Each year in the U.S., about 400,000 new businesses open their doors. While many small businesses never hire employees, roughly 19% (5.9 million) of small businesses in the U.S. do have paid employees. Unfortunately, many small business owners treat human resources much like they treat disaster recovery planning: they neglect it until there’s a real […]
Payroll
How Payroll Software Can Help Businesses Avoid Audits, Other Tax Troubles
No one looks forward to tax season. The fear of being audited alone looms large as you submit the paperwork you went over dozens of times. If you own a small business, this fear might be even more pressing; after all, audits are expensive, time-consuming and emotionally draining. Your concerns are rational. Inconsistencies with payroll […]
Why Q1 is the Best Time to Switch or Start Using Payroll Software
You’ve recently crossed the finish line for the calendar year. Does it mean it’s time to celebrate with your spiked eggnog recipes? Well before you do, we have one more tip to make that beverage taste even sweeter by knowing you’re set up for success in the year ahead. As a business owner, this is […]
Why the New Year is the Best Time to Switch or Start Using Payroll Software
As you reach the final months of any year, there’s the holiday period. (Insert any number of appropriately timed seasonal cliches here.) However, there’s also the process of closing the books on one year of business finances and planning to smooth out any kinks in the year ahead. For many small businesses, payroll is one […]
How to Stop Time Theft from Overwhelming Your Small Business
Even if you’ve never heard the term “time theft,” you’d know it if you saw it. But if you’re a small business owner with employees, chances are good you’ve experienced it firsthand. You might be thinking, “I have employees. I’ve never caught anyone ‘stealing time.’” But that’s what makes time theft so tricky. It’s common, […]
3 Free Tools for Small Business Owners with Hourly Employees
Whatever your business’s budget for office tools, it’s always nice to hear the word “free.” It’s not that you mind paying for something you need, but high prices better come with significant value. But it’s nice when you can employ a free tool, or even a free trial, to help you narrow down the kinds […]
Understanding Payroll Frequency: The Enigma Decoded
A year can be divided in multiple ways: 52 weeks, 365 days, or 12 months. This means there are different payroll schedules that a business owner can follow—weekly, bi-weekly, semi-monthly, or a combination of a few. How do you know which payroll frequency is the most optimal for your business? While there are a few factors […]
Why Small Businesses Need Payroll Software
As a business owner, you want to focus on what your employees can do for your business—rather than getting bogged down by the nitty-gritty of paying them. How often is your mind centered around administrative responsibilities like payroll? Have you ever incurred interest and penalties from payroll errors? When details, like income types and deductions […]
5 Steps for Choosing the Right Construction Payroll Provider
There is no question that payroll is one of the most important aspects of a construction business that needs to be managed effectively. The sheer size of construction projects, as well as a slew of tax regulations, make construction payroll a complex process. Plus, with a large workforce, payroll can be time-consuming and stressful. A […]
Paying Employees in Canada and the US: What You Need to Know
Though Canada and the US share one of the largest geographic borders in the world, there are some stark differences between the two countries—especially when it comes to the regulations related to paying employees. Curious about what makes them the same or different? Do you have or plan on having American employees working for your […]
