When Grace and her brother John took over the family small business, John insisted that his expertise was in the office. He would be in charge of any human resources needs, all employee needs regarding benefits and health care, payroll, and anything they might decide to do later, as they considered a partnership with another company.
Grace initially agreed that John’s suggestion was workable. After all, her strength was in sales and marketing. John was the one who insisted that he knew about the core of keeping the business financially on track. It would be a challenge, Grace thought. (more…)
Generally, people don’t think about filing tax returns until April starts pressing closer. But if you are a small business owner, you know that feeling starts to weigh heavy on your shoulders right around January 1 and it doesn’t let up, really, until you get your personal taxes done in April. (more…)
As a business owner, have you ever heard of a Professional Employer Organization, a PEO? If not, don’t worry, you aren’t alone. (more…)
Just about every worker counts on it and almost every employer has paid it, but few understand it. What’s that? Unemployment taxes. Who pays it and how? Once you see how it works, it makes sense. The Payroll Department thinks it’s time everyone got an easy-to-understand explanation.