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CAVU HCM Blog

Explore a one-of-a-kind boutique payroll and HR technology and services firm where relationships are our number one priority.

Do Subchapter S Corps (S Corps) File Personal Tax Returns?

Do Subchapter S Corps (S Corps) File Personal Tax Returns?

by Jessica Hamby

Explore the unique tax obligations of S corporations (S corps) and how they interact with the IRS. Discover the benefits...

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The New Form I-9: Employer’s Guide to the Updated Employment Eligibility Form

The New Form I-9: Employer’s Guide to the Updated Employment Eligibility Form

by Joe Sharpe, C.P.A.

Discover the updated Form I-9 for verifying employment eligibility in the U.S. Learn about the changes and how employers...

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Recent Changes to Illinois Withholding Exemption Amounts

Recent Changes to Illinois Withholding Exemption Amounts

by Joe Sharpe, C.P.A.

Stay updated on Illinois income tax changes. 2023 personal exemption at $2,425, 4.95% tax rate. Review guidelines for ac...

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Your Guide to Understanding Payroll Deductions

Your Guide to Understanding Payroll Deductions

by Joe Sharpe, C.P.A.

These deductions are crucial in determining the final payroll amount and avoiding potential issues with employees or gov...

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Mastering the I-9 Form: A Guide for HR Professionals

Mastering the I-9 Form: A Guide for HR Professionals

by Joe Sharpe, C.P.A.

Understand the I-9 Form's purpose, complete it accurately, and avoid penalties. Learn more about I-9 Form requirements a...

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Avoid Unnecessary Federal Tax Withholding for Students

Avoid Unnecessary Federal Tax Withholding for Students

by Joe Sharpe, C.P.A.

Ensure that your child does not have federal income taxes withheld from their summer job wages. Let's explore the detail...

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1099 vs. W-2 for Independent Contractors and Employees

1099 vs. W-2 for Independent Contractors and Employees

by Joe Sharpe, C.P.A.

Understand the difference between employees and independent contractors, tax requirements, and the impact on payroll and...

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W-2 vs. Final Pay Stub: Understanding the Difference

W-2 vs. Final Pay Stub: Understanding the Difference

by Joe Sharpe, C.P.A.

CAVU explores why W-2s and year-end pay stubs tend to differ and how you can account for apparent misalignments on each ...

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Taxable Fringe Benefits & Including Them on W-2s

Taxable Fringe Benefits & Including Them on W-2s

by Joe Sharpe, C.P.A.

It is essential to understand which fringe benefits are taxable and how they should be applied to employee W-2s and CAVU...

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