Payroll Blog Posts | Page 5

The more complex details of payroll and payroll taxes can be time-consuming and confusing, but they are absolutely essential for avoiding legal issues and penalties. We know small businesses have plenty on their plate already, so in this article, we’ve broken down all the steps involved in doing payroll in New York State — and the key regulations to be aware of. Ready to learn how to do payroll in New York? Read on!

Blessed with no state or local income taxes, Floridian businesses enjoy one of the laxest tax codes in the country. That leaves them with much less number crunching and heavy lifting to do in their payroll management. And coupled with highly intuitive payroll management software, small and medium scale business owners in Florida can process their payrolls personally with relatively greater ease. Learn more about Florida payroll rules and regulations here!

Ever wondered what the difference is between a 1099 contractor and a W2 employee? Believe it or not, the answer is both easier — and more complicated — than you might expect. It all boils down to this: If you tell your workers both what to do and how to do it, then they are probably W2 employees. On the other hand, if you only control the results and not the process, then they are probably 1099 contractors. Read more about the 1099 VS W-2.

Payroll processing is the method of paying employees and contractors, including managing payroll taxes, withholding, deductions, calculating pay, and keeping payroll records.

Payroll has an impact on your business’s finances (especially considering salary inflation), tax liabilities, and your employee management. Not only will you have to account for employee payments and payroll taxes in your business budget, but you’ll also need to ensure that your employees are compensated fairly, on time, and in accordance with the law.

Is it time to add Intuit QuickBooks Online Payroll to your business? With its recent changes to its payroll platform, QuickBooks proves that it wants to remain a small business’s best option when it comes to business software.

Automation of HR is fairly new, but the benefits for small businesses are immense: Where a small business was priced-out of running enterprise-level HR services, now the market is booming. Ultimately, HR is about hiring the best people, growing the best people, and retaining the best people for your company’s growth.

HR, as a department within your business, is the branch of operations that is responsible for managing a company’s human resources (or human capital; or employees). Wondering whether a Human Resources Manager, a full Human Resources Department, or an outsourced service is the best fit for your business? We can help you decide.

Looking for the best payroll software app for your small business? Merchant Maverick has spent countless hours learning the ins and outs of payroll software and testing the best options around. Gusto is the best overall small business software, with ADP as runner-up, while Square is the easiest to use. But there are even more great choices on the list.

Make year-end payroll easy with this step-by-step guide and free business payroll checklist. Learn your tax obligations, the required tax forms, and this year’s payroll filing dates so you can properly complete your business’s year-end payroll.

Need help with payroll taxes? Learn what payroll taxes are, which taxes you are legally required to pay, how to calculate them, and more.