Published: Sat, 25 Feb 2017 14:35:22 -0600
Fri, 03 Feb 2017 11:08:08 -0600Business growth is usually accompanied by increases in head count, which in turn is accompanied by increases in employee costs other than wages. Many business owners attempt to minimize the impact of these changes by recruiting independent contractors rather than employees. However, improper classification of workers may result in significant costs.
Wed, 11 Jan 2017 07:33:40 -0600Payroll is something that should be managed regularly and endlessly. Moreover, this is complicated with not only the employees but also the government regulations that need to be adhered to. Management may choose to either outsource or manage by them using application for this end
Tue, 20 Dec 2016 14:52:39 -0600Running a business is not all about trading your product or service with the client, getting paid for it, calculating the profits and the losses, balance sheets etc. The business also has to be compliant with the statutory laws that govern the business. These laws are prepared by the state as well as the central government and have been made mandatory for the businesses to be compliant with it.
Tue, 08 Nov 2016 11:02:49 -0600Payroll is one of the most arduous of business processes. When you multiply that by the client load managed by PEOs, you've got an ulcer-producing mess that takes an inordinate amount of time.
Wed, 07 Sep 2016 14:52:49 -0500Finding paystub templates for a new business can save time and headache for companies just starting out. A great option for those with limited budgets, custom payroll check stubs can be used repeatedly for years with little to no modification. This article details where to find templates for your new business.
Wed, 17 Aug 2016 09:00:39 -0500A virtual assistant bookkeeper is gold for your business as it will save you a third of the cost of a CPA to do the same job. Your information will be organised on either QuickBooks or MYOB ready to send to your accountant.
Wed, 25 May 2016 13:25:14 -0500If you owe 10k or more to the IRS due to unpaid payroll taxes and would like to resolve your tax liability for less than what's expected, there's programs available to help. The IRS offers many different resolution options for 941 payroll tax liabilities.
Wed, 11 May 2016 11:43:12 -0500H&R Block Mobile - iOS, Android - The H&R Block Mobile app makes it easier to file your taxes, by connecting you directly to tax professionals. Basically, the app lets you upload your documents and send them to a tax pro. It can create a personalized checklist of required documents, and lets you view tax returns from previous years. If you need to schedule a face-to-face meeting with an H&R agent, the app can also help you find the closest office in your area. Additionally, the app lets you check the status of your federal tax return, and estimate the amount of your return with a built-in calculator.
Wed, 30 Dec 2015 09:30:33 -0600eCommerce has become all the rage with more and more businesses going this route. Meeting customer expectations, fulfilling them as well as keeping ahead of the competition is something that is very important for such firms. Accounting requires a lot of tedious bookkeeping and long hours and that is the reason why choosing accounting outsourcing for eCommerce firms is such a good idea.
Wed, 30 Dec 2015 09:26:05 -0600Every company wants to succeed and achieve a high sales pitch but the question is, does it have a systematic management? Account outsourcing companies that function with the willingness to change and ensure thoughtful planning can help a business in many ways. Accounting outsourcing is a cost effective measure that includes supervision of accounting tasks and improved customer support services.
Mon, 28 Dec 2015 07:07:40 -0600Year end accounting can be problematic, especially if you have not been paying attention all through the year. The truth is that most businesses, especially ones without dedicated accountants on their payroll, don't worry about it till tax season comes, and when it does, there's always too much to do and very little time!
Tue, 03 Nov 2015 10:54:06 -0600Quality payroll software increases efficiency while making the HR manager's life a lot easier. A good payroll software program is capable of doing complex calculations quickly.
Thu, 01 Oct 2015 14:37:07 -0500As technology moves ever forward, how are you leveraging it to address your business' complex and evolving needs? It is no secret that it's easier - and more "green" - to conduct business using less paper, yet the true value of going digital goes far beyond the simple consumption of paper and ink. A cloud-based labor management approach can bring more value to your company than you may realize.
Mon, 28 Sep 2015 13:28:21 -0500Gauging by its present trajectory, the practice of payroll outsourcing is going to be one of the most inherent aspects of the corporate realm in a few years. The HR outsourcing industry has witnessed a huge spike in its numbers as is evident through various researches conducted. As the global economy gets more and more unpredictable and prone to risks, the emphasis on cost reduction is getting more prominent.
