Posts Tagged ‘Payroll’
Why Your New Small Business Needs Payroll Software
You’re a new small business and the world is at your feet—as are a 100 million other clichés and things to do. Here lies the question: Should you spend hours calculating payroll and writing paper checks or would that time be better spent focusing on growing your business? This is why the review site, Software Advice,…
Read More5 Tech Tools Your Business Needs to Be Using
I’ve been working in technology and web-related businesses for about 10 years now, and it still shocks me how many small businesses don’t take advantage of all the amazing tools out there to make their lives easier. Anyone with home repair skills would feel the same if they saw the awful mess that is my…
Read MoreWhere the Top 4 Small Business Payroll Processing Errors Occur
Did you know that as soon as you hire on a person to assist you with your self-employed business, you immediately have to add payroll expenses to your overhead costs? Small business payroll expenses often fall between 15 and 30 percent of a business’ entire gross income, and can fluctuate to as high as 50…
Read MoreHow to Manage and Pay Tipped Employees in Restaurants
In the restaurant industry, tips are more than something you’d associate with a homespun tip jar by the cash register—they’re a primary source of income for tipped employees. The catch is tips are also taxable income with specific responsibilities for employees and employers. Tips Are Not Small Change In its research, the National Restaurant Association (NRA) states that restaurants…
Read MoreWhat You Need to Know About Payroll Tax Deadlines
From the moment you hire your first employee, you quickly realize there’s a lot more to payroll than simply issuing a check. For example, there are federal, state and even local taxes that need to be deposited (paid) and reported. Of course, just to keep things interesting, there’s an accompanying maze of deadlines. But don’t…
Read More6 IRS Payroll Tax Penalties That Will Hinder Your Business Growth
This post is written for American companies. ???? If you are a Canadian business, please refer to Remitting Payroll Deductions – Penalties For Missing A Payment. An IRS penalty is an unnecessary financial burden that’s completely avoidable. We know how hard it is to run a small business. You can work through the night, over the…
Read MoreHow to Perfect Your Payroll Process
Small businesses need to receive revenue to survive, but they also need to provide payroll to maintain a dedicated workforce. Payroll is an important business asset that needs to be done right, so here are four tips to perfect your small business payroll performance. User the Right Software There are many affordable software options available,…
Read More5 Easy Payroll Steps for Your New Business
7 Handy Payroll Tips for Small Business Owners
5 Payroll Tax Mistakes to Avoid
