Payroll & Taxes Blog

Wrapping up the end of the year as a small business owner can be overwhelming. Did you know that working with an online payroll service can make year-end a little easier?

Whether you’ve been following a DIY approach for your small business payroll or working with an online payroll service, you may be wondering if it’s time to make a change.

Setting up a new business brings forward a lot of questions –  finding the right vendors, selecting the right business model, deciding who to hire, understanding your payroll schedule – but before you can even start thinking about these day-to-day elements of business, you have to decide how you’re going to structure your business.

Ready or not, the new year is fast approaching. As a small business owner, this can be a busy time from juggling special promotions, celebrations in your personal life, and end of year payrolls.

When setting up payroll for your small business, one of the things you'll have to set up is a payroll schedule.

Raise your hand if you’ve ever made a mistake on payroll. According to our Report, the Hidden Impact of Payroll, 32% of small business owners have made a payroll mistake, with the majority reporting they have underpaid an employee.

There is always a lot of activity during the final months of the year.

Are you one of the 45% of Americans with a side hustle?

At this stage in the year, it’s likely been a few months since you’ve thought about taxes.

Whether you are just opening your business with a full staff or you’ve been in business for a while and are just adding an employee to the mix, setting up your payroll for the first time can be overwhelming.

Even in the best of times payroll and related taxes can be a confusing and moving, target for small business owners, with costly (or worse) penalties for getting it wrong.

What are payroll taxes? Payroll taxes are federal, state and local taxes withheld from an employee's paycheck by the employer.