In business, you must keep records of your transactions in your books. Your accounting books provide a place for you to review your business’s income and expenses and see where you stand financially. By keeping your books organized and up-to-date, you can take control of your finances and make smart business decisions. But before you […]Read More How to Set up Accounting Books for Small Business
The time may come when you want to shut down your business to retire, open a new venture, or start a new career path. Regardless of your reason, the process for closing a business is different than selling it. Although it can be overwhelming, you can de-stress with our closing a business checklist.Read More Closing a Business Checklist: 8 Steps for a Smooth Transition
However, becoming an employer comes with many additional responsibilities. If you’re ready to become an employer, you must know which steps to follow.Read More 8 Steps to Follow When Becoming an Employer
You must deduct payroll taxes from employees’ wages. But, what do you do with the withheld money? You can’t hold onto it until someone asks for it. You must pay payroll taxes to the federal government. Some employers might have to send money to their state and local governments, too. Learn how to pay payroll […]Read More How to Pay Payroll Taxes
Small business owners in every U.S. state can now use online payroll from Patriot Software, the company announced today. The company recently approved the states of Pennsylvania and Michigan, finishing work that has been several years in the making, according to Wendy Smith, Patriot Software payroll manager. “Our team has worked very hard to achieve this […]Read More Patriot Software Now Offers Online Payroll in All 50 States
Patriot Software is pleased to announce that their online payroll software is available to Washington small business owners. This is great news for the 549,000 small business owners in the state of Washington, according to Mike Kappel, founder and president of Patriot Software.Read More Big News: Online Payroll Software Available in Washington!
As a business owner, you do a good job of juggling many different tasks: payroll, task delegation, accounting for small business – you name it. but it’s impossible to accomplish everything. Unfortunately, the employee performance review can be one of the first items to fall off a business owner’s To-Do List. Writing an employee performance evaluation […]Read More 5 Reasons You Shouldn’t Blow Off Employee Reviews
EFTPS, the Electronic Federal Tax Payment System, is now issuing Inquiry PIN numbers to business owners who use an outside payroll tax service to handle their federal payroll tax deposits. Once a payroll tax provider enrolls a client in EFTPS, the client will now receive a letter with a separate inquiry PIN and their enrollment […]Read More EFTPS Issues Inquiry PINs for Payroll Tax Clients
A recent story in The Wall Street Journal tells the startling story of payroll tax services that have failed to properly handle their clients’ tax deposits and filings. Not only did the small business clients lose their tax money, but the payroll tax service packed up and left, leaving the small business owners to deal with […]Read More Did Your Payroll Service File Your Taxes?
You can’t wait to hire someone to fill your open position. But the hiring process actually takes a lot of time and energy: conducting a search, interviewing candidates, reviewing resumes, running thorough background checks, and making final hiring decisions. Are you up to the task? In this eight-page resource, you’ll learn about: Creating a job […]Read More Hiring Best Practices: Free Guide