Blog Category

Payroll

The most common compensation and payroll questions

November 15, 2018

Our Most Common Employee Compensation and Payroll Questions

Our HR professionals get a lot of payroll questions. Why? Because it’s both complex and a crucial aspect of an employer’s relationship with their people. In other words, you don’t want to get it wrong. In fact, 49% of employees said they would start looking for a new job after just two issues with their […]

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how do small business owners get paid?

November 15, 2018

How Do Small Business Owners Get Paid?

Small business owners juggle a lot of responsibilities and wear a lot of different hats. Getting your company off the ground, and making sure it stays there, requires a lot of decisions. One of which should be how you are compensated– how do small business owners get paid? Although it’s often the last thing people […]

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9 payroll reports

November 14, 2018

9 Payroll Reports You Might Want to Bookmark

If you run a business or head up payroll for an organization, you may be wondering how to streamline payroll tracking and analytics. It’s critical for companies to monitor payroll details, labor reports, tax liability, and deduction information to effectively manage cash flow. What’s the best way for payroll professionals to do so? Payroll reports. Which […]

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big payroll stats for small businesses

November 13, 2018

Payroll Stats for Small Businesses

According to a number of studies and payroll states, every year the IRS penalizes small businesses billions of dollars for payroll errors– a burden that’s time-consuming, costly, and potentially hurtful in terms of attrition. But, who can blame the small business? US tax codes and the nuanced detail of payroll compliance are overwhelming at a […]

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owner's draw in a small flower shop

November 8, 2018

The Skinny on Owner’s Draw for Small Business

What’s an “owner’s draw” and how does it work to benefit the business and the owner? Owner’s draw, or simply draw, is money taken out of the business to pay or repay the owner – either for work performed or for funds provided to get the business started or keep it going. Most small businesses […]

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the importance of payroll data for small businesses

November 6, 2018

Why Payroll Data Should be a Big Priority for Small Business

Running a small business takes a lot of work– payroll administrivia not being an insignificant part of that. What’s more frustrating is that across many different versions of payroll software for small and medium-sized businesses it’s still extremely difficult, or even impossible, to get the payroll data you need. This is particularly true as your […]

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Keeping payroll by hand

October 29, 2018

Why Do So Many Small Businesses Use Pen and Paper for Payroll?

There is no more essential task for an employer than payroll. If you have people working for you, they’re going to expect a check at the end of the pay period. And if it doesn’t show, you probably won’t have employees for long. Payroll can also be one of the most intimidating employer tasks. There […]

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what goes into a paystub?

September 25, 2018

What Goes Into a Paystub?

Employees might not think much of their paycheck stubs, but these receipts are more valuable than they know. A paystub is the best proof of income, which lenders, creditors, government agencies, and other entities often require for loans, public assistance, and credit card applications.   But more importantly, a paystub holds a record of hours an […]

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what are the differences between a roth vs. traditional IRA?

September 19, 2018

What Are The Differences in a Roth vs. Traditional IRA?

When it comes to managing your retirement savings, the choices you make now might seem inconsequential, but they can (and probably will) have some major ramifications down the road. Whether you’re just launching a retirement savings plan or you’re at a crossroads trying to decide where to put your money moving forward, here’s the basic […]

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payroll piggy bank

September 7, 2018

The Payroll Setup Checklist: Everything You Need to Know to Get Started

Between browsing different platforms, managing your employee data, and conducting the appropriate research, the process of switching payroll services or starting a new one has a lot of moving parts. What do I need to know to stay compliant? What information is absolutely necessary for me to provide? Is this what’s best for my employees? We’re […]

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supplemental-payroll-examples

September 4, 2018

4 Supplemental Payroll Examples Small Businesses Should Know

Not every employee is the same. Similarly, not every item in an employee’s payroll will be the same– particularly when it comes to the complexities of supplemental payroll. Supplemental wages are part of an employee’s compensation that doesn’t fit into their normal wages. The types of compensation that can be categorized as supplemental payroll are […]

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where are your payroll taxes going?

September 4, 2018

Where Do Your Payroll Taxes Go?

Today marks the start of National Payroll Week! To do our best to honor one of our favorite topics around, we want to dedicate this week to answering common payroll questions. To kick us off– have you ever wondered how the payroll taxes you deduct and match from employee’s salaries are allocated? Where does the […]

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