Free Resources

A pay period is the recurring period of time during which employees work and are paid. These are fixed and most often occur on a biweekly or semimonthly basis—but note that some state’s laws may require a certain frequency. Also, some industries follow a specific

Retroactive (or retro) pay is compensation an employee receives for work they’ve already completed but were not correctly paid for at the time. There are a variety of reasons for the discrepancy, such as an increase in wages, a missed bonus, or incorrect hours tracked.

To do payroll in Maine, it’s important to know its state payroll laws, especially for seasonal businesses. The state charges income tax from 5.8% to 7.15%, and its unemployment insurance tax runs from 0.22% to 5.69% (adjusted rate). In addition to rules for seasonal jobs,

Editorial and Partnership Disclosure  Mercury IO Mastercard® is a business charge card that offers 1.5% cash back on all purchases. To qualify, you must open a Mercury checking or savings account and maintain at least a $25,000 balance—your Mercury account balance will determine your credit limit. Note

Doing payroll in Oklahoma involves more than paying employees. In addition to filing federal taxes, you must file state income and unemployment insurance taxes. There are exemptions for some workers, like military spouses, and the state has its own W-4 form (the document you’ll have

Self-employment tax consists of Social Security (12.4%) and Medicare (2.9%), for a total of 15.3%. It is assessed on income earned and must be paid even if you don’t receive a 1099-MISC for your services. If you’re a sole proprietor, freelancer, general partner, or independent

Processing payroll in Louisiana is relatively straightforward. Louisiana has only one state-specific payroll form and no local taxes. Its income tax system is progressive, with rates ranging from 1.85% to 4.25%—so the more an employee makes, the more they will pay in taxes. Step-by-Step Guide to

The filing of Form 1120S is required annually for every S corporation (S-corp). The return includes a combination of financial data and questions about the nature and operations of the business. We’ll cover how to enter the financial information and do an in-depth dive into

Employment application forms are essential for any business looking to hire new employees. These generally contain sections for personal and demographic data, as well as work history and qualifications, to help you make the best decision when reviewing candidates. Below are some guidelines on how to

Washington State does not have state income taxes, but it does have many specific laws concerning payroll. For example, hiring minors requires a special addition to your business permit. The minimum wage is higher than most states, and Seattle and SeaTac have their own minimum

Writing a winning business sales proposal is a key step in landing new clients and growing your business. As a small business owner, this is your chance to showcase your expertise, outline your solution, and demonstrate why your product or service is the perfect fit.

Small businesses that offer paid time off (PTO) must manage vacation accruals accurately—keeping track of how many PTO days each employee has earned and when it was used—to avoid labor law violations. Our PTO accrual calculator lets you determine the appropriate accrual rate to use