How Small Businesses Should Use Payroll Service Systems
Small businesses can benefit from payroll service systems in multiple ways. As a business owner, it is crucial that you pay your employees accurately and in a timely manner. Reliable payroll software can help you to pay employees and avoid costly fines, courtesy of the Internal Revenue Service. When you get new payroll software, make […]
Guide to Using the Right Payroll Forms for Small Business
All employers must know how to submit the correct payroll forms for small business tax filings. When you create a business of any size, you will need to submit multiple forms to the Internal Revenue Service. However, keep in mind that companies of a certain size require you to fill out different forms. Filing the […]
How to Manage Payroll for 1099 Employees
Payroll for 1099 employees functions a bit differently than W2 employees for an employer. While you do hire 1099 employees for certain projects and other work, they are not the same as the W2 employees on your payroll. Because of their distinction, 1099 employees pay their own self-employment taxes, and employers simply pay the contractor […]
Payroll Direct Deposit Software for Business Owners
If you are an employer currently handling payroll on your own, you may want to consider a payroll direct deposit software to expedite payroll and make the process easier for you and your employees. Software tools are incredibly helpful for tax calculations and check preparations. Employees rely on their employers for timely and accurate checks, […]
Steps for Using Payroll Software for Self Employed
Starting your own business means prioritizing many things, including finding payroll software for self employed payments. Finding the software on top of your other responsibilities may not only take time, but also a close attention to detail. By selecting the right software and best business structure, you will minimize your taxes. We have compiled some […]
Finding the Right Payroll Software for Independent Contractor
Making a purchase of payroll software for independent contractor services can solidify your business. The IRS requires that independent contractors pay their taxes differently than W-2 employees. After gaining experience, those who have worked as independent contractors for some time often get the hang of these regulations. But what happens if you decide to develop […]
Finding the Best Payroll Software for Franchises
When looking at payroll software for franchises, each company has different needs. A company will have different needs based on factors like size and location. Before you consider any payroll service, make sure to consider these and other factors. Bookkeepers and local accountants work for some businesses. However, if you have in-house payroll specialists, a […]
1099-NEC 3-Up Copy
The IRS has changed the 1099-NEC printed form to a 3-up copy. For the Recipient or Payer/State Copies, only the 3-part perforated paper will be accepted – the 2-part perforated paper used in 2020 (or prior) will no longer be accepted. You can order the 3-part perforated paper from Nelco. Their contact information is 800-266-4669 […]
How to Use Payroll Software for 1099 Employees
Small business owners should, first and foremost, explore the best payroll software for 1099 employees. Finding what works best for your business early on will help to strengthen future financial decisions. However, paying 1099 independent contractors differs from standard W-2 employees. Make sure that you know the outlined steps below for paying 1099 independent contractors. […]
How to Use AMS Services for Payroll or 1099
As a small business owner, you likely employ both contractors and employees and might be unsure whether to use payroll or 1099 to process their pay and taxes. Employers commonly face this confusion as they go to hire new employees or contractors. We will briefly cover the difference between the two types of employees. Whether […]