Payroll tasks take up around 5 hours per week for a small business owner. This time, while well-spent, could be better spent elsewhere. All small business owners who run payroll know just how much of a challenge it can be unless they’re accountants with prior experience.
1. Start the Year With Employee Categorization
Employee categorization is essential to start the year. When your employees are not categorized properly, this can cause your payroll to be chaotic. Why? You need to know who will be exempt from overtime or not.
Start the year taking a look at all of your employees’ categorizations.…Continue reading