Payroll & Taxes

  • 5 Questions to Ask When Choosing a Payroll Provider

    April 23

    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.

  • What is FICA Tax? (And Why Do I Have to Pay It?)

    April 17

    As an employer, you’re responsible for collecting, paying, and reporting certain federal and state employment taxes for your employees. These taxes, which are withheld from your employees’ paychecks, include Social Security and Medicare taxes

  • How Do I Calculate Payroll Taxes? (2019)

    April 16

    Payroll taxes are federal, state and local taxes withheld from an employee's paycheck by the employer. These taxes consist of income taxes, unemployment taxes, and deductions for Social Security and Medicare taxes, the last of which are often referred to as "the payroll tax."

  • How Dental Practice Growth Affects Payroll

    April 15

    In life, we tend to be very focused on growing and evolving on both personal and global matters. From looking to grow a specific skill set or picking up a new hobby, to evolving technology and coming up with new environmentally friendly options, growth is always present in our lives.

  • 3 Things to Expect From Your Nanny Payroll Provider

    April 9

    Hiring a nanny is a big decision, as it will impact your personal life and finances in several ways.

  • How Do I Run My Own Payroll?

    April 4

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

  • Do You Need a Payroll Service for Your Dental Practice?

    April 1

    As a dentist, finding the time to calculate payroll can be difficult when you’re juggling patients, employees, your overall practice, and your life outside of the office. 

  • How to Complete Form 941 in 5 Simple Steps

    March 28

    As a small business, you have a long to-do list. Completing tax forms is probably not at the top. However, you should understand what tax forms apply to your business or else you could face steep IRS penalties. But, how can you keep up with so many forms with nonsensical names such as W-2, W-4, 1099 or 941?

  • 5 Smart Ways to Spend Your Tax Refund

    March 20

    While filing taxes can be a painful, time-consuming task, one thing that people don’t get mad about during tax season is receiving a refund. 

  • How to Protect Your Small Business from Payroll Fraud

    March 18

    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. 

  • What are Wage Garnishments?

    March 11

    As a small business owner, one of the topics you may come across while calculating payroll is wage garnishments. A wage garnishment is “any legal or equitable procedure where an employer withholds some portion of a person's earnings for the payment of debt.” Understanding wage garnishments are vital because there are specific rules you need to follow when it comes to processing payroll.

  • How to Update Your 401(k) Plan in 2019

    March 8

    As a small business owner, offering a 401(k) plan for your employees is one of the best benefits you can offer. While saving for retirement is something your employees know they should be doing, they may not actually be participating in your 401(k) plan. If low 401(k) participation is a problem for your small business, download the recording for our webinar, 6 Ways to Improve and Update Your Retirement Plan in 2019, to learn how to get your employees invested.  

  • Should You File a Tax Extension?

    March 7

    Tax season tends to be a time of the year that individuals, and small business owners, don’t look forward to. Taxes can be confusing, mistakes are costly, and making sure you have all the proper paperwork can be time-consuming. 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.

  • SurePayroll Wins 11th Straight Stevie Award for Customer Service

    March 6

    We’re ridiculously proud of our Customer Service team today for winning their 11th straight Stevie Award, garnering a Gold for 2019 Contact Center of the Year for Financial Services in the 16th Annual American Business Awards®. 

  • 5 Payroll Mistakes to Avoid in 2019

    February 18

    With 2019 in full swing, there’s no better time than now to review your payroll system to ensure that everything is in good working order.

  • Small Business News

    February 8

    As a small business owner, it can be hard to stay on top of current news between everything you’re juggling. With tax season in full swing, a potential government shutdown approaching, you probably have a lot of questions about what you should be doing. This week, we rounded up some articles that cover these important topics and will get you prepared for tax season and what to do in case another shutdown happens.

  • The Early Bird Gets the Refund - 4 Reasons to File Your Taxes Early

    February 4

    With W2’s out the door and tax season officially in full swing, you’re either ready to file your tax return and potentially get a refund or you’re looking at the calendar determining just how long you can put off this tax task. Did you know, besides getting your potential refund faster, there are actually several benefits to filing your taxes early?

  • Differences between bi-weekly and semi-monthly payrolls

    February 1

    When setting up payroll for your small business, one of the things you'll have to set up is a payroll schedule. Depending on where you live, your state may make this decision for you and provide guidelines for the type of payroll schedule you need to follow. Other states leave the choice up to business owners to decide. The four payroll schedules are: weekly, bi-weekly, semi-monthly, and monthly. Most confusion comes with understanding bi-weekly and semi-monthly payroll schedules becasue they seem very similar. However, there are a few differences you should know. 

  • Things Your Accountant Wants You to Know For Tax Season

    January 24

    According to Investopieda, “tax season is the time period between January 1 and April 15 of each year when individual taxpayers traditionally prepare financial statements and reports for the previous year”.  Experts are planning for this year to be even more complicated because it is the first tax year under the Tax Cuts and Jobs Act that was announced in 2018. Unless you love number crunching, chances are you don’t look forward to this time of year. From gathering receipts for eligible tax deductions, to collecting any necessary W2’s or 1099s, getting ready to do your taxes isn’t usually an enjoyable task. As a small business owner, things can get complicated fast, and it can be easy to make mistakes that could wind up costing you a lot in fines.

  • Federal Unemployment Tax Act (FUTA): 10 Things to Be Aware Of

    January 21

    Understanding the true cost of an employee can be confusing. After all, it’s not just an employee’s wages that business owners have to account for. There are also payroll taxes, benefits, and other associated costs that need to be considered.