Most business owners are familiar with their minimum wage responsibilities. But if you take on a federal or state government contract, you also need to know about prevailing wages. What are prevailing wages?
Read More What Are Prevailing Wages?
Most business owners are familiar with their minimum wage responsibilities. But if you take on a federal or state government contract, you also need to know about prevailing wages. What are prevailing wages?
Read More What Are Prevailing Wages?
When employees incur travel-related business expenses, you might consider covering their costs. You can reimburse employees for expenses by giving them per diem pay. What is per diem pay?
Read More What Is Per Diem? How to Cover Employees’ Travel-related Business Expenses
One word, two syllables. And completely unavoidable if you’re an employer. Ah yes, we’re talking about payroll. It’s a pretty common term in the workplace (Don’t forget to run payroll!). But, what is payroll exactly?
Read More What Is Payroll?
Employers juggle many responsibilities, including calculating and withholding payroll taxes and other deductions. But, what exactly does payroll taxes include? And, how do you know how much to withhold from employees’ wages? If you’re wondering about understanding payroll taxes, never fear. Your payroll taxes breakdown is here.
Read More What Are Payroll Taxes?
When you have employees on payroll, you withhold taxes and issue payments on a regular basis. And regardless of which way you choose to pay your employees (e.g., direct deposit), there is one item you typically need to give to employees: a pay stub. But, what is a pay stub? What is on a pay […]
Read More What Is a Pay Stub? Quick Facts for Employers
Payroll has a lot of moving parts to keep track of: employee hours, gross pay, net pay, payroll taxes, employee deductions, employer contributions, and the list goes on. Seeing all of that information in one place would be a dream come true, right? That’s where the payroll register comes in. So, what is a payroll […]
Read More A Handy Guide to the Payroll Register
As a business owner, part of the job is managing a lot of different records. From tax records to accounting records, it can be quite a bit to keep up with. And when you hire employees and become an employer, it adds employee payroll records into the mix. Read on to learn all about payroll […]
Read More What Should Your Employee Payroll Records Include?
A business owner without liabilities is like a house without a door. You just don’t see it. And if you’re an employer, one of your many liabilities revolves around payroll. You can’t neglect or delay paying your payroll liabilities, or you may face disgruntled employees, IRS penalties, and upset payroll service providers. So, what are […]
Read More What Are Payroll Liabilities?
Pay frequency, or how often you pay your team, is one of the first decisions you must make when you hire your first employee.
Read More Pay Frequency: Definitions, Options, and How to Choose
Have you ever had an employee ask you for a salary advance? Maybe they’ve hit a financial rough patch. Something unexpected, such as a medical emergency, might require more money than the employee has saved up.
Read More A Closer Look at Salary Advance Agreements and Payroll Policies