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Sales Tax Updates from House Bill 8

Legislative Changes from House Bill 8

Obtaining Accounting Data Efficiently

Whether a business reconciles their books monthly, quarterly, or even annually, financial...

What is National Payroll Week and why is it important?

National Payroll Week recognizes the hard work and dedication of America’s workers and the...

Sales Tax Rate/Due Dates/Nexus/When to Collect

  1. Sales Tax Rate:
  • The state sales tax rate in Kentucky is 6%. This is a flat rate applied to all...

Kotapay Benefits for Businesses

Kotapay is a leading electronic payment processing company, including ACH payroll direct deposits,...

How to Choose between Cash vs. Accrual Accounting for Your Business

Are you unsure if cash or accrual accounting would be the best method of accounting for your...

Extended Warranty Services

The definition of "extended warranty services" in KRS 139.010(15) now includes "prewritten computer...

Four Functions of AP

What is Accounts Payable? What does Accounts Payable do? These are important questions for business...

GAAP VS TAX

GAAP (generally accepted accounting principles) refers to a common set of accounting principles,...

Importance of Filing Quarterly Payroll Tax Returns

Businesses with one or more employees are required to withhold and pay withholding. Depending on...