Remove Payroll Remove Retirement Remove Salary Remove UPS
article thumbnail

The 4 Best Retirement Plans for Self-Employed Individuals to Consider

Success

Saving and planning for retirement as a self-employed person can be more difficult than for others. Company employees often have access to a 401(k) or other retirement savings account that lets them make automatic contributions pulled from every paycheck. How is a self-employed retirement plan different from a 401(k)?

article thumbnail

Stay on track with this payroll compliance checklist

BMT Office Administration

Payroll compliance is no small task. Everyone knows that executing payroll accurately and on time is important, after all everyone wants to get paid for their world. However, there is also a lot more that goes into proper payroll processing including a large number of compliance functions and concerns.

Payroll 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Do You Know Your Lifestyle Ratios?

Stephanie LH Calahan

  Revenue, net income, total expenses, and payroll costs are just a few of the items that you may be monitoring on your profit and loss statement.  It might be fun to come up with a few lifestyle ratios to help you measure and move toward your personal goals.  For interest income, it is likely to be very little.

Lifestyle 100
article thumbnail

Income taxes explained in 7 simple concepts

BMT Office Administration

It includes wages, salaries and tips; interest and dividends; capital gains; and pensions and annuities. Examples: employer contributions for health insurance and to retirement benefits. For withholding purposes: The tax rate schedules and the withholding tables don’t match up. However, both tables apply marginal tax rates.

Filing 52