When you hire new employees, you are responsible for collecting new hire paperwork. You must gather information, such as an employee’s name, address, and Social Security number (SSN). But, what happens when an employee doesn’t have an SSN? Can you hire someone without a Social Security number? Get the answers to all of your burning […]Read More Can You Hire Someone Without a Social Security Number?
Running your business? You’re a pro. Understanding Form W-2? Probably not so much. But when you have employees, you’re responsible for withholding taxes from their employees’ wages and reporting the amount to the government. Not to mention, employees need Form W-2 to file their individual tax returns. Ready to get a firm grasp on this […]Read More With This Guide, You’ll Be Reading and Understanding Form W-2 Like a Pro
Sometimes, payroll mistakes happen. If you pay an employee less money than you should have during a pay period, you owe them retro pay. What is retro pay?Read More For Payroll Adjustments, There’s Retro Pay
Doing payroll by hand can save your business money—if you do it correctly. There are all sorts of laws, calculations, and taxes that you have to implement with precision. But, small business owners are busy, and many who do payroll by hand often make costly mistakes.Read More The Dangers of Doing Payroll by Hand and How to Avoid Them
Unhappy with your current payroll provider? Most business owners agree that running payroll is their most difficult business task. With payroll being such a complicated but necessary business function, it makes sense that you’d want a simple solution. But, isn’t switching payroll companies hard?Read More Switching Payroll Companies: A How-to for the “How-come I Didn’t Switch Earlier?”
With each payroll, you and your employees have to pay taxes. You collect and remit the money, but what are payroll taxes used for? What does the government do with that money?Read More The Million Dollar Question: What Are Payroll Taxes Used For?
Sometimes, being an employer feels like you’re doing nonstop math. And if you want to know how to convert salary to hourly rate for employees, it’s time to whip out those calculators.Read More How to Convert Salary to Hourly for Nonexempt Employees
Do you daydream about working with family members? You may consider hiring your child if you’re a small business owner. That way, you can show them the ins and outs of your business and the importance of hard work. At the same time, you gain an extra set of hands to get tasks done (win-win-win!).Read More Keepin’ It in the Family: 10 Tips for Hiring Your Child
As a busy business owner, you’re always looking for ways to save your time and money. And, you certainly don’t want to waste your precious time, energy, and hard-earned cash on accounting tasks. The solution? Accounting software.Read More 7 Advantages of Accounting Software You Can’t Beat
For business owners in most states, collecting and remitting sales tax is part of the job description. But on select dates throughout the year, your customers can take advantage of a sales tax holiday.Read More Ready, Set, Go! Mark Your Calendars With Sales Tax Holiday Dates