Mon, 15 Jun 2015 08:37:26 -0500From managing employees to securing sales and dealing with any growth opportunities; as a business owner you will have many things to deal with. Whether you own a small business or are just starting up, you will understandably be under a lot of pressure to ensure that if nothing else, your company keep its head above water and nothing is more crucial to that then your finances.
Mon, 20 Apr 2015 15:34:51 -0500German Payroll is complex and time consuming. When starting work in Germany it is vital to not only work alongside a payroll organisation that knows what they are doing, but also for you to have a basic understanding of how the process works.
Thu, 22 Jan 2015 15:12:00 -0600Payroll is now a complex issue. Long gone are the days when firms handed out cash to expectant workers who formed an orderly queue at the end of each week. These days, a range of issues have to be taken into account and the process of calculating employee remuneration is complex.
Mon, 12 Jan 2015 07:11:20 -0600Well it's that time of year again - Tax Time! And the very first filings that have to be done are the quarterly returns for the last quarter of last year. You also need to prepare and distribute W-2s and 1099s. Before you start preparing these forms you need to get a few ducks in a row (Hi Trish!). So here are 5 things you need to do before you get to printing.
Thu, 11 Dec 2014 14:35:38 -0600Umbrella companies have grown over the past decade since it started in the middle of 2000. Using an umbrella company relieves contractors from working through their own limited company and offers a hassle free business structure. It is for this reason there are more than 200,000 people in the UK working through umbrella companies.
Tue, 02 Dec 2014 10:18:46 -0600When it comes to getting help with with your payroll requirements and tasks, it is important that you take the time to choose the best and most trustworthy service provider. This is because when it comes to your company's payroll and more importantly, your employees' salaries, you cannot afford to be hasty and careless. To make sure that you will be choosing and hiring the best and most trustworthy payroll solutions provider, you need to consider the following important factors.
Fri, 31 Oct 2014 09:26:31 -0500By being more vigilant and adopting control policies, you can protect your business from the losses you might incur because of payroll fraud. Small businesses typically suffer more because they lack the elaborate internal controls that larger companies might implement.
Mon, 27 Oct 2014 15:39:18 -0500The difference between an exempt and a non-exempt employee is whether the employee receives their wages as a salary with no overtime, or as hourly with the ability to earn overtime wages. The FLSA has developed some tests to determine how a specific position should be classified.
Mon, 27 Oct 2014 08:14:41 -0500While you think you're happy in QuickBooks Pro or Premier, I suggest it's always worth looking at Enterprise Solutions. You may find that Enterprise could make life simpler in your business because of the extra features.The new Enterprise 2015 gives you more bang for your bucks - more data controls, more customization options, more efficient workflow, powerful reporting capabilities.
Tue, 14 Oct 2014 06:46:48 -0500The new QuickBooks 2015 brings more functionality. Check out the new features.
Thu, 09 Oct 2014 07:02:01 -0500It's generally a good idea to keep overhead costs low so that your business profits will be higher. But there are times when increasing expenses yields great payoffs.
Tue, 07 Oct 2014 09:00:07 -0500Dutch Payroll can be incredibly complicated, but just how complicated? Here we give a very basic outline for those just starting as a contractor or freelancer within the Netherlands.
Wed, 01 Oct 2014 16:27:20 -0500Most new business owners are not aware they need to carry Workers' Compensation insurance in New York State. Many think it is only a requirement of contracting or construction companies. In actuality, all businesses that have employees need this insurance. Lack of coverage can caused many problems for the business owner.
Wed, 01 Oct 2014 10:59:00 -0500Calculating how much you owe in payroll tax when working within the Netherlands can be a complicated and time consuming process. This article aims to break the process down and help explain when and how to go about paying taxes to the Dutch authorities.
Wed, 01 Oct 2014 10:54:57 -0500Large changes are coming to the Dutch contractor market affecting contracts, salaries, probationary periods, transition payments and notification periods. Coming into force as early as January the 1st 2015, this article breaks down all the major changes that you will need to know about with input from industry professionals and experts in Dutch payroll.
