The Payroll Blog

News, tips, and advice for small business owners

  • Women Business Owners Face Trouble Securing Loans

    August 25

    Despite the fact that more and more women are becoming small business owners, this does not mean that everything is equal across the board. A recent report published by ABC News shows that women may struggle if the time comes to apply for a bank loan.

  • The Difference Between Tax Penalties and Interest

    August 18

    Many taxpayers lump together penalties and interest, thinking that they are the same thing. However, nothing could be further from the truth.

  • 5 Reasons Every Business Can Benefit from a Blog

    August 10

    With several hundreds of millions of blogs in the world today, you might ask why your business even needs to bother with creating and managing one of their own. The truth about blogging is that it’s one of the most effective ways to market and brand your business, while offering a huge return on investment — when done properly.

  • What are the 5 Most Common Small Businesses?

    August 6

    As an entrepreneur with an interest in starting a small business, you have hundreds upon hundreds of options. While some choose to take a “path less traveled,” others get involved with an industry that has been proven popular over the years.

  • How to Sell Your Accounting Services to Small Businesses

    August 5

    As an accountant, your clients are your lifeblood. While some firms chase after the “big fish,” many realize they can do quite well by dealing primarily with small, local businesses.

  • Startups By The Numbers: Growing Innovation One Small Business At A Time #Startups

    August 4

    Startups often represent excitement in the small business world, because of their ability to innovate with great new ideas. Some even grow into giants that become household names and many have created products and services that make our lives easier.

  • Nanny Payroll Part 4: Federal Income Taxes

    August 1

    By now, you’ve learned managing nanny taxes takes a bit of time, number-crunching, and paperwork. Once you’ve determined if you owe nanny taxes, you’re probably responsible for collecting two types of nanny taxes:

  • Fastest Growing Industries Provide Opportunities

    July 29

    When starting a small business, one of the first things you will do is choose an industry to enter. This is a big decision, as it will impact your company for many years to come.

  • What Will Happen if Nanny Taxes Aren't Paid?

    July 27

    You have decided to hire a full or part-time nanny to help raise your child (or children). This can be beneficial for many reasons, including the fact that you know your child is in good hands when you are not around.

  • Are you Eligible for the Small Business Health Care Tax Credit?

    July 27

    As a small employer, your company may be eligible for the Small Business Health Care Tax Credit. With this tax credit, saving money is a real possibility. Here is an example shared by the IRS:

  • Am I a Household Employer?

    July 21

    As a household employer, you have particular responsibilities. Here is how the IRS defines this work arrangement:“ You have a household employee if you hired someone to do household work and that worker is your employee.”

  • 3 Tips for Recruiting on LinkedIn

    July 13

    With more than 300 million members, LinkedIn is by far the largest professional networking site in the world.

  • Retirement Planning: Replacing a Valued Employee

    July 2

    When a valued employee within your organization retires, replacing them is not a simple one-for-one swap. It’s more complicated than that.

  • How to Grow Your Facebook Audience #socialmedia

    July 1

    Everyday your website attracts new visitors. Unfortunately, only a small percentage of your visitors convert into customers or engage with your brand through social media.

  • Paying a Nanny Off the Books: Bad Idea

    June 30

    I have owned my own employment law firm for just over 6 years and have multiple employees. I thought employing a nanny would be easy.

  • Accounting Small Business Ideas

    June 30

    As an accountant, you have the skills, experience, and knowledge necessary to provide service to a variety of individuals and organizations. Whether or not you do so through your own small business is your decision.

  • Using Social Media for Business (Part 1 of 3): Facebook vs. LinkedIn

    June 26

    Participating in social media is rapidly becoming a necessity for businesses.  In 2013, we will see discussions among business owners shifting away from why participate to where and how to get involved.  Social media is fast becoming social business. Recent research has shown 73 percent of salespeople using social media outperform those who don’t.

  • Lights, Camera, Action! How to Perfect Your Vine Strategy

    June 24

    Vine, the platform that features 6-second videos that play on a loop, has garnered the attention of more than 40 million users.

  • 7 Easy Tech Tips That Make Bosses Lives Easier

    June 24

    Every day, the Internet is filled with stories about technology that promises to make our lives easier and more efficient.

  • How to Grow Your Business in the Digital Age

    June 17

    Whether you like it or not, social media has rapidly become the most trustworthy, valuable and utilized tool out there for small businesses. Social media has given many small business owners the chance to get their message across and connect with different users (and new customers) with the help of just a few clicks!