The Payroll Blog

News, tips, and advice for small business owners

  • Good Things Come in Small Packages – Preparing for Small Business Saturday

    November 9

    Since 1952, Black Friday, the day following Thanksgiving Day, has been known as the day that kicks off the holiday shopping season. Since its start, the unofficial holiday has evolved in ways such as starting earlier and earlier each year, most recently bleeding into Thanksgiving Day, and has become characterized by countless videos of consumers going wild for crazy cheap items as basic as dish towels. 

  • I Have a Household Employee: What Taxes Must I Pay?

    November 7

    Whether you are in the process of hiring a household employee or already have someone working for you, it’s important you know that you are responsible for paying a variety of taxes, including those covered under the Federal Insurance Contributions Act (FICA). 

  • Not Just Nannies: Who Should Be Classified as a Household Employee?

    October 27

    Are you unsure of whether or not you have a household employee? Is this causing you confusion when it comes to taxes, such as wondering if you should issue a W-2?

  • Planning for Seasonal Business Downswings

    October 12

    Running a seasonal business has its upsides: for some small business owners, it offers a revenue stream that comes with built-in flexibility and work-life balance as you can plan for and take advantage of cyclical business shifts. 

  • 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.

  • Let's Get Down to Business: How to Defeat Your To-Do List

    October 4

    An appealing aspect of becoming a small business owner is the ability to be your own boss and run things the way you want. While this is exciting, it can become overwhelming fast when you realize how many tasks are on your to-do list. When you are the one running the show, how do you prioritize all of your tasks to be your most productive self?

  • 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.

  • Fall into Better Business Habits

    September 22

    Each new season brings some type of change and seasonal specialties to look forward to. For fall, you might think of pumpkin spice, sweaters, trips to look at changing foliage and pick apples, and getting closer to year end holidays. For some, September comes, you blink, and it's suddenly December 31.

  • Weathering a Storm: How to Prepare Your Business for the Unexpected

    September 9

    Depending on where you live, natural disasters might be a more common occurrence or possibility than in other areas. 

  • 401(K) Webinar Recap

    September 5

    On August 23, we presented a webinar called Strategies to Maximize Your Retirement and Tax Savings in 2017, hosted by 401(k) consultant David Bass. 

  • 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.

  • Back To School Blues – What To Do When Your Student Employees Hit the Books

    August 24

    As a small business owner, you likely employ high school and college students during the summer months. When they head back to school, what are you supposed to do?

  • Webinar: Small Business Retirement Planning

    August 22

    With only half of all Americans set to meet their retirement savings goals, it stands to reason that the earlier you start planning for retirement, the better. But when it comes to small business owners and employees, planning and saving for retirement might at first seem like a bigger challenge.

  • Employee Poster Requirements for Your Small Business

    August 16

    As a small business owner, there are many legal requirements that you cannot afford to overlook, some of which may be more obvious than others. One which may not come immediately to mind is accurately displaying the employee posters that apply to your business.

  • 401(k) Small Business Myths: Part II

    August 10

    There are a lot of myths surrounding 401(k) plans, which is why we needed to dedicate a part 2 to our myth busting series. With the safe harbor 401(k) deadline also quickly approaching on October 1, it's important to bust these myths now so you can choose the right plan for your small business. 

  • 401(k) Small Business Myths: Part I

    August 8

    Even if you have recognized the need for a retirement plan for your small business, you may not have taken the step to set up a plan and enroll employees because of preconceived notions about how much a company plan will cost, how long it will take to set up, or the responsibility you as a small business owner will have for plan performance.

  • Are Small Businesses Falling Behind in the Race to Retirement?

    August 2

    Are you in the 2/3 of Americans who are NOT saving for retirement?

  • Small Steps, Big Payoff: Tips for Making Your Small Town Business Thrive

    August 1

    Being a small business owner in a small town can be a very different experience from owning a business in a bigger city. 

  • The Best Retail Technology to Measure Performance

    July 28

    Technology has made, and continues to make, an impact in every sector of business, and the retail industry is no different. While some may say that the retail industry has been the most resistant to the technology evolution, others say that it's leading the way. Whatever side of the argument you are on, the reality is that the technology used in retail stores has undergone a significant transformation in the last ten years for both the customer and the business owner.

  • 3 Benefits of Adopting Retail Store Management Software

    July 11

    Retail store management software has come a long way in the past decade. It's now more affordable, scalable, and efficient than ever before. Advances in hardware technology, data communication technology, software development, cloud computing, and the widely accepted "Software-as-a-Service" (SaaS) business model have created the perfect storm and paved the way to change the way retailers do retail.