Wed, 01 Oct 2014 07:21:15 -0500Over the years it has been amazing how many times I've been asked the same questions as above and how many times I have witnessed situations where business owners are not on payroll, and where they are not in compliance with payroll regulations. It is more important than ever to be in compliance. The tax authorities have increased their review of these issues.
Fri, 12 Sep 2014 12:30:17 -0500A paycheck stub refers to that part of the paycheck which workers may retain after having deposited the paycheck received by them. The usual information contained there is the amount paid, some personal information of the worker for use of the payer, and an ongoing computation of income all over the year or for the entire duration of the worker's employment. It is most usual for the pay stub to give detailed information of deductions carried towards insurance benefits, taxes, retirement plans, and such like features which could affect the workers' pay.
Tue, 01 Jul 2014 16:23:19 -0500Establishing a reliable timekeeping system is a big part of fulfilling your responsibility as an employer. Even so, manually keeping track of your employees' hours can take a great deal of time and patience. It could also lead to errors that result in financial losses for your business. Automated timekeeping systems can eliminate many hassles, while saving you both time and money.
Fri, 13 Jun 2014 09:39:31 -0500Payroll services can have a positive impact on the efficiency and productivity of your business. Outsourcing payroll can give you more time to focus on operating your business. Still, the choice between keeping it in-house or outsourcing should be taken into careful consideration.
Tue, 27 May 2014 13:10:30 -0500Calculation of payroll tax is always a daunting task. The calculation must be made based on the current tax structure announced by the government. As you may be aware, the structure is revised every year and therefore the computation of the tax must be made based on the existing structure. It is therefore needless to say, that the organization must be aware of the prevailing tax structures and other related laws. In order to compute the tax, the organization will have to get the necessary forms filled up by the employees. The details of salary as declared in the form will have to be cross checked with the official records. After this, the organization will have to compute the tax payable by the employee. If there is any mistake in calculation, the employee may not get certain tax benefits and on the other hand, the organization may also be put to greater inconvenience. Remember, tax laws are very stringent and IRS may take strict action against the organization.
Fri, 21 Mar 2014 15:20:46 -0500No matter what type of business, a reliable efficient way for employers to track employees work time is essential to manage labor costs. Employers need to look at their company's size, record keeping needs, work environment, and more when considering purchasing a time clock model.
Thu, 26 Dec 2013 13:54:36 -0600If you're a busy professional with multiple responsibilities, there's no need to stress over payroll. Use a time clock software to make payroll quick and easy so you can do more of what makes your business great.
Wed, 18 Dec 2013 15:24:56 -0600Childcare Vouchers not only save each parent up to 933 GBP each year on their childcare costs, but they also save employers money on their National Insurance Contributions. Read more.
Fri, 13 Dec 2013 06:57:11 -0600Outsourcing the payroll is certain to help many of small business professionals. Due to the increase in companies being fined by the IRS because of inaccuracies in the payroll, it certainly helps to rely on the skilled service providers available.
Wed, 04 Dec 2013 08:59:54 -0600Time clock software can have a huge impact on how you manage payroll. No matter how large or small your business may be, you'll benefit from an advanced, reliable system.
Tue, 26 Nov 2013 11:27:57 -0600Here are 5 Strategies for your business. Withhold payroll taxes on all commission dollars paid. Maintain a Federal Tax Due Date Schedule. Pay your scheduled taxes and keep your tax records for at least 3 years as well as avoid creating unintentional taxable business income.
Tue, 26 Nov 2013 10:09:23 -0600Here are 5 strategies to aid you in your business: Payroll and unemployment taxes, minimizing unemployment claims, ordering your Federal Tax Identification Number as well as your Sales Tax Number. Also, determine the timing of your payroll tax deposits.
Mon, 25 Nov 2013 13:17:04 -0600Payroll training and software is usually offered in two separate sectors. Level 1 consists of Sage payroll training, Excel payroll training and Quick Book payroll. Level 2 is a higher level and consists of training in Sage payroll 2, Quick Book, Excel payroll advanced, IRIS, TAS and TALLY.
