California Minimum Wage Rising to $13 for Larger Firms

On Jan 1, 2020, California increased the minimum wage for workers employed with larger firms (at least 26 employees) in the state to $13/hour. The minimum wage for employees employed with smaller firms has been raised to $12/hour. California has been continuously increasing its minimum wage since 2017. The end goal of $15/hour will be reached by 2023. Around 20 Californian cities already have a higher minimum wage rate than the state’s mandate. Speaking to the San Diego Union-Tribune, Californian Assemblywoman Lorena Gonzalez, a long-term advocate for workers’ protection, highlighted the need for a higher minimum wage. She said that [...]

6 Reasons You Should Outsource Accounting

Cash flow is the lifeblood of any business. How businesses manage their cash flow can mean the difference between success and failure. Every business needs a system for measuring, processing, recording, analyzing, reporting, and summarizing financial information. Accounting does exactly that. From preparing and analyzing financial records to computing taxes, accountants perform a number of tasks. Accounting principles and concepts are complex, to say the least. Rather than burdening your employees with accounting tasks, consider outsourcing your accounting to an accounting firm in Santa Rosa. Hiring expert accountants in Sonoma County who specialize in forensic accounting, management consultancy, recovery, taxation, [...]