Some businesses prefer paying employees cash instead of other payment methods, like direct deposit or check. If you choose to pay cash wages, you are still responsible for depositing and reporting employment taxes.
Read More Is Paying Employees Cash Under the Table Legal?
Author:
Rachel Blakely-Gray
As Patriot's Content Manager, Rachel creates engaging and informative content aimed to help business owners understand complex accounting and payroll topics.
How to Handle the Death of an Employee in Your Small Business
An employee’s death can be sudden and unexpected. But, you can’t be caught unaware by your employer responsibilities for handling the death of an employee.
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Bimonthly Payroll: What Does Bimonthly Pay Mean?
You’re trying to figure out a decent pay frequency for your business. There are a number of popular options, like weekly payroll, and some that are a little more out there, like bimonthly payroll.
Read More Bimonthly Payroll: What Does Bimonthly Pay Mean?
How to Lay Off Employees: Small Business Edition
Layoffs are sweeping the USA, impacting workers at companies like Shopify, Tesla, and Peloton. At some point, you may need to lay off employees in your small business, too.
Read More How to Lay Off Employees: Small Business Edition
Unpaid Time Off: Policy, Payroll, and Beyond
When it comes to private industry workers, 77% have access to paid sick leave and 77% have access to paid vacation time. But, what happens if you can’t afford to offer your employees paid time off (PTO)? Or, what if your employees use up all of their PTO and need to take time off from […]
Read More Unpaid Time Off: Policy, Payroll, and Beyond
Speed up Customer Payments With an Early Payment Discount
Ever feel like getting customers to pay is like pulling teeth? If you’re in business and invoice customers, the answer is likely a resounding yes. Many customers wait until the due date to pay (who hasn’t?). Other customers still don’t pay even after the deadline has passed. And if your business needs cash, you may […]
Read More Speed up Customer Payments With an Early Payment Discount
Biweekly vs. Semimonthly Payroll: Understand the Difference
Deciding on a pay frequency for your small business is an important decision. Your pay frequency determines how often you process payroll and when employees receive their paychecks. Two popular, yet easily confused, pay periods are biweekly and semimonthly.
Read More Biweekly vs. Semimonthly Payroll: Understand the Difference
Patriot Tops the List for Business Value, Support, & More in SoftwareReviews’ 2022 Report
Canton, OH Patriot Software, an accounting and payroll software provider for American businesses and accountants, stands out in SoftwareReviews’ 2022 Emotional FootPrint awards after ranking first in key categories like “Business Value Created,” “Vendor Support,” and more.
Read More Patriot Tops the List for Business Value, Support, & More in SoftwareReviews’ 2022 Report
What Is the Cost of Training Employees?
Hiring new employees is a beautiful thing. Employees can simplify operations and bring in more money for your business. But before employees can be all-stars at your business, you must train them. What is the cost of training employees?
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How to Handle Accrued Time Off in Your Business
Paid time off (PTO), including vacation days, sick days, and holidays, is a popular employee benefit. According to the Bureau of Labor Statistics, 77% of employees receive paid vacation days, 77% receive paid sick leave, and 79% receive paid holidays. But when employees don’t use up their PTO, they’re left with accrued time off.
Read More How to Handle Accrued Time Off in Your Business