Running a restaurant sometimes feels like your hair is constantly aflame. Shift to shift, week to week, serving your customers takes hard work that often goes unseen (and maybe a little unappreciated, too). You don’t have a lot of time to make mistakes, especially when it comes to back-office tasks. Having smart tools that enhance […]
Payroll
7 Signs Your HR Process isn’t Scalable
Have you ever developed a human resource process as a band-aid to a larger issue? Do you breathe a sigh of relief after every payday because you managed to pay your team correctly and on time? HR problems plague companies of all sizes, from brand new startups to Fortune 100 organizations However, they should not […]
How Timekeeping and Payroll Work Together and Why It Matters
Anyone running a business knows that hiring and paying employees—which we lump together into the category of labor costs—are some of the largest kinds of business expenses. From scheduling and tracking hours to approving and importing those hours into payroll, even the process of managing timekeeping can be unwieldy. Your ability to record and track […]
SMB Bookkeeping: What to Do and When
Managing finances is a top priority for small and midsized business owners. Bookkeeping is a large part of that. Some bookkeeping tasks need to be done only once per year. Others require your attention more often—daily, weekly, or monthly. Here’s a guide to what bookkeeping tasks you need to do and when to do them. […]
Income Tax vs. Payroll Tax: The Difference for US Payroll
Not all taxes are created equal—in terms of responsibilities, at least. When we see the words “income tax,” we may immediately associate them with our personal taxes we file each year. Or we even think of income taxes for businesses. But what really are payroll taxes? And are they really that different from the income taxes businesses […]
7 Tips for Managing Payroll When Cash Flow is a Problem
Money management is a core part of running a business of any size, but it can fall by the wayside when other tasks become distracting. If you stop ensuring that all your sums add up, you might not notice a difference immediately, but soon enough your operation will hit a wall. Worse still, that trouble […]
Payroll Tax vs. Income Tax: How They Work for Canadian Payroll
Payroll tax and income tax. These two short, simple words are the source of so many payroll questions (and confusion). It’s really no wonder because as laypeople, we hear or read “income tax”—we think personal income tax or possibly business income tax. Payroll taxes, on the other hand, are often an unknown and rather eye-opening […]
Why Did I Receive a Payroll Tax Notice?
Letters from the IRS are never fun. What makes it worse is not knowing why you got one in the first place. When it comes to payroll tax payments and potential fees, you want to get to the heart of the issue ASAP. But first, take a deep breath… It’s likely that you missed a simple […]
Comparing Payroll Software: What You Need to Know
When you started your business, choosing online payroll for your small business probably wasn’t one of your most top-of-mind priorities. That is until you need to pay yourself or you hire your first employee. That’s when you quickly realize how much time it takes to run payroll manually. Perhaps this is why payroll is one […]
Insurance Policies That Can Protect Against Payroll Mistakes
Running any business is rewarding, but it also comes with risks. No matter how prepared you think you are, there will always be challenging instances. And you need to make sure you’re well-protected. From financial protection to preserving your brand and reputation, business insurance can help shield you from a business disaster. Insurance is crucial in any […]
