How to do Payroll for a Small Business – The Ultimate Guide
Payroll is an essential component of every business, large and small. Once you have made the decision to hire your first employee or employees, it is inevitable that…
CheckMark Online Payroll Is Finally Here
The much-awaited and highly anticipated online payroll edition of our signature desktop program – CheckMark Payroll Software has been launched officially. It has been received with great approbation…
7 Tips to Find the Right Payroll Software for Your Business
Payroll is an essential part of any business operations, most especially when you have employees that you need to compensate. Thankfully, the digital revolution has helped streamline many…
Gross Pay vs Net Pay: Difference, Calculation, & Examples
Payroll is a complex and daunting task for a majority of employers, especially when it comes to calculating gross pay vs. net pay. Understanding the difference between these…
How to Calculate Sales Tax for Your Small Business
As a business owner, it’s your responsibility to collect the correct amount of sales tax when selling goods or providing services to your customers. In addition, you should…
The Best Accounting Software: 2023 Buyer’s Guide
Accounting software is an essential tool for business owners to manage their finances, track income/expenses, prepare for tax season, and monitor their financial performance. It is a cost-effective…
Pros and Cons of Payroll Software vs Payroll Services
Choosing between Payroll Software vs Payroll Services can be a daunting decision for any business owner. Both options have their advantages and disadvantages, so it’s important to consider…
1099 Deadlines, Penalties & State Filing Requirements for 2022/2023
When are 1099s due in 2023: January 31, 2023, is the 1099 deadline applicable for Form 1099-NEC (Non-Employee Compensation). Copy A and B should be furnished to the…
Assets vs. Liabilities: Differences, Types & Examples
As a business owner, you should understand the fundamental difference between assets vs. liabilities. The more you classify assets and liabilities properly, the more you can take informed…
ACA Deadlines, Penalties & Extension for 2022/2023
2023 has already started and employers will once again need to shift their focus to ACA compliance. As a responsible employer, you must know the ACA deadlines to…
W-2 Deadline, Penalty, & Extension for 2022/2023
The W-2 deadline for furnishing copies to employees, paper filing, or E-filing to SSA is January 31st, 2023. What is the W-2 Form deadline — Form W-2 is…