The Paperless Payroll

Eco-Office Gals

What Are Some Advantages of the Paperless Payroll? One of the biggest conundrums that, what we call the paperless payroll, would solve would be human error. Since everything, all calculations, tracking, clocking, changes, and other adjustments, would be made entirely in the digital, connected world, all reliance falls on the programming that constitutes the payroll application. The post The Paperless Payroll appeared first on Eco-Office Gals.

Eco-Friendly Payroll Options for Your Business

Eco-Office Gals

So if you’re currently scratching your head over how to deal with the issue of payroll, here are a couple of eco-friendly solutions you might want to try. You’ll either have to purchase computer software that allows you to complete such transactions or hire a payroll service to do it for you (or both). You might also consider issuing permanent payroll cards for any employees that wish to eschew direct deposit or that simply don’t have a bank account.

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5 Subscription Services to Reduce Your Payroll Dramatically

Small Business CEO

Payroll is an area which can easily inflate if you haven’t taken the time to assess the role and necessity of each resource, and maybe you haven’t changed your business and employee contracts to reflect the reality your business now exists in. Finance Management payroll subscription services

Payroll Tips for Starting 2019 Right

Small Business CEO

Payroll tasks take up around 5 hours per week for a small business owner. All small business owners who run payroll know just how much of a challenge it can be unless they’re accountants with prior experience. When your employees are not categorized properly, this can cause your payroll to be chaotic. … The post Payroll Tips for Starting 2019 Right appeared first on SMALL BUSINESS CEO. Finance payroll

2019 65

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.

Painless Payroll: 5 Top Tips on How to Streamline Your Payroll Process

Small Business CEO

Does the payroll process leave you feeling frustrated? If you’re not naturally a numbers person or don’t have payroll experience, the task can eat up lots of your work time. Payroll takes almost five hours per pay period for many small business owners. Use these five tips to streamline payroll. Create a Standard Payroll Process. Having a set way to do payroll each time makes the process easier.

Payroll Doesn’t Have to Be a Chore

Small Business CEO

Business owners may find that some of the more routine tasks they are required to undertake are also some of the more tedious, and payroll and wage administration can be one of those selfsame tasks. Nonetheless, the administration of payroll, even if the business is a one person operation, is essential from both a regulatory and legal perspective. It also makes sense to streamline payroll from an efficiency point of view.

Top 5 Tips for Small Business Payroll

The Small Business Blog

Top 5 Tips posts from the SME Blog are always full of hints and tips for small, home & micro business owners. Once you start employing people it is essential that you are aware of your obligations as an employer. In the UK, this means registering as an employer and submitting P35 and P14…

The Future of Payroll is Real Time Information

The Small Business Blog

Within the next year HMRC are planning on making vital changes to the way business undertake their payroll, so if you have employees you will need to know what these changes entail. The biggest expected changes within payroll will be the move to real time information, commonly known as RTI. Planning for change is never…

Small Business Payroll Taxes

Small Business CEO

There are several differences between running a small business versus a large corporation, but at the end of the day, payroll taxes are something that all business owners must pay close attention to in order to avoid problems with the IRS. To avoid this and keep your business afloat, you must manage your payroll taxes properly. If you are unable to pay your payroll taxes or are already delinquent, expect the IRS to use every weapon at their disposal to collect monies owed.

Take control of your finances with payroll software

The Small Business Blog

Running a business can prove challenging for a variety of different reasons. Whilst most business owners are experts at marketing their products, have a great vision and are highly competent with sales, sometimes they may struggle with the management of important financial details. Business owners sometimes lose track of where their money is going once…

Are you getting paid as a 1099 Contractor?

Job Advice Blog

On March 23, 2010, In Interview Advice by Jeff LeFevre , By Jeff LeFevre 0 Today more and more companies are paying people as a private contractor to save on payroll taxes. Not only are these companies not paying for your payroll taxes they also are trying to avoid paying for your unemployment when you go to collect.

