CALIFORNIA – NEW EMPLOYMENT LAWS in 2022

2022 will provide no exception to the ever-shifting nature of California employment law. Governor Gavin Newsom signed many new laws affecting California employers in 2022. Some of the new laws of particular importance are listed below. The effective date of each new law is indicated in the headings. All California employers should ensure they are…
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Protecting Your Small Business from Cyber-attacks …and Developing a Stronger Approach to Cybersecurity in 2022

In a recent study by the Small Business Association (SBA), 88% of small business owners felt their business was vulnerable to a cyber-attack – malicious emails, attacks and phishing campaigns to name just a few. And business owners have good reason to be concerned. According to the FBI, the cost of cybercrimes reached $2.7 billion…
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A Thankful Message from Protea Financial Director Zane Stevens

November is a month to reflect and be grateful for all the good we have in our lives. While we may be thankful for things throughout the year, we don’t always vocalize those thanks. Tomorrow is Thanksgiving, though, and I want to put my personal thanks into words. I want to let everyone know how…
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What is a W-2?

One vital task every business owner must do annually is generate and submit W-2 forms to their employees, the IRS, and other entities. These forms are important because without them, employees cannot complete their tax returns. However, while some parts of the form are fairly self-explanatory, some are not. Understanding what a W-2 is and…
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Protea Conversations: Rae Paulson

Protea Financial was founded in 2014 to provide high quality out-sourced accounting at an affordable price.  Given Protea’s flexible work environment, the Company especially appealed to accountants who wanted to re-enter the work force after taking time off to start a family. This allowed Protea to attract extremely talented individuals who were overlooked.  Over 80% of both Protea’s…
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Advantages of a Virtual Bookkeeper Over a Physical Bookkeeper

If you recognize that your business has reached the point of needing a bookkeeper, you have two options: you can hire a local bookkeeper you can meet with in person, or you can hire a virtual bookkeeper. While outsourcing your bookkeeping to a virtual contractor is a fairly new concept, there are a number of…
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