Posts Tagged ‘Payroll’
Payroll Cards: A Raw Deal for Employees?
Bad news for employers using payroll cards to pay their employees: A federal regulator is now saying employers can’t require employees to use them, and must offer an additional payroll option as an alternative, according to the Wall Street Journal.
Read More Salary vs. Hourly: How Are You Paying Your Employees?
What is the best way to pay the people who work for you? Should you pay them by the hour, or would putting everybody on salary be a better idea? There are benefits and drawbacks to both options.
Read More Pay Your Employees while on the Go
For small business owners who don’t expect to always be in the office, there need to be processes set in place that maximize productivity when working from a remote location.
Read More Outsourcing Payroll vs. Doing It In-House
When you first started your business, doing the payroll was pretty easy. You paid yourself and maybe one or two employees. You could do the whole shebang in a couple of hours using desktop PC software. Now, though, your company has grown.
Read More Start Now to Save on Small Business Tax Preparation for 2014
Although it seems that tax season just ended, it is important to prepare for the future. Tax preparation is something every business owner should constantly keep in mind, and the 2014 tax season will approach quickly.
Read More Where Should You House Payroll for Your Small Business?
Every business must have payroll in some form or other. Traditionally, payroll has been one of the most outsourced processes in the business world. But despite the number of solutions available, the choice boils down to a simple dichotomy—keep your payroll in the hands of in-house administrators, or outsource your payroll to a traditional payroll service.
Read More Protect Your Cash, Part 2
In this second of three parts, here are more easy procedures to implement so that you protect your hard earned cash. The person who signs the checks is not the same person who balances the checkbook.
Read More Contractors Must Really Be Independent
How many of us have “hired” independent contractors over the years, a bit worried over the gray area between employee and contractor as defined by the IRS? I’ve experienced the results of a wrong decision, and the IRS and state agencies are not forgiving in their pursuit of penalties, interest, and (most damaging) assessing a company with both employer and employee taxes when reclassifying the person as an employee.
Read More How Employee Leasing Works
When you started up your business, it was probably not because you love running your own human resource department and wanted to deal with hiring and payroll issues. These days, many small companies are using leasing firms to handle many of their staffing issues.
Paying Employees Who Do Not Have Bank Accounts
Many employers use direct deposit to issue paychecks. However, this is a problem for employees without bank accounts, and in certain industries there are large numbers of “unbanked” workers. But you have some options about how to solve this problem.
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