Blog

Archive for Payroll

5 Top Challenges for Small Business Owners

The daily operations for any small business can be hectic, but there are a few key responsibilities that often prove to be especially challenging. Small business owners who know how to navigate these common pitfalls are better equipped to keep their company operating in the green. (more…)

Posted in: Human Resources, Operating a Small Business, Payroll Processing

Leave a Comment (0) →

Employees Must Be Proactive to Determine Accurate Payroll Tax Withholding

Way back at the end of February we wrote about the new payroll tax withholding guidelinesissued by the IRS. Since that time, the IRS has issued a new Form W-4, more information, and calculators that can help in determining payroll tax amounts to be withheld. Because of the sweeping changes in other parts of the tax law, the IRS is encouraging employees to be proactive – and are even providing some tools to do that. (more…)

Posted in: Operating a Small Business, Payroll

Leave a Comment (0) →

How to Ride the Wave of Fast Business Growth

Ask around, and most business owners will say that they’re looking to grow and make more money. But good business sense says that it’s better if you plan for growth, not just ride the wave of a quickly-growing business. When business is booming, there are a few key ways to ease those growing pains and keep your company on track for success. (more…)

Posted in: Bookkeeping and Accounting, Operating a Small Business, Payroll, Payroll Processing

Leave a Comment (0) →

3 Steps to Make Sure Money Works for the New Business Owner

Whether you are starting a small business intentionally or falling into it because your idea for selling a doo-dad has gone crazy, one thing you will definitely need to do is establish a process for incoming and outgoing money. That’s called keeping the books and every bit of success relies on your paying attention to the money side of your business. Here are 3 steps for the very greenest newbie that hasn’t a clue what language accountants speak. (more…)

Posted in: Operating a Small Business, Payroll

Leave a Comment (0) →

The Promise and Benefits of Bookkeeping

Ahhh, spring is here! The days are longer and everyone is in a good mood, right? Well, maybe. For many small business owners this time of year is very stressful. That’s because they are trying to get their business books in order to complete their tax returns. These are the weeks, almost as much as the first month of the year, is when we hear, “I’m not doing this again. Next year I’m going to …” as they fret over missing receipts, confusing records, and fear about the upcoming tax bill.

(more…)

Posted in: Bookkeeping and Accounting, Operating a Small Business, Payroll

Leave a Comment (0) →

Employee Awards and Gifts: What is Taxable vs. Non-taxable?

Small business owners are a hard-working lot and when there are employees who are working hard alongside them, they recognize that and want to reward those efforts. Special cash and gift bonuses and awards come to mind, but that opens up a whole slew of questions because there are rules as to what is and is not taxable as income. It’s complicated for a business owner, but don’t let that keep you from rewarding valuable employees. Here’s some information that will help you make good decisions about employee perks. (more…)

Posted in: Operating a Small Business, Payroll, Payroll Processing

Leave a Comment (0) →

New Internship Guidelines—Who Needs to Get Paid?

Offering an internship is one of the best things a company can do—both for their own interest, as well as for the community at large. The intern benefits by receiving real-world work experience for their career and interests, and the business gets a helping hand. But sometimes, that line between intern and employee can get a little fuzzy. (more…)

Posted in: Operating a Small Business, Payroll

Leave a Comment (0) →

IRS Issues New Withholding Guidelines for Payroll Taxes

The Internal Revenue Service (IRS) has issued the new (percentage method) payroll withholding tables for 2018 along with notification that the W-4 Form is in the process of being updated to reflect the new tax law. For the moment, no new form is required and employers should retain the existing forms for all employees. In addition to recalculating the new payroll tax deduction, there are a several other changes for employers to consider. (more…)

Posted in: IRS and Tax forms, Payroll, Payroll Processing, Payroll Taxes, Rules, Regulations and Laws

Leave a Comment (0) →

How to Stay on the Path to the Most Successful Year Ever

How is the year looking for you so far? It kind of goes along with the way of resolutions that we start the year with high hopes and ambitions, but once we get back to the daily grind, well, it gets ground away. All of us here at The Payroll Department want you to know that there are some steps you can take to put you back on the path of making this year the best one ever. (more…)

Posted in: Operating a Small Business, Payroll

Leave a Comment (0) →

Worried about the Changes in Payroll Taxes?

At this particular moment in time, it doesn’t matter which side you fall on for the new Tax Cuts and Jobs Act passed in late December, 2017, it will have an impact on both your personal finances and your business’s financial situation.

(more…)

Posted in: IRS and Tax forms, Operating a Small Business, Payroll, Payroll Taxes

Leave a Comment (0) →
Page 2 of 21 12345...»