Services to Effectively Manage Risk
Are you aware of the fact that neglecting to properly manage your company’s payroll could be putting your business at serious risk? If your company’s payroll is audited by the Canada Revenue Agency (CRA) and is found to be lacking or non-compliant, you could face severe penalties. Think that the chances of being audited are […]
myPay Workforce Management
Last quarter, we highlighted our new time keeping and HR solutions through partnership with SwipeClock to bring you myPay Solutions WorkforceHUB powered by SwipeClock. This quarter, we thought we’d let the words of some of our happy clients speak for the benefits and user-friendliness of this new offering: “Our Company’s experience with myPay solutions has […]
What Employers Should Know about HSAs
Health Savings Accounts (HSAs) are a tax-smart way to cover an individual’s uninsured medical expenses, as well as certain other out-of-pocket medical, dental, vision, hearing, long-term care expenses and insurance premiums. Your business can set up HSAs for qualifying employees. Then the business can fully or partially fund the accounts or let employees fund them with […]
Guide to Sending Money Overseas
There are migrant workers all over the world who need to send money back home to their family and friends. This might be as a one-off, or it could be on a regular basis depending on individual circumstances. Learn about the various ways it’s possible to send money overseas. How to send money overseas using […]
Which Country Has The Best Paternity Leave?
Legislative parental leave across the globe ranges from a generous 156 weeks (three years) – to none at all. Paternity leave can cause particular concern, because so many countries still treat fathers considerably different to mothers in this respect. Scandinavian countries are known to lead the way when it comes to paternity leave, offering parents […]
Key Considerations for Belgian Payroll in 2020
Belgium’s free-market system has always been attractive to foreign investment. With a competitive corporate income tax rate and simple process of delivering Belgian payroll, this small European kingdom has proven lucrative for many businesses. If you’re planning on sending US employees to Belgium, here are five key considerations to ensure a smooth payroll transition. Key […]
8 Best Countries to be Self-Employed
Self-employment has been steadily growing in popularity all over the world in recent years, and it’s predicted only to become more prevalent. In 2019, financial services company Payoneer carried out research to produce the Global Gig Economy Index, in which they asked more than 300,000 freelancers about their success. They found that year-on-year, freelancers in […]
Practice Engine reveals new name, website, and latest release
Today marks the beginning of a new chapter for Practice Engine. As we make strides to improve your experience with us and to help your organization look forward with confidence, we have a new name – IRIS Practice Engine. This reflects our close alignment with IRIS Software Group, our parent company, following last year’s acquisition. […]
Accounting Firm Workflow Challenges Checklist
What Is Workflow, And Why Is It Important For Accounting Firms? Workflow is defined as a ‘progression of steps (tasks, events, interactions) that comprise a work process, and create or add value to the organization’s activities.’ An effective workflow allows firms to: Use this checklist of 16 workflow issues to understand where workflow improvements can […]
Why Danes Appreciate the High Danish Income Tax Rate
Among many things, Denmark is known for being an expensive country in which its residents pay a high rate of income tax. However, it’s also known as being the home of some of the world’s happiest people. According to the UN’s annual World Happiness Report, Denmark is always among the top spots of the world’s […]
FASB Defers Effective Date for ASC 842 in Response to COVID-19
In a move to counter the effects of the COVID-19 pandemic on the implementation of certain accounting standard updates, FASB has on June 3rd announced the issuance of Update 20-05, Effective Dates for Certain Entities. This has an immediate effect with regard to GAAP-compliant financial statements. As well as setting new deadline dates for the implementation by […]
