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Small Business Payroll, Accounting & Tax Reporting News

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starting a small business

A Simple 8-Step Guide for Starting a Small Business

Small Business

The idea of starting a small business is undoubtedly daunting and challenging for the first-time business owners or entrepreneurs – but if you have passion and determination along with a good idea/concept, a strong work ethic, and a good set of reliable…

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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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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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Margin vs Markup

Margin vs Markup: The Definitive Guide for Business Owners

Small Business Accounting

Margin vs markup: Is there a difference? Absolutely. Margin and markup are two important accounting terms that are used interchangeably by business owners, contractors, employees, consultants, etc., in their accounting but a slight misunderstanding or confusion can have a drastic…

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form w-4

What is Form W-4 and How to Fill It Out in 2019

Small Business Payroll

What is Form W-4? Form W-4 also known as Employee Withholding Allowance Certificate is an IRS form, which every employee needs to complete to let their employer know how much federal income tax to withhold from each paycheck. Your employer…

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World Backup Day is Here – Are You Prepared?

Misc

March 31st is World Backup Day. It is celebrated to remind people and business owners to protect their data by backing the files and checking restores to avoid looking like a fool on April Fool’s Day. Why you need protection?…

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2019 CheckMark Software Updates Have Arrived!

Newsroom

CheckMark is pleased to announce the release of 2019 updates for all of our software products. We are committed to bringing you new ways to make the most of your time with features that will change the way you manage…

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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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form w2

Form W2: Everything You Ever Wanted To Know

Small Business Payroll

Form W2 is a multi-part standard tax form that an employer must send to the employees as well as the Internal Revenue Service (IRS) at year-end. The form contains employee’s annual wages, Social Security earnings, Medicare earnings, and federal and…

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best accounting software

The Best Accounting Software: 2020 Buyer’s Guide

Small Business Accounting

Being a small business owner, yeah we get it… you wear multiple hats during your workday. And, you may be in love with most of the activities too. But, what is the one activity that a small business owner hates…

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Top Posts & Pages

  • 1099 Deadlines, Penalties & State Filing Requirements for 2020/2021
  • W-2 Deadline, Penalty, & Extension for 2020/2021
  • How to File 1099 MISC for Independent Contractor
  • What is Compensation? – Definition, Importance, Types, FAQs & Plan
  • 100+ Motivational Quotes to Inspire Small Business Owners & Entrepreneurs
  • ACA Deadlines, Penalties & Extension for 2020/2021
  • Form W2: Everything You Ever Wanted To Know
  • Understanding How Biweekly Pay Works - The Complete Guide
  • Top 12 Advantages and Benefits of Using Payroll Software
  • Margin vs Markup: The Definitive Guide for Business Owners
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