Employers are legally permitted to round employee hours worked to the nearest quarter-hour for payroll purposes. This makes payroll calculations easier for some businesses. For many small businesses, ...

Payroll is directly associated with employee compensation. If the system you use to process your payroll has a weakness, it could affect paycheck accuracy. Payroll involves more than simply ...

Of your many responsibilities as a small business owner, ensuring that your employees’ pay is calculated accurately ranks near the top of the list. That includes withholding the correct amounts for ...

Learn how to calculate payroll taxes in these easy steps. Follow our guide for accurate tax deductions, tips, and tools to simplify payroll processing. Calculating your employees’ gross pay is just ...

Calculate take-home pay by dividing actual paycheck amount by gross pay and multiplying by 100. Adjust calculations for salaried or hourly status to find correct gross pay per period. Consider bonuses ...

It's almost that time of year; tax season is nearly here. But with all the forms and applications you need to fill out, it's easy to get confused. No matter if it's your first time or you've been ...

(Updated April 15, 2020: The SBA has provided additional guidance on how individuals with self-employment income who file a Schedule C, with and without employee. If you would like additional ...