Common Payroll Tax Pitfalls

Small Business CEO

If you have employees, then payroll taxes are one of the costs of doing business. 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.

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. It also makes sense to streamline payroll from an efficiency point of view.

Trending Sources

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…

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. 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. Post from: Eco-Office Gals Eco-Friendly Payroll Options for Your Business.

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 80

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.

Free Up Your Focus: The Benefits of Outsourcing Your Human Resources Department

Small Business CEO

From payroll to talent development to recruitment, HR departments have a wide variety of tasks that require an array of skills and time to complete. In simple terms, Human Resources (HR) essentially deals with anything regarding the people involved in a company.

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.

Working Remotely Should Be Earned

Small Business CEO

Flex time and the opportunity to work remotely is often cited as a perk that can actually reduce payroll. Founder owners care about their employees. We would like nothing more than to provide every perk and benefit imaginable. The reality is we are running a business (i.e.

Seeking Freelance Flexibility With Full-Time Stability

Small Business Labs

Over the years, this study has detected a stark perceptional divergence between those who choose to work independently and those with traditional payroll jobs. The Inc. article What Do Millennials Want From Their Employers, Exactly? This Study Sums It Up in 1 Sentence says Millennials want: "Freelance flexibility with full-time stability" This is, of course, not just what Millennials want. It's what everybody wants.

2017 50

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.…

3 Loan Alternatives for Small Businesses

Small Business CEO

The obvious is to meet overhead, such as lease payments, utilities and payroll expenses. Financial capital is an essential but often elusive aspect of running a business. Capital is beneficial on several levels.

Top 3 HR Software Solutions – Make the Best Choice

Small Business CEO

Especially in institutions or businesses with a very large number of employees, if you don’t have an efficient and productive way of organizing all the variables as well as a quick and easy way to access payroll solutions, it can be near impossible to keep track of everything after a certain point.

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.

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.

2014 50

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.

2016 55

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.

2016 54

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.

UPS 2

How To Make The Gig Economy Work For You

Dumb Little Man

Getting and keeping clients, meeting deadlines and paying the bills is all on you: You’ll have to pay your payroll taxes, an additional tax burden above what you pay as an employee of a firm. Fifty years ago, the expectation was that you would be in the same job until you retire.

2017 55

How to double your productivity in 30 minutes

The Shrink for Entrepreneurs

Payroll. Payroll. Did I mention payroll? Even payroll. The secret sauce to next level business success is productivity. Let’s be honest. You started your business so that you didn’t have to sit in an office analyzing spreadsheets.

Top 10 Small Business Trends for 2015

Small Business Labs

  Cloud Automation tools are simplifying a wide range of traditional small business applications such as accounting, payroll, inventory management, HR and benefits administration, etc.  Top 10 Small Business Trends for 2015. Below is our 8 th annual Top 10 Small Business Trends List. Click here to see last year’s list and for links to the lists from prior years.    2015 Technology Trends.

2015 99

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.

Preventing Data Breaches: Why Third-Party Vendors Needs To Be Certified

Dumb Little Man

You can outsource your payroll, billing, mailers and printing so you can spend more time on growing your business. Data breaches are always in the news. That place you went for tacos last week got breached and now you need a new debit card.

2017 47

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

Small Business Labs

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. 

2017 36

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.

5 tips for Being a Freelance Worker

On The Job

The biggest fixed cost an employer has is payroll," says Tim Ozier , director of contract staffing at MRINetwork in Philadelphia.

2011 77

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.

How to Spur Employees Into Being More Loyal and Productive

On The Job

Your department or company is growing and that means there are a lot more people on the payroll. You might remember a time when you knew not only the names of everyone in your department or company, but details about their likes and and dislikes.

5 Top Jobs to Pursue Under Trump-onomics

Dumb Little Man

As a result of all this infrastructure spending, construction firms are now showing willingness to expand their payrolls to keep up with the expected demand. If you’re in the arts or the Environmental Protection Agency, you might be feeling apprehensive about your future. Donald Trump’s recent Federal Budget had some bad news for you. But if one door closes, you should expect another one to open.

2018 29

Using Satellite Imagery for Investment Analysis

Small Business Labs

   Payroll and financial data are good examples.  DigitalGlobe is a fascinating company.    According to their website: DigitalGlobe owns and operates the most agile and sophisticated constellation of high-resolution commercial earth imaging satellites. Add to that our aerial program offering wall-to-wall coverage of the U.S. and Western Europe. DigitalGlobe's imagery has mostly been used to study the physical world. 

Common HR Dilemmas and How to Solve Them

Small Business CEO

Task automation allows a single HR manager to keep track of even a sizable headcount, resolve issues on employee records in a timely manner and communicate changes made to the data to payroll and management immediately.

The Clean and Simple Cloud Computing Primer for Small Businesses

Small Business CEO

Cloud-based software is now available to do everything from manage your invoicing to calculating payroll. Nobody likes paying for things they don’t use.

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.

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.

Can Outsourcing Work For Your Business?

Small Business CEO

While there are various tools which may help entrepreneurs in tasks ranging from payroll to marketing services, outsourcing is still very popular among businesses. Business owners have different reasons for outsourcing some of their business processes.

Featured Soloist Nea Joy Justice: “My Fallback Position Is My Resourcefulness and Commitment”

The Solopreneur Life

I always had an interest in working for myself, but in my 20s I became truly tired of being just another name on the payroll. T his is The Solopreneur Life’s “Featured Soloist,” the purpose of which is to give all of us a glimpse at how other solopreneurs operate their small businesses.

2012 33

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

Productive & Organized

  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.

2012 78

Book Review: Raw Deal - How the Uber Economy is Screwing American Workers

Small Business Labs

Shared Security benefits would be earned and accrued via automatic payroll deductions, regardless of the employment relationship, and, like Social Security, these benefits would be fully prorated, portable, and universal.

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.