If you have nonexempt employees, you have to pay them overtime wages whenever they work overtime hours.
Read More Is Overtime Taxed Differently Than Regular Wages?Kaylee DeWitt
What’s the Difference Between Pre-tax and Post-tax Deductions?
If you provide benefits to employees, you probably wonder how to withhold wages for the benefits properly. Do you withhold the premiums and contributions before or after taxes? Can you choose to withhold however you want? Well, it depends on the benefit. So, you must understand the difference between pre-tax vs. post-tax deductions.
Read More What’s the Difference Between Pre-tax and Post-tax Deductions?Payroll 101: How to Set up Payroll for a Small Business
Hired your first employee? Check. Set a start date? Check. Ready to process payroll? Not quite yet. Before you can start paying your employees, there are a few steps you need to know and some terms to learn. This handy payroll 101 guide explains how to set up payroll the right way so you can […]
Read More Payroll 101: How to Set up Payroll for a Small BusinessHow to Employ Your Child: 10 Tips for Keepin’ It in the Family
Do you daydream about working with family members? You may consider hiring your child if you’re a small business owner. That way, you can show them the ins and outs of your business and the importance of hard work. At the same time, you gain an extra set of hands to get tasks done (win-win-win!).
Read More How to Employ Your Child: 10 Tips for Keepin’ It in the FamilyThe Basics of Revenue in Small Business
Revenue is a vital part of your business. Your business needs revenue to survive. So, you must understand revenue. Below you will learn what revenue is, why revenue is important, how to calculate it, and how to increase it.
Read More The Basics of Revenue in Small BusinessPartnership Advantages and Disadvantages
If you’re starting a business and have one or more partners, it might seem obvious to form a business partnership. This is a business structure that allows you and at least one other person to both have ownership of the business. Even though forming a business partnership might make sense, it’s not your only option. […]
Read More Partnership Advantages and DisadvantagesSalary vs. Hourly: Which Should Your Employees Be?
Determining how to pay employees can be difficult. Not only do you have to determine how much to pay employees, you also have to decide if you will give employees a salary or hourly wages.
Read More Salary vs. Hourly: Which Should Your Employees Be?How to Set up Direct Deposit Payroll for Employees in 6 Steps
With direct deposit being the most popular payment method for employees, you may decide to jump on the bandwagon at some point. But if you’ve never paid employees via direct deposit before, you probably have a few questions about the direct deposit setup process. To ensure your direct deposit is ready to roll, learn how […]
Read More How to Set up Direct Deposit Payroll for Employees in 6 StepsPrinting Payroll Checks: How to Print Payroll Checks in 5 Simple Steps
As an employer, you have different options to choose from when it comes to paying employees. One option you have is to print payroll checks. Printing payroll checks comes with a few decisions, like purchasing supplies and selecting a check layout. Learn what steps you need to take to get your employees’ wages from computer […]
Read More Printing Payroll Checks: How to Print Payroll Checks in 5 Simple StepsHow to Do Payroll Yourself: A Quick and Comprehensive Guide
If you’re thinking about hiring employees, you need a plan for payroll. But with the added expense of wages and benefits, you might not be too keen on the high price tag that comes with outsourcing payroll. Fear not—you can learn how to do payroll yourself.
Read More How to Do Payroll Yourself: A Quick and Comprehensive Guide