Death is not easy for anyone. But, if an employee suddenly dies, your small business can be hit hard. Employees might want to use bereavement leave. You also need to keep your business’s administrative tasks going. When an employee dies, your payroll responsibilities don’t die, too. You will need to tie up any loose ends […]
Read More What to Do With Deceased Employee Wages and BenefitsKaylee DeWitt
What Is Attendance Management?
Employees come to work, do their jobs, and then go home. Day after day. But, sometimes employees call off sick or come in late. They might ask you to rearrange their schedules to accommodate their personal lives. How can you possibly keep track of all the coming and going? You need an attendance management system […]
Read More What Is Attendance Management?
What Is a Workweek?
Let’s say your employees come to work Monday through Friday. They don’t work at all on Saturday and Sunday. Monday through Friday is their workweek, right?
Read More What Is a Workweek?
State Income Taxes for Out of State Employees
Each state’s income taxes are different. Some states have low taxes, some have high taxes, and some states don’t have income taxes at all.
Read More State Income Taxes for Out of State Employees
The Basics of Schedule SE
If you are a small business owner who earns self-employment income from your business, you must pay self-employment tax. Like all taxes, there is a specific form to calculate and file self-employment tax. Do you know what form to use for self-employment tax?
Read More The Basics of Schedule SE
What Is the Form W-2 Deadline?
Form W-2 is a document that details what you paid an employee during a calendar year. It shows their gross wages, withheld taxes, and other withholdings.
Read More What Is the Form W-2 Deadline?
Do Employers Have to Pay Unemployment Taxes?
As a small employer, you have all sorts of payroll taxes to worry about: income taxes, Medicare tax, and Social Security tax. But, what about unemployment taxes? Do employers have to pay unemployment taxes?
Read More Do Employers Have to Pay Unemployment Taxes?
Understanding the Work Opportunity Tax Credit (WOTC) and Its Benefits
Have you hired a veteran? What about a SNAP recipient or ex-felon? If so, you may be eligible for the Work Opportunity Tax Credit (WOTC). Get to know all-things WOTC, including what is a work opportunity tax credit, which businesses are eligible, and how to apply. What are you waiting for? Get reading!
Read More Understanding the Work Opportunity Tax Credit (WOTC) and Its Benefits
Can Employees Be Paid Quarterly?
When you’re trying to decide how often to pay employees, you’ll realize there are several options. Common pay frequencies include weekly, biweekly, semi-monthly, and monthly. But, you might be wondering if your employees can be paid quarterly.
Read More Can Employees Be Paid Quarterly?
Can a Sole Proprietor Have Employees?
Many people picture sole proprietorships as tiny, single-person businesses. The owner is tucked away in a little home office, working long, odd hours to keep their business going.
Read More Can a Sole Proprietor Have Employees?