2010 116

US: Job Creation Soars in April

The Small Business Blog

Good news for our North American readers today as the latest US nonfarm payrolls – the compiled name for all goods-producing, construction and manufacturing companies – revealed that 165,000 new jobs were created last month. That’s 20,000 more than expected by economists and means that unemployment in the US is now 7.5%, the lowest level… Read the full article here: US: Job Creation Soars in April on: THE SMALL BUSINESS BLOG.

2013 139

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 163

Moxie Tip 305: VAs Are Not a Cheap Way to Get Stuff Done!

Virtual Moxie

But for clients, working with VAs is cost effective for all the reasons we know so well (100% productive time, no need to pay for equipment, space, payroll, conforming to Federal mandates, etc, and the fact that most VAs will never work for any one client the number of hours an employee would).

2013 138

Small Businesses Hiring More Independent Workers

Small Business Labs

New Geography's 1099 Economy on the Rise features data from Zen Payrol l showing: "the ratio of independent contractors to full-time employees has meaningfully risen among small and medium-sized businesses in states and major metropolitan areas across the country."

2014 171

U.S. Census Pulse Survey Finds Small Businesses Getting Slammed

Small Business Labs

of small businesses applied for loans from the Payroll Protection Program (PPP).  The U.S. Census has created a Small Business Pulse survey to track and measure how small businesses are faring during the COVID-19 pandemic. They released their first set of findings last week (the data was collected between April 26th and May 2nd) and, not surprisingly, they found small businesses are struggling.  

2020 52

The Stimulus Programs Gig Workers and Freelancers Qualify For

Small Business Labs

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.    If all employees are kept on the payroll for eight weeks, SBA will forgive the portion of the loans used for payroll, rent, mortgage interest, or utilities.

2020 54

How Personnel Costs Impact Your Bottom Line

Small Business CEO

Roughly 70% of most municipal budgets is used for personnel expenses, such as payroll and benefits. Whether you are a business operating in the private sector, or a municipality, personnel costs has a huge impact on your bottom line. This is not far off from the expenses incurred in the private sector for personnel and their related expense. Private companies report that 40% – 80% of their operating budget is absorbed in personnel overhead.

2016 77

Intuit Tweet Chat Today on the She-conomy

Small Business Labs

The chat panelists are: Stacy Kildal: Owner of Kildal Services , a full service bookeeping, payroll and administrative service company. Intuit is hosting a Tweet Chat today at 1:00pm Eastern, 10:00am Pacific on the She-conomy. The Tweet Chat will focus on financial and small business tips and advice for women.    The Twitter hashtag for the event is: #More$$inPurse.

2010 100

4 Free Business Productivity Apps To Help You Grow Your Small Business

Dumb Little Man

It’s a free accounting software that covers invoicing, payroll, bills, and other factors that involve money. Managing a business is easier said than done. When you run your own business, you need to give it all your time and attention. It’s a job that is both demanding and fulfilling. Eventually, you’ll want to turn it into a business that can run without you. This, unfortunately, is the harder part. The first obstacle you need to anticipate is manpower.

2017 219

Technology of the week: Expensify

Practically Perfect PA

Integration with user’s current accounting and payroll systems are available. What is Expensify? Expensify’s moto is “Expense reports that don’t suck!” ” Founded back in 2008 Expensify have a number of features that make processing expenses easier. What does it do? There are a few different elements that make up the Expensify website, here are just a few features.

2014 147

Top 15 Small Business Ideas for 2020 You Should Consider

Dumb Little Man

Apart from that, the job includes processing payrolls and preparing tax returns for business clients. There’s a long list of small business ideas for 2020. If you wish to become an entrepreneur, then all you need is to pick the right one for you. Starting a business doesn’t always involve spending a huge sum of money. However, it does require thorough research. The task of operating and running a new business venture can be quite a challenge.

