If you’re a small business owner with employees, a significant portion of your business’s expenses goes toward paying wages. That’s why you should pay attention to your year-to-date (YTD) payroll expenses. What is year-to-date payroll?
Read More What Is Year-to-date Payroll, and Why Does it Matter?Payroll Reports Articles
Payroll Reports - Tips, Training, and News
9 IRS Payroll Forms for Small Business
As an employer, one of the biggest responsibilities you have is knowing which payroll forms to fill out. With so many forms out there, it can be difficult to know which apply to your business. Learn which IRS payroll forms your small business must file, due dates, and where to send each form.
Read More 9 IRS Payroll Forms for Small Business
Can Your Employees Change W-4 Forms?
New employees must complete Form W-4 before they start working at your business. With Form W-4, employees input information that determines their federal income tax withholding, which allows you to run payroll. To adjust their withholding, employees must change W-4 forms.
Read More Can Your Employees Change W-4 Forms?
How to Perform a Form W-2 Reissue
Important documents go missing or get damaged all the time. An employee’s Form W-2 is one document that might be subject to those fates. An employee might send the form through the wash, toss it out with the junk mail, or simply lose it out of their back pocket. No matter what happens to the […]
Read More How to Perform a Form W-2 Reissue
What to Do With a Form W-2 Returned to Employer
Every year, you are required to send Form W-2 to employees by the January 31 Form W-2 filing deadline. Hopefully, those forms will get to your employees. But, some forms might come back to you as undeliverable, especially if you have incorrect employee addresses on file. What should you do with Forms W-2 returned to […]
Read More What to Do With a Form W-2 Returned to Employer
What Is Schedule A (Form 940)?
Are you a small business owner with employees? Even if you had only one worker this year, you need to manage your FUTA taxes, and send Schedule A and Form 940 to the IRS. What is Schedule A (Form 940)?
Read More What Is Schedule A (Form 940)?
The Payroll Compliance Checklist You Need to Use
Payroll compliance isn’t a once-per-year task you can easily check off. Remaining compliant is a big job. You must make sure your business is compliant with all payroll laws year-round. You can make payroll compliance easier and less stressful by doing tasks throughout the year. In fact, there are some tasks, like filing taxes, that […]
Read More The Payroll Compliance Checklist You Need to Use
What Is Form 8655?
When signing up for payroll services that include tax filing, you’ll be asked to fill out Form 8655. The company won’t be able to file or deposit your taxes until you submit the form. So, what is IRS Form 8655 used for? Find out below.
Read More What Is Form 8655?
Do I Need to File Form 8027?
In some industries, employees earn the bulk of their wages from tip income rather than hourly or salary pay. If you own a food or beverage establishment, your employees likely earn tips. Like regular pay, you still need to withhold taxes on tip income. And, you need to report tip earnings on Form 8027.
Read More Do I Need to File Form 8027?
Everything to Know About IRS Form W-2
If you have employees, you are responsible for many tasks like running payroll, withholding payroll taxes, and distributing IRS Form W-2. As you might know by now, Form W-2 can be uber confusing. Who receives a form? Where do you send it? When is it due? Get the answers to these questions and more by […]
Read More Everything to Know About IRS Form W-2