Mon, 18 Nov 2013 10:58:18 -0600Payroll taxes are an important thing for business owners and employees to understand. To ensure proper tax compliance, you need to make sure your payroll tax deductions are for the right amounts. This article gives an overview of the different types of payroll taxes and their proper calculations.
Fri, 11 Oct 2013 17:47:31 -0500Electronic resources for human resource management are on a steady rise. Applications are emerging to help recruit, train, and track employees and applicants and track and administer accrued benefits. A recent search revealed emerging software that assists in resume screening, competency management, talent recruiting, talent management, and applicant and resume tracking.
Fri, 20 Sep 2013 07:33:37 -0500In today's market, there are plenty of companies that have included a pay stub template into their activities. The pay stub is of great help for users, especially since there are so many options available. Every pay stub is meant to have a specific purpose and to be of assistance in many domains (legally or not).
Thu, 12 Sep 2013 16:41:33 -0500If you are in business, you would have surely searched the net at some time to find an appropriate template for keeping record of the payrolls and paystubs of your workers. Probably you were a bit surprised to find a lot of templates for your needs, making it rather difficult for you to choose the one that will deliver satisfactory results for the kind of business you are running. It is quite a normal practice for companies to select a template on which they can depend to give accurate results consistently, as it makes the job of their accounting personnel...
Fri, 06 Sep 2013 11:19:57 -0500With today's advanced technology, criminals find it easier than ever to produce copies of checks. Are you keeping an eye on your company's ledger?
Fri, 23 Aug 2013 13:52:54 -0500this article is talking about the importance of perfectly managed payroll for the smooth processing of the business. Body of this article is giving some of the very important bullet points to explain the benefits of the same.
Thu, 22 Aug 2013 16:17:17 -0500Time clocks have been around for years and they have been an important tool in the workplace. The clocks help companies to keep track of the hours that the employees work, making them important tools for payroll. While not all companies use the systems, they come in very handy especially for businesses that have a large workforce.
Thu, 22 Aug 2013 15:30:00 -0500Payroll is a very important function in any business and it is usually the most sensitive and time-consuming task of the HR department. The process involves maintaining the collective financial records of the employees in a company. For any small business owner, the payroll process can be a thankless job that never ends for as soon as you complete the process, it is time to do it again.
Thu, 22 Aug 2013 15:29:36 -0500Processing payroll can be a complex and time-consuming task for any small business. The different payroll functions include determining the employee wages, withholding taxes, updating sick and vacation pay and deducting different staff-contributed payments for the benefits. Mistakes in preparing the payroll can have a negative effect on the business and it is important to make sure that the job is performed accurately.
Fri, 16 Aug 2013 13:11:12 -0500Find your ideal time clock software. Here are four criteria to help you choose the best time clock software for your business.
Tue, 13 Aug 2013 09:21:36 -0500The world is ever-changing, and as such, the U.S. is constantly struggling to keep up with the rest of the country. This is no different when it comes to how employees are paid. As U.S. employers move towards electronic payment methods for all employees, pay cards come under scrutiny. Here are four ways to help keep your company safe when using pay cards for employees.
Tue, 06 Aug 2013 09:20:50 -0500The body of this article is talking about the new medicare policy which will effect the payroll of the employees. As per the new regulations, now the employers have to deduct 0.9% additional hospitality tax for the people who are falling in the category of High-Income taxpayers (commonly referred as additional Medicare tax). This new tax slab was adopted from 1st Jan, 2013.
Tue, 30 Jul 2013 11:30:10 -0500Managing the payroll is likely to be a complex job to complete at the end of each month and locating a reliable and trustworthy payroll provider is often just as difficult. You really want to make certain that you are able to locate the ideal payroll processing service that is able to take full responsibility of this important role.
Tue, 30 Jul 2013 11:28:03 -0500It can be quite difficult for the small business to manage the payroll services if working with limited resources and budgets. If you are able to outsource this essential service you will soon appreciate that it is able to offer a range of advantages.
Mon, 29 Jul 2013 08:17:36 -0500body of article is taking about the advantages as well as disadvantages of owing you're your business. It seems that doing business is more beneficial in comparison to be an employee.