2020 206

4 Free Business Productivity Apps To Help You Grow Your Small Business

Dumb Little Man

It’s a free accounting software that covers invoicing, payroll, bills, and other factors that involve money. Managing a business is easier said than done. When you run your own business, you need to give it all your time and attention. It’s a job that is both demanding and fulfilling. Eventually, you’ll want to turn it into a business that can run without you. This, unfortunately, is the harder part. The first obstacle you need to anticipate is manpower.

2016 217

4 Reasons You Should Consider Outsourcing HR

Small Business CEO

They may outsource everything from recruitment of hard to find experts to everything in the HR department from hiring to payroll to regulatory compliance. Human resource management is an essential function for any business. They are the ones who find, train and support the team that keeps the business running. Yet it is a function that many businesses choose to outsource.

2019 50

Check Out CenStats For Free Market-Research Data

The Solopreneur Life

Search by county or zip code under “County Business Patterns” to get business profiles that include payroll information and the number of businesses by industry. I f your market-research budget is limited (or even if it’s not), check out CenStats, a free service from the U.S. Census Bureau.

2012 121

5 Essential Tools And Apps To Build Your Early Startup

Dumb Little Man

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. If you’ve ever found yourself asking these questions — “Did we miss something in our brainstorming notes?

2016 207

6 Ways to Spend Your Business Loans

Small Business CEO

Business loans can help in every facet of your business from inventory to payroll and even helping your business with its prior debt. Before searching for lenders for your business loan, you need to first understand what you will use this money on. While a large cash lump sum may seem like just what your business needs, you need to approach your loan with caution. Without a proper plan on how you will use these funds you could suffer from irresponsible or even accidental overspending.

2018 57

Does an In-House IT Team Make Sense for Your Business?

Small Business CEO

Even if your core business doesn’t involve a desk, there’s almost always a team of people backing up your efforts – sales, marketing, accounting, payroll – and so on. For most companies, IT underpins everything. The trouble with IT is that it doesn’t really do a good job of looking after itself.

4 Ways for Startup Trucking Companies to Reduce Costs

Small Business CEO

On top of that, the trucker’s ongoing requirement to maintain equipment, buy fuel and do payroll can sometimes leave the short-term fiscal strength of a company in a precarious state. Many entrepreneurs are starting to see the value of operating a business within the industry of truck driving. However, startup companies suffer from high failure rates, and new establishments survive on thin profit margins.

Use Specialists and Technology for Best Business Structure

Small Business CEO

As managers see more highly effective, easy to use human resources software coming on to the market, some are taking the opinion that it is now more cost-effective and productive to outsource or automate personnel-related tasks, such as the administration of payroll.… Businesses in America are becoming increasingly aware that combining the latest in technology with in-house human resources staff is the key to maintaining all-round success.

Paycheck Protection Program Loans Now Available for Independent Workers

Small Business Labs

  The loans allow independent workers to access to up to $10,000 in forgivable loans to cover payroll or wages they pay themselves over the eight weeks following the signing date. Starting today, April 10th, independent workers (self-employed, freelancers, independent contractors, etc.) can apply for Paycheck Protection Loans (PPP), which are part of the federal CARES Act stimulus package. 

2020 45

Fiverr Buys And Co; ADP Buys Work Market; Expect More Gig Economy Acquisitions

Small Business Labs

Also last week payroll giant  ADP announced they were acquiring WorkMarket.    ADP manages the payrolling process for about 1 out of every 6 American employees. There were several interesting recent acquisitions in the gig economy space. Last week the online talent marketplace Fiverr announced they had acquired AND CO , a provider of financial and client management software for freelancers. 

2018 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. If you are looking for the perfect career option, you might be thinking about majoring in finance. However, you could be wondering what your job opportunities will look like if you do end up getting this degree. Luckily, this is a career field that has a lot of different opportunities.

2017 161

VAs.a Cheap Way to Get Stuff Done?

