Your Small Business Resource
The FedNow service, a new real-time payment system developed by the Federal Reserve, has the potential to significantly benefit small businesses. In this article, we will explore how the FedNow service can help small...
The COVID-19 pandemic has had a significant impact on the global economy. To mitigate the economic fallout, the United States government has implemented various measures to support the economy, including the FedNow service. In...
If your current payroll provider is no longer meeting your needs, it might be time to switch companies to software that will better serve your business. Just thinking about changing can be overwhelming but...
As a new small business owner, you may have heard the phrase “running payroll,” which means paying your employees. It’s a rite of passage for new small businesses because it means you’ve grown to...
As an attorney, you already have a lot on your plate. If you run your own law firm, your duties may include managing your staff and running payroll in addition to serving your clients....
Buying a franchise allows you to own a business without having to start from scratch. Instead, as the franchisee, you can rely on the franchisor’s experience, name recognition, and advertising. You’ll still be responsible...
A pay period is a specific and recurring length of time where you track your team’s hours worked and pay them for that time. Because it will determine how many paychecks your employees receive each year and affect their income tax...
If your current payroll provider is no longer meeting your needs, it might be time to switch companies. When you’re moving your payroll data over to a new system, it’s vital that the info...
In payroll, the term “beginning balances” refers to amounts paid to and withheld from an employee during previous payroll runs in a fiscal period. You may also hear them called starting or opening balances....
Before employees start their first day on the job, it’s important they understand their compensation completely. They agreed to an hourly or salaried amount when you offered them the position. But, do they know...