Let’s be honest—most payroll companies seem like they’re doing the same thing. That’s why it’s SUPER overwhelming to figure out which company to go with. Beyond looking at the basic features and price tag, what else makes a payroll service stand out? Let’s walk through the four most important things to ask yourself when choosing […]
The 5 Most Common Payroll Mistakes Small Businesses Make
Every small business owner will eventually have to deal with payroll as they grow their business. Here are the five most common mistakes seen small business owners make with payroll, and how you can avoid getting tripped up by them. Payroll taxes This is the biggest and potentially most dangerous mistake you can make with […]
Is your paycheck a tax time bomb?
Is a Tax Time Bomb Lurking in Your Paycheck? Does your paycheck look a little higher than normal? If so, it could be a tax time bomb. The Problem A payroll tax deferral beginning September 1 was recently signed via a presidential executive order. This deferral of the employee’s portion of Social Security will raise […]
Understanding Payroll Taxes
Update as of August 11, 1:00pm, ET: President Trump signed an executive memo on August 8, 2020 that calls for a deferral of payroll taxes for employees. To understand how this may affect your business or your team read Gusto’s analysis of the Payroll Tax Deferral Executive Memorandum. Please note we use affiliate links to products for which […]
Tips for using the IRS Tax Withholding Estimator
The IRS encourages everyone to use the Tax Withholding Estimator to perform a “paycheck checkup.” This will help you make sure you have the right amount of tax withheld from your paycheck. There are several reasons to check your withholding: Checking your withholding can help protect against having too little tax withheld and facing an […]