Part of being an employer is withholding taxes from your employees’ wages before giving them their paychecks. That’s why you need to understand taxable wages before you run payroll. Continue reading “What Employers Need to Know About Taxable Wages”
Patriot Software (“PATRIOT”), a provider of online accounting and payroll software, announces that it’s presently calculating $3 billion annually in payroll for tens of thousands of American businesses. Continue reading “Patriot Software Is Calculating $3 Billion in Payroll Annually”
As a business owner, you must track the money going in and out of your company to keep your finances on track. One way you can do this is by monitoring your profit and loss statement for small business.
Read on to learn how a profit and loss statement can benefit your business and how to create one of your own.
As a small business owner, you have a lot on your plate at all times. You do your best to keep your accounts, finances, and books in order. But sometimes, things just slip your mind.
At some point or another, you might spend more than what you have in your account. When this happens, you have non-sufficient funds. Read on to learn what are non-sufficient funds, what to do if you have them, and how to avoid insufficient funds.
Patriot Software, commonly known as “PATRIOT,” rolled out its revised brand on January 29, 2020. Patriot provides premium accounting and payroll SaaS software to American businesses and their accountants. Patriot operates in the US financial accounting software market, including payroll, which is expected to grow at a CAGR of 11.7% to $10.37 Bn by 2025 (source: MarketWatch press release). Continue reading “Patriot Software Unveils New Logo and Brand”
Hiring new employees can be super exciting. But with great new employees comes great responsibilities. As an employer, you’re responsible for onboarding new hires. Not to mention, you need to collect new hire paperwork, including Form I-9, from your workers.
Keep reading to learn all about Form I-9, including a breakdown of the form’s different sections and common Form I-9 errors to avoid. Continue reading “Form I-9 In a Nutshell: Sections, How to Fill Out, and More”
Patriot Software, a provider of online accounting and payroll software, announces the further expansion of its current advertising campaign onto national television platforms beginning January 13, 2020. Continue reading “Patriot Software Unveils First Television Commercial”
As an employer, you’re responsible for withholding taxes from your employees’ wages and reporting the amount to the government. And in order for employees to file their individual tax returns, you need to show them how much you withheld during the year. So, how do you do that? You need Form W-2.
Ready to get a firm grasp on this whole Form W-2 thing? Read on to learn and understand Form W-2.
There are countless organizations and charities that work to help individuals or communities in need. These types of organizations are typically considered not-for-profits. Read on to find out what is a not-for-profit organization and how not-for-profits differ from nonprofits.
Collecting, reporting, and remitting payroll taxes are some of your key responsibilities when you have employees. And if you forget or downright neglect your responsibility, your small business could receive a penalty for not paying payroll taxes.
Whatever your reason for missing your deposit deadline, not paying payroll taxes is a big deal to the IRS and other tax agencies.