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Small Business Payroll, Accounting & Tax Reporting News

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Category: Small Business Payroll

List of Federal Holidays

The Small Business Owner’s List of Federal Holidays 2022

Small Business Payroll

When you are running a small business, whether it is a restaurant or a recreation park, sometimes holidays will be the prime day for your business. This means you can’t just give time off to your employees on federal holidays…

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W-2 Deadline

W-2 Deadline, Penalty, & Extension for 2021/2022

Small Business Payroll

The deadline for furnishing copies to employees, paper filing, or E-filing to SSA is the same i.e. January 31st, 2022. What is the W-2 Form deadline — Form W-2 is an annual payroll report that shows the amount of taxes…

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biweekly

Understanding How Biweekly Pay Works – The Complete Guide

Small Business Payroll

When setting up a payroll system for your small business, one of the first and most important decisions you must make is to decide the pay frequency for paying your employees – weekly pay, biweekly pay, semi-monthly pay or monthly…

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how to do payroll

How to do Payroll for a Small Business – The Ultimate Guide

Small Business Payroll

Getting Started 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 you know how to do payroll properly. However, the truth…

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How Many Pay Periods are in a Year

How Many Pay Periods are in a Year?

Small Business Payroll

If you are just starting out your business and planning to hire employees, your initial task on the checklist will be setting up a payroll system, classifying employees, and selecting pay periods i.e. determining how often you want to pay…

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What is Compensation

What is Compensation? – Definition, Importance, Types, FAQs & Plan

Small Business Payroll

Compensation is one of the leading expenses for any small business. Before we learn the importance and types of compensation, we’ll learn what is compensation? Definition of Compensation Compensation is the remuneration awarded to an employee in exchange for their…

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payroll service provider

When to Switch Your Payroll Service Provider?

Small Business Payroll

At which point you would need a switch over to a new payroll service provider? More often companies reach a crisis point before making a decision to change. This puts people, systems, and relationships under pressure, which shadows the business…

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Payroll Services

Small Business Payroll Services

Small Business Payroll

Small Business Payroll Services Companies provide services to the majority of American businesses. In the USA, it is mandatory for employers to pay for Medicare, Local, State, and Federal Taxes to the IRS for their employees. In the process the…

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The Best Payroll Software for Small Business in 2022

Small Business Payroll

  If you are searching for the best payroll software for small business in 2020, this article will guide you in the right direction by helping you save time, money, and effort in the long run. Being a responsible small…

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federal minimum wage 2019 & 2020

Federal Minimum Wage by State – 2019 & 2020

Small Business Payroll

The federal minimum wage for 2019 & 2020 is $7.25 per hour. Some states and counties have raised their own minimum wages since it has not been increased since July 2009. Note: The federal minimum wage rates below are for…

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