Charlette Beasley

Learning how to do payroll for your small business is essential for hiring new workers. Hiring and paying employees is regulated by federal and state laws, so you must determine which laws are applicable to your business. You’re responsible for submitting tax and hiring documents in addition to paying taxes and wages on time. You…

Payroll processing consists of the steps needed to pay employees each period, and involves tracking hours worked, deducting money for employee benefits, and remitting payroll taxes. Establishing a solid payroll process helps employers avoid penalties for breaking Department of Labor laws (minimum wage, unpaid overtime), and payroll software makes it easy. You can reduce the…

Free timesheet templates are preformatted documents—Word documents, Excel spreadsheets, PDFs—employers use to save time tracking hours worked by their employees or contractors. The type of template employers need depends on their pay schedule—weekly, biweekly, monthly, daily, semimonthly. For businesses with 10-plus employees, upgrading to automated timesheet software can save hours of work. Is taking care…

An earnings withholding order is a court-issued document requiring employers to withhold and remit money from an employee’s paycheck to pay a creditor for an unpaid debt. Some examples of this debt are past due student loans and delinquent tax bills. To avoid liability, employers should immediately and only withhold what’s required in the order….

Payroll software makes it easy to calculate wages, pay employees via direct deposit, and file taxes for businesses that want to manage their payroll in-house. We compared popular options and including Gusto and Paychex. These cloud-based solutions make the most sense for small businesses due to ease of use and affordability. 7 Best Payroll Software…

A pay schedule is a timetable employers follow to pay their employees. It includes the work periods for which employees are paid in addition to their pay dates. There are several pay schedules from which to choose — for example, weekly or twice a month — and our payroll calendars make them easier to track….