The Payroll Blog

As a small business, there’s no better feeling than landing a new client, whether it’s your first or your 50^th. Before you celebrate this “victory” and turn to other things, you’ll want to spend some time on the finer details of the relationship.  

With April 18 a couple of months behind us, the last thing many business owners want to think about is taxes. But with that stressful time of year fresh in mind, this month’s Surepayroll Small Business Scorecard asked small business owners to rate the state of taxes they faced in 2016.

Bringing a new employee into your company can be a big step. As a small business, each new employee is not only a testament to the success and potential of your business, but a significant investment of time and monetary resources.

It’s age-old advice: Keep your professional life and personal life separate. But for small business owners, it can be hard to view the two as mutually exclusive. As an entrepreneur, you probably know a poor personal credit score can hamper your ability to finance your business. However, it’s important to note that business debts can wind up harming your personal credit, too. 

Later this week, we will break down the differences between hourly and salaried employees, and the legal classifications and payroll considerations associated with each. 

When you’re a small business owner, there’s never enough time in the day. You’re probably handling HR, customer service, sales, and marketing on any given day of the week, not to mention all of the back office work needed to keep the lights on, employees paid, and taxes filed – and that’s before you get to the real work of serving your customers!

As a small business owner, hiring your first employee means that it’s time to implement a payroll process.

Income taxes are top of mind right now, as we’ve all completed (or, are hopefully close to completing) the task of filing our returns to the IRS.  

Looking back, many small business owners have no regrets about starting their business, according to the most recent SurePayroll Small Business Scorecard^®, which surveyed small business owners nationwide last month. 

The NFL Draft is upon us, with the Cleveland Browns set to take the top pick.  As teams start trading picks and shuffling the draft order, it’s interesting to look at the ROI the top teams realized last season. 

With March Madness in full swing, there is no better time than now to be a college basketball fan.

There is also no better time to be a Division I college basketball coach. The highest paid coaches are pulling in quite a bit of money, with several earning in excess of $3 million per year.

In a perfect world, you would never have to worry about your company being the victim of a data breach.

In the real world, however, this is a concern for companies of all sizes spanning every industry imaginable.

As a small business owner, you might be thinking about the best way to save for your retirement, as well as your employees. Only half of all Americans are set to meet their retirement saving goals—the earlier you start planning, the better.

Twitter can be a powerful tool for businesses. Fifty-seven percent of users have discovered a new small- or medium-sized business on Twitter, and of those people, half followed through and shopped at the company’s store or website. Furthermore, your followers can be a powerful force for your bottom line: three out of five followers made a purchase based on something they saw on their feed, and 43% plan to make multiple purchases from companies they follow.

The headlines about data breaches and network hacks almost feel ubiquitous these days, which is why more and more online service providers – from social networks to banks to grocery delivery services – are building multifactor authentication (also called “two step verification”) into user security options. 

Did your small business face any security related challenges in 2016? Were you able to avoid a major disaster that cost your company both time and money?

Small business owners are optimistic about the coming year, however, they're an independent lot and are not willing to shift responsibility for growing their profits to the economy or changing political spectrum.

As an individual or small business owner, tax season is never fun. From collecting receipts to preparing for the months to come, there is a lot on your plate.

You’ve likely heard of Periscope, the app owned by Twitter that lets users share and see live video streams on their mobile devices. Every day, 350,000 hours of video is streamed, and Periscope alone has 1.9 million daily active users. This app and others like it have transformed social media sharing.

In a perfect world, the tax system would remain the same from year to year. For individuals and small business owners, this would make life much easier. Unfortunately, this isn’t reality.