Learning how to do payroll in Tennessee is pretty simple since there are no state-specific regulations. Tennessee also does not have income taxes or any local taxes, and in turn, no state W-4 tax withholding form for you to process. Step-by-Step Guide to Running Payroll in Tennessee Tennessee follows federal guidelines for payroll, making the…
How To
How to Create an Employee Survey to Boost Engagement
Creating an employee survey involves determining the survey goals, demographics, format, and questions; testing and analyzing the results; and, finally, creating an action plan. An employee survey should measure and improve engagement, evaluate the success of onboarding, or monitor reaction to a specific issue. It should also provide relevant and valuable insights into the employee…
How to Do Payroll in Louisiana: An Employer’s Guide
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 Running Payroll in Louisiana Processing Louisiana payroll is not…
How to Complete Form 1120S & Schedule K-1 (+Free Checklist)
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 the questions required on Schedule B. Step 1: Gather the…
How to Change Business Bank Accounts (And When to Switch)
The process of changing business banks requires you to determine your banking needs, research options, prepare required documents, set up automatic payments again, and even close your old bank account. However, in the end, picking the right business bank is rewarding. It’s normal for small business owners to want to change business bank accounts when…
How to Refinance a Business Loan
To refinance a business loan, you must replace the existing loan with a new one. This requires you to have an understanding of how much you need to satisfy the existing loan, identify the best type of loan to suit your needs, and then find a lender willing to issue you funding. While there may…
How to Do Payroll in South Dakota: An Employer’s Guide
South Dakota is one of the easiest states in which to run payroll, as calculating South Dakota payroll taxes is a straightforward process. The state doesn’t collect income tax or require a state income deduction form—one less thing for you and your employees to worry about. There are no local taxes in South Dakota, either….
How to Do Payroll in Washington State: An Employer’s Guide
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 wage laws. Step-by-Step Guide to Running Payroll in Washington When…