Financial Advisory Blog

Armanino’s Financial Advisory blog is your source for thought leadership around cloud ERP and accounting solutions and integrations. Supported by the Cloud Accounting Institute and numerous experts in cloud, finance, reporting, integration, compliance, and technology, Armanino’s Financial Advisory blog features must-read content on what’s happening in the finance industry, case studies, white papers, and much more.

July 3, 2018

How to Fire Someone the Good Way – Prevent Wrongful Termination Lawsuits

Being good at firing people is critical if you want to avoid a wrongful termination lawsuit.  It’s never a fun task, but it’s an unavoidable part of doing business.  In our opinion, there are two simple rules of thumb when you are terminating an employee: Be kind. Be professional, yes, but if you have to …

May 31, 2018

ABC Test: Freelancers Are Now an Even Bigger No-No in CA

On April 30, the CA Supreme Court issued a long-awaited ruling that makes their description of “employment” even clearer.  (See Dynamex Operations West, Inc. v. Superior Court, Cal.5th, 2018 WL 1999120).  If you thought you had the employee vs. independent contractor (freelancer) thing nailed, you might need to think again. The good news, and the …

April 3, 2018

No, You Can’t Wriggle Out of Paying Overtime

Looking for an easy way out of paying overtime? We don’t blame you. It’s a convoluted issue that (ironically) makes accounting teams put in longer hours to comply with all the various labor mandates. You can’t simply raise pay, however, or change a title to make a position exempt from overtime. And if you try …

March 16, 2018

How to Keep Workers’ Compensation Costs Low

Workers’ compensation insurance is a vital piece of company-owned insurance. As an employer, you are legally obliged to carry the insurance if you employ one or more workers, unless you have employees in a state that doesn’t require coverage (e.g. Texas). Rates are calculated based on two factors: your gross payroll, multiplied by a rate …

Marijuana in the Workplace – Clearing the Smoke

Since 1996, 29 states and the District of Columbia have legalized medical marijuana.  There are currently nine states, as well as DC, that have adopted laws legalizing cannabis for recreational purposes.  As the use of marijuana, both medically and recreationally, increases in the United States, employers should review their policies―specifically regarding drug testing, company policies and …

California’s New Parent Leave Act (NPLA)

When it comes to parental leave, administration and tracking can get complicated, since there are multiple federal, state and local laws that govern it.  The new California New Parent Leave Act (NPLA) applies specifically to small businesses. Effective January 1, 2018, California enacted the NPLA, expanding this entitlement leave to smaller businesses that weren’t subject to these …