Local STEM Problem

 

Miami to West Palm Beach rated 78 out of 100 in a recent Wallethub study of welcoming destinations for people with Science, Technology, Engineering and Math backgrounds. This is a major issue for the area, as it is these backgrounds that create and sustain innovation. The study found an overabundance of low-skill, low-wage labor in the area.

 

This is not a good situation going forward, and should put more energy behind efforts for change.

 

What can you and your company do?

 

Steve Koenig, Score Counselor

Visit us at: www.scoresouthflorida.net

 

 

Small Business Payroll Questions to Consider

  

Payroll is an area that is often confusing for many business owners. Often, this confusion leads to problems with the IRS, resulting in various penalties and interest charges.

 

That's why all business owners need to consider a number of important issues regarding payroll such as:

 

1-Who is considered an employee and who is considered an independent contractor?

 

2-Should I do my own payroll or outsource it to a third party?

 

3-As the owner of the business, what is my employment status and how do I pay myself?

 

4-What are the consequences of hiring a spouse or children?

 

5-What fringe benefits can I offer my employees?

 

6-What federal and state payroll tax returns need to be filed and when are their due dates.

 

7-What are the rules to make federal payroll tax deposits with the IRS.

 

8-What safeguards and procedures should I follow if I outsource payroll to a third party?

 

9-What flexibility do I have regarding payroll in general?

 

10-What paperwork do I need to obtain when hiring employees.

 

11-What payroll records do I need to keep and for how long.

 

IRS Publications 15, 15-A, and 15-B cover federal payroll issues and are free by calling the IRS at

1-800-829-3676.

 

When it comes to payroll, you want to be sure everything is property done, on time, every time.

 

Remember, payroll not only impacts your business and taxes, it also impacts your employee’s taxes as well.

 

This article was written by Donald M. Scherzi, CPA, CFP, LLC

Mike Lupo, SCORE Counselor

Visit us at: www.scoresouthflorida.net

 

Conference for Small Business Owners

Conference for  Small Business Owners

SAVE THE DATE!! You are invited to attend The 8th Annual SCORE Business Conference  Saturday, May 6th - 8:00 AM to 4:00 PM  Saint John Paul II Academy, Boca Raton GOOGLE-GODADDY-YELP-CONSTANT CONTACT-OFFICE DEPOT FOUNDATION and 20 other seminars and experts    Just 500 Free tickets so act NOW! Click here to register Here's Why You Should Attend: Office Depot Foundation's President, Mary Wong who has been named one of America's Top 20 Women in Philanthropy, Social Innovation and Civic Engagement by Philanthropy Media will deliver an inspirational presentation on overcoming personal obstacles, perseverance, success and much more. Google's Stasia Kudrez* will show you how to get the customers you want to your website, get found on Search and get Google to verify your business at the event. Yelp's Genna Gold*, manager of local business outreach, will help you learn the tricks on how to get your customers to rave about you online and convert those raves to sales. Go Daddy's Shawn Pfunder* will teach you fun ways to get and keep customers and get them to purchase more. Constant Contact's Pamela Starr*, director of training for all of North America, will teach you how to build relationships to build your business and increase sales. You will get a free trial account and free setup help at the conference.    Exclusive Appearances by all Speakers* (only time in Florida this year) MORE - MUCH MORE Virtual Reality in Action Demo and how to use it in your business! Workshops and Round tables with Major Speakers and Over 20 Seminars 30 Minute Speed Mentoring Sessions, sign up at conference Networking during the included Breakfast and Lunch Special Feature: Hear from 3 successful local entrepreneurs who have built Multi-million dollar businesses from scratch. Learn how they did it and get timely tips from them and participate in an Open Q & A Just 500 Free Tickets Available Don't Miss Out  Register Now Click Here   or call (561)981-5180 Monday to Thursday 9:00 AM to 12:30 PM

South Palm Beach SCORE 7999 North Federal Highway Suite 201 Boca Raton, FL 33487 (561)981-5180  Please support our sponsors:

Forward this email Constant Contact is a proud sponsor of SCORE South Florida SCORE | SCORE South Florida | 7999 N. Federal Highway | Boca Raton | FL | 33487

Special Counselor of the Month

We are delighted to shine the spotlight on a distinguished member of our staff who by his or her efforts brings great credit to our organization. This month we are honored to salute:

LARRY WEISSMAN 

 

When Larry joined our Chapter, a little over two years ago, he brought with him an impressive portfolio of 35+ years of executive leadership in the fast food industry, along with a sterling record of community service. And it hasn’t taken very long for Larry’s mentoring and leadership skills  to reflect well, both for our clients, and the Chapter itself.
Larry quickly demonstrated his expertise working with clients, and he has broadened that base  by becoming an Online Mentor to  the SCORE national community, where he serves clients across the country by Skype and email.
In addition, Larry has established a new client Roundtable devoted to Sales & Marketing, which he expertly facilitates each month. He also has served on Ad Hoc committees, and currently serves on the Strategic Planning Sub-Committee, where his marketing knowledge will richly benefit the planning process.
When Larry joined the Chapter, members of the CTT commented on the impressive bios of the group he joined with. That observation has richly borne fruit, and we are delighted to announce that Larry has been elected Special Counselor of the Quarter for January, February, and March 2017.
Thank you Larry, for all you do. You truly have made us a better Chapter, and we all congratulate you and wish you continuing success!