Payroll & Taxes Blog
News, tips, and advice for small business owners
How Do I Calculate Payroll Taxes?
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."Read More
How To Run Your Own Payroll
As a small business owner, hiring your first employee means that it's time to implement a payroll process.Read More
What is FICA Tax? (And Why Do I Have to Pay It?)
The Federal Insurance Contributions Act (FICA) is a federal law that requires employers to withhold three different types of employment taxes from their employees’ paychecks.Read More
Is a Payroll Service Worth the Cost for Your Small Business?
Managing payroll is often a task small business owners aren’t prepared to handle when opening their doors.Read More
Biweekly vs. Monthly Payroll: What You Need to Know
Whether you get to choose your payroll schedule or the state decides for you, you’ll want to fully understand how the pay period will work for your business and employees.Read More
The Top 5 Most Common Payroll Mistakes Among New Companies
When setting up payroll for your small business the first time, it’s common to feel overwhelmed and make some mistakes.Read More
Calculating Payroll Taxes 101
If you plan on a DIY payroll approach, you’ll need the 4-1-1 on payroll taxes.Read More
Avoiding the Top Small Business Tax Pitfalls
While many payroll and tax mistakes do have a fix and you can get help resolving any errors, some of these mistakes can be costly so you’ll want to try to avoid as many as possible early on.Read More
If You’re Scared to Crunch Numbers, Who Ya Gonna Call?
As a small business owner, you likely spend quite a bit of time number-crunching. Sometimes, that task can get overwhelming.Read More
Is DIY Payroll Worth It?
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?Read More
Should You File a Tax Extension?
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.Read More