Payroll & Taxes

  • Updated: 4 Things to Know About W-4s

    March 5

    2018 Taxes. Your favorite subject right? 

  • If You’re Scared to Crunch Numbers, Who Ya Gonna Call?

    February 21

    A lot of number crunching goes into running a small business. When your books get overwhelming, don’t get scared, take a deep breath and consider the options available to you for help. Accountants and bookkeepers can help manage the books for your small business and keep everything flowing smoothly.

  • When Where You Live Isn’t Where You Work

    February 7

    Small businesses take many forms—some operate out of the owner’s living room, some out of an office or retail store, some are on the road. Working outside the state in which you live can add a layer of complexity to tax filings and payroll calculations.

  • Payroll Scheduling: Who Sets the Schedule? You or Your State?

    January 17

    Payday: it’s a day that pretty much everyone looks forward to. But when exactly pay day occurs varies from business to business. As a small business owner, do you know which payroll frequency/schedule your business should be using? With weekly, bi-weekly, semi-monthly and monthly options you may be confused about which schedule to use. It’s important to know that, in some cases, the choice is made for you based on the state in which you live. 

  • New Year, Clean Slate: Three Payroll Mistakes to Avoid in 2018

    January 15

    Mistakes happen. One area of your small business you definitely don’t want to see a mistake? Payroll. Small business owners often struggle with payroll because there are so many rules and regulations. The scary thing about payroll mistakes is you might not even know you’re making one until you get slapped with a fine or in trouble with the IRS. To make 2018 a year of payroll-free mistakes, check out our list of the most common mistakes small business owners make and how to avoid. 

  • Start 2018 in the Right Tax Bracket: Free Small Business Tax Guide

    January 5

    Taxes: always a tricky subject.

    And just when you think you’ve got it figured out for your personal and small business filings, well, they go and change everything on you. As you more than likely know, at the end of 2017, new federal tax legislation was signed into law. In addition to changing the tax brackets, it included significant changes to standard deduction allowances.

  • It’s the Most Wonderful Time of the Year…To Switch Payroll Providers

    December 6

    The good news: you can switch payroll providers, or start processing payroll with a provider, at any time throughout the year.

  • Tax Hardship Relief in Sight for Victims of Hurricanes

    October 10

    As many in impacted areas across Florida, Georgia, Puerto Rico, the U.S. Virgin Islands, and parts of Texas focus on rebuilding after widespread damage from Hurricanes Harvey, Irma, and Maria, the prospect of their 2016 tax-filing extension running out on October 16, 2017 is an added cause of stress.

  • You've Cut Non-Essential Costs and Still Can't Make Payroll, Now What?

    October 2

    When it comes to starting and running a small business, there are a million moving parts, to say the least. Keeping track of rent, utilities, insurance, inventory, recruiting and staffing, payroll...the list goes on and on. And when you are that close to the trees, it can be hard to see the forest—your overall business cash flow.

  • Must-Pay Expenses When You Have a Cash Flow Problem

    September 27

    Managing and predicting cash flow as a small business owner can be very challenging. Especially when you're starting out, you might find yourself in a situation of having committed sales, but unpaid invoices. Or, as you expand, you might have some growing costs that are higher than projected or coincide with a slow month.

  • The Small Business Beginner's Guide to Payroll

    September 7

    This week is National Payroll Week. As a small business owner, you might not think of payroll as something to celebrate—but it is a necessary and important part of running your business. Adding new employees is a critical step in most small business growth, and ensuring employees are paid according to your employment agreement, on time, and in compliance with federal, state, and local tax and regulatory compliance will help you sustain your business growth. But we realize that payroll is not a simple task for many small business owners, especially when you look at everything else on your plate.

  • Understand W-2's and 1099s Gig Economy

    August 29

    With the gig economy making up 34 percent of the workforce in the United States, things are changing quickly both for workers and employers. The gig economy refers to the labor market made up of short-term contracts or freelance work versus a permanent job.

  • Exempt vs. Non-Exempt: Small Business Employee Classifications Are Not Created Equal

    June 7

    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.

  • Small Business Payroll Pitfalls and How to Avoid Them

    May 24

    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!

  • How Do I Run My Own Payroll

    May 17

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

  • How Much Federal Tax is Taken Out of my Paycheck

    May 2

    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.

  • 5 Questions to Ask When Choosing a Tax Preparer

    January 11

    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.

  • Enrolling with a Payroll Service? Have These Items Ready

    December 17

    Starting with a new payroll service can be a bit unnerving. You may have several questions such as, “What information will they ask for? And are there documents they’ll need to see?” Being prepared will go a long way in simplifying the process.

  • Business Tax Credits: Do You Qualify?

    December 14

    Business owners are always looking for ways to save money. One such strategy is to consider the many ways to lessen your tax liability.

  • The 2017 Small Business Tax Changes Guide

    December 13

    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.