Common Payroll Tax Pitfalls

Small Business CEO

If you have employees, then payroll taxes are one of the costs of doing business. The IRS is cracking down on businesses that don’t properly file or report their payroll taxes – and they are paying especially close attention to small businesses, which are the largest source of uncollected taxes. Even if it’s an honest mistake, the IRS could leverage huge penalties, audit your company, and even initiate a criminal investigation if you do your payroll taxes wrong.

Eight Ways to Keep Your Office Clutter-Free

Ian's Messy Desk

Instead of filing the PDF on the network, the document was printed and placed in a filing cabinet , where it will sit until doomsday. Keeping your desk and files clutter–free in a paper–filled environment isn’t easy, but a little planning and a little technology can help. Once you’ve completed these items, the paper should be filed, re-routed to someone else or discarded. File it in a Reminder file or in your file cabinet.

Filing 140
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Why Your Organization Should Invest In An HR Management System

Dumb Little Man

An automated HR management software can automate most tasks related to tax filing and payroll management. HR processes including recruitment, performance management, payroll management, resource onboarding, and more can turn out to be a time-consuming task. Sometimes, payroll management can take more than two days for HR personnel to perform manually. When your team grows, managing them turns into a major task.

2018 179

Eight Ways to Eliminate Paper and Clutter in Your Office

Ian's Messy Desk

Instead of filing the PDF on the network, the document was printed and placed in a filing cabinet , where it will sit until doomsday or at least until someone cleans out those files. Despite improvements in document handling technology, despite the convenience of PDF files, we still produce a lot of paper. Keeping your desk and files clutter–free in a paper–filled environment isn’t easy, but a little planning and a little technology can help.

2014 164

5 Essential Tools And Apps To Build Your Early Startup

Dumb Little Man

Is the PowerPoint file I am looking at the latest version?” In seconds, you can create and send invoices, payrolls and receipts, and even get insights from useful reports. Apps for startups are very useful (and can even be crucial) for new companies. As a founder of a startup, you want to commit 100% to whatever it is you and your team are creating. You do not want to, nor can you afford to waste time.

2016 212

The Stimulus Programs Gig Workers and Freelancers Qualify For

Small Business Labs

Individuals earning less than $75,000 (based on their most recent annual tax filing) can expect a one-time cash payment of $1,200. The Paycheck Protection Program is designed to provide a direct incentive for small businesses to keep their workers on payroll by providing each small business a loan up to $10 million for payroll and certain other expenses. 

2020 55

Where a Career in Finance Can Take You

Dumb Little Man

You could choose to primarily work with individuals who need help with their taxes or you could work for a business and handle their payroll, budgeting, taxes and more. As you might already know, insurance companies generally base their customers’ rates by the chances of them filing a claim. If you are looking for the perfect career option, you might be thinking about majoring in finance.

2017 162

Top 10 Applicant Tracking Systems (ATS) Of 2021 | Which One To Choose?

Recruit CRM

Main Features Applicant Tracking System & CRM Manage and nurture candidates and clients Helps in background checks and onboarding Email and messaging Mobile app Invoicing and payroll Resume parsing, and so on.

2021 52

Top 10 Applicant Tracking Systems (ATS) Of 2021 | Which One To Choose?

Recruit CRM

Main Features Applicant Tracking System & CRM Manage and nurture candidates and clients Helps in background checks and onboarding Email and messaging Mobile app Invoicing and payroll Resume parsing, and so on.

2021 52

Should City Governments and other Businesses look to Virtual Services to Save Money?

Tips From T. Marie

But, he said, the city could use the payroll savings. And don’t use filing as an excuse to ‘need’ an in-office worker, if you haven’t moved to an electronic files system it’s high time you did. Even the medical field , infamous for paperwork, is transitioning to electronic files. It’s a rare occurrence when reading an article about a city budget makes me sad, but it happened just a few moments ago.

2012 122

It’s Not All About Money, But Money Doesn’t Hurt…

Eco-Office Gals

You understood that you were saving time from averted computer crashes, file conversion, and other payroll hogs that slowed down your staff. People of environmental principle are often defined as those who are willing to take an extra step to be more ecologically responsible, in spite of the potential financial impact of that decision. That’s honorable, and we’ve all experienced that in a variety of ways.

2013 122

The Clean and Simple Cloud Computing Primer for Small Businesses

Small Business CEO

Better still, have you ever stored a file in Dropbox? Cloud-based software is now available to do everything from manage your invoicing to calculating payroll. The smartest ones, however, utilize a shared file within the cloud. When everyone can access the files they need, work happens faster. When files are stored remotely in a cloud, you can access them anywhere. Nobody likes paying for things they don’t use.

2012 65

A Day In the Life: Getting Things Done Part II

Simple Productivity Blog

Back at my desk, I file the notes in the project folder. From my notes, I then go into our project billing system and file my timesheet. Next I go into our payroll system and enter my time for the day.

2010 125

My Time Management Reboot: The Pros and Cons of Electronic Systems and Why I Created a Hybrid

Eat Your Career

And anything stored on your hard drive can be retrieved from backup files (I use Carbonite for those who are interested). Payroll. It pains me to announce that my grand experiment with using electronic time management systems has officially come to an end (sort of). You see, for the past several years, I’ve been using a variety of tech tools to help organize my life and work—appointments, tasks, projects and more. But now, I’m back to paper (sort of).