Virtual Moxie

But working with VAs is cost effective for all the reasons we know so well (100% productive time, no need to pay for equipment, space, payroll, conforming to Federal mandates, etc, and the fact that MOST VAs will never work for any one client the number of hours an employee would). It's been an interesting week. I've heard from three different Virtual Assistants that they've been contacted by potential clients who were told that working with VAs was the "cheap" way to get their work done.

2012 164

Workforce Participation: Where is Everyone Going?

Small Business Labs

 Non-farm payrolls grew by an anemic 93,000. Ugly is only way to describe the August job report.   And if you look under the hood at the new jobs, you find the greatest gains came from the food services and drinking sector.  This means it was an OK month if you're looking to be a bartender or wait tables, but not much else. But the big problem is 368,000 people gave up looking for work in August.

2012 149

5 Ways To Increase Your Value In The Post-Pandemic Marketplace

Dumb Little Man

For example, in the UK, there were 600,000 fewer employees on payroll and 342,000 fewer jobs in May than in March. Why you should increase your value. You need a competitive edge more than ever in today’s uncertain and overcrowded marketplace. With the global economy inching towards a recession, organisations are laying off staff faster than you can say the word ‘sack.’ Freelancers are also feeling the pinch as contracts are being cancelled, payments delayed, or even withdrawn.

2020 140

2014 MBO Partners State of Independence Report Released

Small Business Labs

trillion in total revenue in 2014, spent more than $150 billon on non-payroll/contractor expenses , and are the primary income source for more than 10 million American households.  The 4th annual MBO Partners State of Independence study was released yesterday. It shows independent workers (self-employed, independent contractors, freelancers, etc.) who regularly work 15 or more hours per week as independents numbered 17.9 million in 2014. This is up 1.2% from 2013 and 12.5%

2014 147

EA to Project Support Manager

Practically Perfect PA

I worked directly with our HR director on payroll, pension meetings and healthcare benefits for employees. I have worked as an EA for the last for and half years within Core One Technologies, a financial IT company based in the city. Back in April 2011 I started as a team assistant to an office of 25 people but as time went on I started to get involved in finance, human resources and marketing along with the office management.

2015 151

Tips for Hiring Freelancers for your Small Business

Small Business CEO

More employers like you will add freelancers to their payrolls as these numbers grow. Freelancers are a growing and essential part of the American workforce, with 53 million independent professionals currently living in the United States, up from 10.3 million a decade ago. By 2020, forecasters predict there’ll be more freelancers in the United States than full-time employees. Consider these tips when you’re inviting freelancers to join your firm.

2015 79

Top 3 DIY Website Tricks That Can Save Your Startup Money

Dumb Little Man

SEOs are inherently expensive to keep on the payroll. Starting a startup is certainly an exciting entrepreneurial endeavor. You are ready to bring your vision to life via an innovative solution you can monetize. However, the startup journey does have a few associated costs. A savvy startup founder knows the importance of cutting costs where possible, regardless of the startup budget. Did you know that the second most common reason behind startup failure is running out of money?

2018 170

The Rise of Career Nomadism

Small Business Labs

For an increasing number of workers, it’s not simply a matter of having a traditional payroll job or working independently.  Korn Ferry is a large, global organizational consulting and recruiting firm. Their research institute recently released their Top 10 Talent Trends for the New Year.    All the trends are interesting. But the one that jumped out at us is the rise of career nomadism.

2020 40

Things You Can Do As A Small Business Owner To Limit Your Tax Liability

Eco-Office Gals

It is advisable that as an employer you create accountable plans to help you cut down on payroll taxes. Tax obligations will always be there as long as you’re running a business, whether it is a small scale business or a large scale business. There are different types of business taxes such as sales taxes, employment taxes, excise taxes, income taxes among others. It’s your responsibility as an entreprenuer to know how to pay your tax bills.

2019 100