Choosing the Right Payroll Programs for Small Business

Automating payroll processes promises saved time and increased efficiency, however, the process of switching may appear daunting, particularly if there is uncertainty about which payroll program is right for the organisation. Understanding the many options available will give decision makers confidence in choosing the right solution for their business.

Payroll software

Tips on how to choose the right payroll software solution:

Examine the business needs

No two small businesses are the same and a business will benefit from features that cater to its unique needs. When choosing payroll software, consider the following factors:

  • The size of the business
  • Time allocated to payroll functions
  • Budget available that can be allocated to payroll processing
  • Level of comfort and familiarity with regulatory and legal payroll considerations

When needs have been clearly outlined, finding the software that fits the business will become significantly easier.…

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Payroll Doesn’t Have to Be a Chore

Business owners may find that some of the more routine tasks they are required to undertake are also some of the more tedious, and payroll and wage administration can be one of those selfsame tasks. Nonetheless, the administration of payroll, even if the business is a one person operation, is essential from both a regulatory and legal perspective. It also makes sense to streamline payroll from an efficiency point of view.

Payroll and tax forms

Contractor pay solutions can take the difficulties out of payroll for business owners. By outsourcing payroll administration, a business can remove the difficulties for itself of tracking different wage systems and associated costs.…

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Small Business Payroll Taxes

payroll taxesThere is no escaping the wrath of the IRS when it comes to unpaid taxes. There are several differences between running a small business versus a large corporation, but at the end of the day, payroll taxes are something that all business owners must pay close attention to in order to avoid problems with the IRS.

Owing the IRS is not the same as owing a lender or creditor. In the latter situation, you can often negotiate or work out payment arrangements that will allow you to avoid legal ramifications and get your accounts in order without losing your business. The IRS is not a lender nor creditor and will take aggressive action with collection efforts.…

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