Wed, 24 Jul 2013 15:52:13 -0500When running a staffing firm, managing your available cash is a delicate balancing act. You have employee or contractor payroll to meet every week or two, but your clients are usually billed at much longer intervals. You need to be able to meet your commitments, but every dollar sitting in your bank account is money not spent growing your business.
Mon, 22 Jul 2013 14:22:01 -0500this article is talking about the benefits and advantages of outsourcing payroll services. In the bullet points, author is explaining different benefits of outsourcing payroll services to the agency or the professionals.
Tue, 16 Jul 2013 06:44:57 -0500A small business venture that is starting to expand is likely to present a range of challenging responsibility. In some situations it might benefit to outsource certain roles to help with freeing up more time to concentrate on the core issues of running the business. One area that is likely to be a big challenge each month relates to managing the payroll.
Wed, 10 Jul 2013 06:06:50 -0500Whether you are a business or individual it can certainly benefit to hire the services of a professional accountant to help with managing the finances. Accountants are fully up-to-date on all matters relating to financial record-keeping and able to make sure the accounts are always kept up to date.
Tue, 09 Jul 2013 15:09:58 -0500It is highly important that wages are paid on time each month to help with maintaining employee motivation and satisfaction. But if you are operating a small business and finding it difficult to offer a reliable payroll service due to changing tax laws, deadlines, and personnel changes, you might want to look at the many choices available with the outsourced payroll companies.
Mon, 08 Jul 2013 12:56:52 -0500Learn what things are necessary about payroll outsourcing. This article is divided into two sections: The Basics of Outsourcing and Why Bookkeeping Should be Outsourced.
Wed, 03 Jul 2013 11:57:18 -0500For self-employed professionals, the world of taxes is an extremely complicated affair, one in which making mistakes is costly. However, there is always the option of working as an employee under an umbrella company which can remove various complications. This article explores how they can help.
Tue, 02 Jul 2013 14:32:03 -0500Payroll processing is one of the most important tasks in any business, and in simple language it stands for the total sum of money given by an employer to its jobholder in a certain amount of time. One of the most important parts of this process is levy.
Tue, 02 Jul 2013 12:53:27 -0500Get ready for the IRS to play a major role in health care when the Affordable Care Act takes full effect in 2014. The IRS will enforce most of the laws involved in the reform. Their jurisdiction will include collecting taxes, levying penalties, and deciding who gets included in the health-care mandate.
Tue, 25 Jun 2013 15:54:03 -0500The most important thing for any organization is its employees; a company has to make its staff content in order to remain effective, fruitful, and harmonious. But, when problems arise, the connection between the human resources and employer can rapidly break up. This is the why numerous companies outsource their payrolls to shun problems in giving salaries.
Mon, 24 Jun 2013 13:32:00 -0500No matter if you are using a payroll service or payroll software at your business, you need a payroll program to enter and track employee information, hours worked, and the associated necessary information to pay employees. Learn more about how you can make the whole process easier and less expensive.
Mon, 24 Jun 2013 11:48:23 -0500Outsourcing online payroll services is a very good idea if one wants profit for his company. Payroll processing services saves time as well as money.
Wed, 19 Jun 2013 14:34:32 -0500Choosing a company to outsource your payroll services does not have to be a difficult task. Furthermore, several organizations are turning to payroll services companies that have the capacity of giving them services at competitive rates. There are many companies available in the market that offer various customized services that cater for different customer needs.
Thu, 13 Jun 2013 09:25:54 -0500Who needs tax service and how exactly does this business work? Are you somehow involved in mortgage and lending and other business transactions? You might want to read on if you want to know more.
Wed, 12 Jun 2013 14:00:15 -0500One of the more time-consuming and important responsibilities of the human resources departments relates to the management of the payroll. In an effort to cut costs where possible, many companies are looking to outsource the responsibilities relating to organizing and maintaining the payroll.
Wed, 12 Jun 2013 08:38:53 -0500Lots of companies around the world are facing the crunch because of the frauds which takes place in their office on day to day basis by their employees, supervisors and managers. Every penny which goes into fraud adds a dent into company's profit. The article is talking about the types of fraud which happens in the company and how much impact they put on company's performance and profit potential.
