As a small business owner, you likely spend quite a bit of time number-crunching. Sometimes, that task can get overwhelming.

On the surface, running payroll may sound like a simple task: you put in your employees’ hours and rate or weekly salary, calculate the amount for that payroll, and pay them, right?

While applying for an extension may be an option, you will want to be fully aware of the process, and advantages and disadvantages, before doing so.

Did you know that there are many tax deductions available to small business owners?

It’s a new year, which means new tax changes.

Before you leave the decade behind, here are a few things to keep in mind as you close out your payroll for the year.

Taxes. Your favorite subject right? 

When running a small business, it’s important to understand what bank holiday and how it can affect your business.

When it comes to payroll, there are a lot of high stakes in play including tax compliance, employee trust, and payroll fraud. 

As a business owner, there’s no shortage of tax forms to familiarize yourself with.

Even though the Tax Cuts and Jobs Act was rolled out more than a year ago, several of the revisions went into effect in 2019 and will affect many taxpayers 2020 returns.

Whether an employee takes another job, or you terminate their employment, there will likely come a time in your small business journey that you have to deliver a final paycheck.

When choosing to employ independent contractors, it’s important to note that there are payroll and tax requirements that differ from full-time employees.  

As a small business owner, you know that running payroll is a complicated task. With the fear of entering incorrect information and mistakes that lead to hefty fines, it’s a smart move to get some help and outsource your payroll. 

Payroll mistakes can happen faster than you think and are often expensive and time-consuming to fix. Using a  payroll service is the first step toward minimizing financial risk and taking back control of your schedule—but not all payroll services are created equal.

Managing payroll is often a task small business owners aren’t prepared to handle when opening their doors.

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. If you are going to DIY payroll, below you’ll find the information you need to know to start payroll and which questions you can expect from your new employee.

In honor of National Payroll Week and all of the hardworking small business owners struggling to grow their business while keeping the back office running, we've put together an eBook to alleviate some of the payroll strain.

As a farmer, you know that preparation and having a plan can be the difference between a successful season or a disaster.  Similarly, when it comes to farming payroll, there are some complexities you need to be aware of and prepare yourself for.

When you opened your restaurant, you were likely thinking about the menu, pricing, and deals, and what the name would be. What probably didn’t make that list was how you were planning to handle your restaurant payroll.