The Payroll Blog

News, tips, and advice for small business owners

  • 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!

  • 15 New Year's Resolutions That Are Not Cliche

    December 26

    At this point the new year’s resolutions blog is almost a cliche in itself. And we could list off a bunch of generic ideas for resolutions about staying healthy or making more money or getting a new job. But let’s be more specific than that. Let’s come up with some very specific new year’s resolutions that will actually improve your daily life. We’d love to hear yours too. Please share in the comments section or on our social media pages.

  • Don't Get Into Nanny Tax Trouble [Infographic]

    December 20

    The nanny has come to play an increasingly important role in the lives of working professionals and business owners with children. Parents often have to run themselves ragged to keep up with the rigorous schedule of activities their children are involved in, not to mention balancing demanding careers. Finding the right nanny can be a huge help.

  • 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.

  • Schedule H Form: Breaking It Down For You

    December 17

    Are you familiar with the Schedule H form? You may have had no use for this form in the past, but it doesn’t mean this will remain true in the future.

  • 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.

  • Year-end Tax Mistakes to Avoid in 2016

    December 12

    As you plan for 2017, you don't want to lose sight of what's required of you (and your company) to finish up the current year in the appropriate manner.

  • Bi-Weekly vs. Monthly Payroll: What You Need to Know

    December 11

    Setting up payroll for your company is easier today than ever before. All you have to do is compare providers and make a decision based on your findings. Of course, there are important questions to answer along the way. Here is one that requires your full and undivided attention: how often will you pay employees?

  • Tax Laws Every New Small Business Owner Should Know

    December 8

    If you want to be a successful business owner, you have to know some things about tax laws to succeed. Even if you hire an accountant, you have to know some things for yourself. Today, I will share some tips about various tax laws which every new small business owner should know about. These insights are derived from my experience working with clients through my own accounting firm.

  • When is the Best Time to Switch Your Payroll Service?

    December 7

    As a small business owner, quarterly tax filings give you a chance to assess your current payroll provider to make sure you’re getting everything you need out of the relationship. And, if you’ve already been toying with the idea of finding someone new then maybe it’s time to switch. 

  • The Quick Start Guide to the Best Payroll Service

    December 3

    The importance of payroll to small businesses stands out more today than perhaps it has in previous years. Not only are small businesses paying billions in payroll tax penalties, but we're also seeing a record number of wage theft cases.

  • Most Common Payroll Mistakes Among New Companies

    November 30

    There are payroll mistakes that benefit employees, as well as those that benefit employers. But either way, a mistake is a mistake.

  • Generation Z Represents Entrepreneurial Trend

    November 24

    There has been a lot of talk about millennials over the past couple years. But remember this: there is another generation coming down the pipeline in a hurry. The first members of Generation Z, defined by anyone born after 1995, are graduating college and making their way into the professional world.

  • Do Employers Have to Pay for Jury Duty?

    November 19

    It won’t take long for a new business to confront a situation where an employee is required to serve on a jury. Then what happens?

  • How to Run a Successful Restaurant Business

    October 12

    Ready for the unhappy truth about starting and running a successful restaurant business. Sixty percent of new restaurants just aren’t going to make it, according to a CNBC report. 

  • How Do I Get an EIN Number?

    October 1

    A Federal Employer Identification Number (FEIN), also known as an Employer Identification Number (EIN), is used to identify a business entity. While not always the case, most companies need an FEIN to conduct business.

  • How to Fill Out the W-4

    September 27

    As an employee, there is no tax form more important than your W-4. Also known as an Employee's Withholding Allowance Certificate, this form is one that every employee needs to complete before his or her first day on the job.

  • Can I Pay My Nanny as a 1099?

    September 25

    Many people have the desire to hire a nanny. That is until they learn more about what this means from a tax perspective. Not only do you have to withhold FICA from your nanny’s paychecks, but you are responsible for paying 7.65% (6.2% for Social Security tax and 1.45% for Medicare tax) as an employer.

  • Advantages of Weekly Payroll vs. Monthly Payroll

    September 24

    From the moment a company starts hiring employees, it must decide what payroll schedule to follow. While this may sound like an easy decision, there are many options to consider.

  • How to Grow Your Accounting Business Through Payroll

    September 21

    Professional accountants assume the roles of trusted advisor and partner to small businesses, delivering sound financial management at every stage of their clients’ business process. But, did you know that according to a study by L. Harris Partners nearly 1 in 3 clients use multiple CPA firms, due to one firm lacking what the other one entails?