Hiring your first employee is exhilarating. Instead of remaining buried by your business responsibilities, you can bring employees on board to alleviate some of your stress. But for many, the endless information about becoming an employer can be overwhelming.Read More Use Our Ultimate Checklist to Hire Your First Employee
Every small business makes payments to operate. Some of these payments must be reported to the IRS or Social Security Administration (SSA). Companies must use information returns to report qualifying payments. Do you need to file an information return?Read More Information Returns Your Small Business May Need to File
As an employer, you may give employees several types of compensation, including direct compensation. So, what’s direct compensation? And, what are the different types?Read More What Does Direct Compensation Include?
You might have heard about per diem pay before. But, are you familiar with Publication 1542? Learn more about Publication 1542 per diem rates and how to calculate per diem pay below.Read More Understanding Publication 1542 Per Diem Rates
Let’s face it: Your finances play a major role in your business’s success. You need to have accurate reporting to know where your business stands financially. Otherwise, you could end up overspending and running your business into the ground. To keep your small business finances in shipshape, learn how to improve financial reporting processes.Read More 6 Tips on How to Improve Financial Reporting Processes
You’re trying to figure out a decent pay frequency for your business. There are a number of popular options, like weekly payroll, and some that are a little more out there, like bimonthly payroll.Read More Bimonthly Payroll: A Rare Unicorn, Is it Even Legal, and More
Everybody makes mistakes. And if you’re an employer, you’ve probably made (or will make) a payroll mistake at some point. If you make a mistake or forget to pay an employee certain wages (e.g., bonus), you might need to provide retroactive or back pay.Read More Can You Spot the Differences Between Back Pay vs. Retro Pay?
Layoffs are sweeping the USA, impacting workers at companies like Shopify, Tesla, and Peloton. At some point, you may need to lay off employees in your small business, too.Read More How to Lay Off Employees: Small Business Edition
When it comes to private industry workers, 77% have access to paid sick leave and 77% have access to paid vacation time. But, what happens if you can’t afford to offer your employees paid time off (PTO)? Or, what if your employees use up all of their PTO and need to take time off from […]Read More Unpaid Time Off: Policy, Payroll, and Beyond
Hiring your first employee is a huge milestone for you and your business.[/inlinetweet] However, becoming an employer comes with many additional responsibilities. If you’re ready to become an employer, you must know which steps to follow.Read More 8 Steps to Follow When Becoming an Employer