2013 147

Can you go from creative and productive in a corporate job to a mess working for yourself?

Stephanie LH Calahan

  HR department - handled all of the compensation issues, research, performance and people documentation, labor relation issues, downsizing decisions, payroll, hiring, exit interviews, outsourcing decisions, benefits planning and coordination of benefits issues, and so on.   They scheduled appointments, travel, expense reports, basic client reports, filing, conference coordination, meeting coordination and so much more!

2012 185

Hamilton, Jefferson and Trumpcare's Impact on the Self-Employed

Small Business Labs

If you make between roughly $50,000 and $150,000 you fit into this category  (varies by location and filing status). percent increase on the Medicare payroll tax, and a 3.8 First off, the most important thing to know about American Health Care Act (AHCA or Trumpcare) is it will almost certainly be changed in major ways by the Senate.    So there's no reason to get too worked up about this bill for now.

2017 43

Three Tips - Preparing for Economic Recovery

Small Business CEO

Others enter the data into payroll, into project tracking systems and then again into client billing systems. Many financial systems have pre-defined interfaces for import files. A week ago, I had an opportunity to hear an economic update from a Federal Reserve Bank economist. While the numbers are far from fabulous, most seem to agree we are on the road out of recession. Have you reduced employee counts and canceled or delayed capital projects?

2010 59

Control Expenses – Automate Process Through Workflow Software

Small Business CEO

The old process of having paper files required moving the file to each level of approver. How many of you find that new employees don’t get equipment or security access on time, are missing their name plate or aren’t set up in payroll? Eliminate the issue of paper files sitting on the desk of someone busy or on vacation. Do you find yourself spending time trying to figure out what happened to a customer’s order?

Registering your business – Start Up Guides – Part 5 | THE SMALL.

The Small Business Blog

Once registered you need to seek professional advice on how to run a payroll scheme together with guidance on your responsibilities and obligations which are now quite onerous. E-Mail me or follow me. You ask a question, I answer! Ask me your small business questions, I will answer them ASAP. Effective Small Business Planning Strategy Planning your small business is the best way to avoid costly mistakes. Build your own network! Community for small business outsourcing and cost control.

2006 158

What legal entity is right for your business? | THE SMALL BUSINESS.

The Small Business Blog

For the benefit of this limited liability status for the members there is a downside, with either a sole proprietorship or partnership no one other than those party to the accounts knows anything about your businesses financial position, with an LLP you have to file accounts at Companies House where they are open to scrutiny by anyone who wishes to pay to see them, including your next door neighbour! E-Mail me or follow me.

2006 166

WinWeb's One-Stop-Shop Business Services For Freelancers, Home.

The Small Business Blog

These services include bookkeeping, call & fax management, business address, mail hold & forwarding, web site design and maintenance, SEO – search engine optimization, payroll, graphic design, export services, online marketing and PR services, online presenters, online shop setup and maintenance and as before many Pay-As-You-Go services like parcel service, translation service and many more. E-Mail me or follow me. Benefits of Online Software for Small Business.

2009 158

Q & A: I'm a Sole-Trader, how can I do my Accounts DIY ( Do-It.

The Small Business Blog

» « Previous Entries This entry was posted on Wednesday, October 17th, 2007 at 3:30 pm and is filed under Accounting , DIY Business , Question & Answer , Small Business / SOHO , Sole-Trader. To produce a vat return clients simply go to the vat file and select the quarter end date from a drop down menu and the figures for the vat return are automatically generated. E-Mail me or follow me.

2007 155

Small Business World News Round-up - 2009/11/10

The Small Business Blog

Getting by with skeleton staff : Small business owners are still whittling away at their payroll, but the deluge of pink slips on Main Street is slowing down. Ideas – Small Business Quote of the Week » « Previous Entries This entry was posted on Tuesday, November 10th, 2009 at 8:00 am and is filed under SME News Round-up. E-Mail me or follow me. Outsourcing Options For Small Business Focus on your business, timeshare professionals.

2009 122

Small Business Bootstrapping Techniques | THE SMALL BUSINESS BLOG

The Small Business Blog

« Small Business Quotation: Focus Planning Your Small Business And Start-up » « Previous Entries This entry was posted on Monday, October 1st, 2007 at 9:02 am and is filed under Business Infrastructure , Entrepreneur , Outsourcing , Small Business / SOHO , Start-Up , avoid growing pain , be successful , bootstrap , do a SWOT plan , do cost cutting , grow your business , plan your business , start-up in business. E-Mail me or follow me. You ask a question, I answer!

2007 160

SaaS for Very Small Businesses – Show Me the Money | THE SMALL.

The Small Business Blog

» « Previous Entries This entry was posted on Wednesday, May 31st, 2006 at 5:47 pm and is filed under Development , Infrastructure , Marketing/PR , Office - IT , Open Source Software , SME-Blog , Sales , Software as a Service , Web Technology , WinWeb. E-Mail me or follow me. Effective Small Business Planning Strategy Planning your small business is the best way to avoid costly mistakes. Benefits of Online Software for Small Business.

2006 109