Mon, 10 Jun 2013 11:43:33 -0500There are a variety of payroll solutions available for all sizes and types of business, but the majority of payroll solutions available come with a price tag. There are free solutions available however, and if you go with a good UK payroll software provider you can gain access to the same extensive range of features that you would normally associate with paid services. This guide looks at the free payroll management options for businesses and how to make the most out of them.
Sun, 09 Jun 2013 12:02:37 -0500The best payroll outsourcing companies will save you money, reduce IRS fees, and allow you to focus on other parts of your business. Choosing the best company for outsource accounting and bookkeeping services can be a bit tricky, but there are steps you can take to choose a great company to work with, using these tips.
Thu, 06 Jun 2013 10:41:54 -0500For many years, you may have been relentlessly tiring yourself filing your returns. This kind of inefficiency promotes uneasy feeling as despite your efforts, you found no reason to continue doing so by yourself in the future. There are a variety of methods on how you can handle filing your returns. However, for any individual who wishes to do this by himself, no good method is found to be as efficient as outsourcing tax preparer services for your business needs. Before the season for filing your returns come, you have to start managing and establishing your needs.
Wed, 05 Jun 2013 11:39:25 -0500There are a lot of advantages entailed in acquiring the service of a consultant for tax preparation needs. The professional will make sure that you meet the standards set by your state when it comes to filing your returns. This way, you are sure to file accurate and verified returns. This lets you breathe in easily and live away from tension knowing that you have filed your returns properly in adherence with the laws set.
Wed, 05 Jun 2013 10:18:30 -0500One of the most essential parts of every industry is bookkeeping service. That is why a lot of companies have held on to accounting firms to keep all their financial records and transactions organized and categorized well. These professional services help in facilitating systematic handling of files, items and reports so bookkeeping, auditing and analysis would be done in the most efficient way possible. All businesses need bookkeeping service. It doesn't matter how large or small your company is, you need to choose one of the best and most reliable accounting firms to take over the role of handling your finances.
Wed, 05 Jun 2013 10:16:57 -0500In the present times, more and more people and companies have relied on online opportunities such as Internet marketing and website content writing to make money. True enough, these kinds of opportunities make way for greater profits. But when you become an online marketer, this becomes a way of life - a business. Whether what type of online marketing you are using as a method for recruiting members, you must acknowledge the needs of your company. Establishing a network comes with greater profit and greater financial dealings and transactions.
Mon, 03 Jun 2013 11:58:37 -0500In several companies, one major factor that brings about inefficiency is a defective payroll system. Employing improper procedures for this operation would only lead to a waste of time and resources. This processing can have a significant effect to the net profit of a business since it amounts to the variable cost of its operational expenses.
Mon, 03 Jun 2013 09:11:37 -0500Payroll is not just about writing checks and making payments to the employees in an organization. There is much more to it, and it is very important for every organization to look into the different aspects of Payroll Processing by means of which the business can benefit, as a whole.
Thu, 30 May 2013 18:09:32 -0500Payroll software saves employers time and money on tax calculations and paycheck printing. Here is the step by step guide on how to select the right payroll tax software for your restaurant.
Thu, 30 May 2013 09:19:36 -0500Businesses are devising ways of outsourcing payment structures for their employees. Payroll service providers are skilled in this discipline, having the capability of processing payrolls more efficiently. Furthermore, utilizing the services of the right payroll company can go a long way in saving the organization a substantial amount of money in the form of hiring the services of in-house personnel to undertake the job.
Tue, 28 May 2013 15:14:08 -0500Payroll is a big investment for small businesses. There are also alot of legal ramifications and compliance issues to be dealt with. Having an outside service can alleviate many headaches associated with payroll.
Tue, 21 May 2013 14:21:48 -0500This article discussed the benefits of outsourcing work. It not only reduces costs, but allows you to make use of the best & experienced individuals in the industry.
Fri, 10 May 2013 16:00:57 -0500It's hot! And yes, it's cool too, very cool. Anyone who's been to an HR conference in the past 20 years can probably recall a booth sitting quietly in the expo promoting global payroll solutions, not exactly the coolest one at the party. So, what's changed?
Thu, 02 May 2013 12:38:41 -0500Selecting a payroll service provider when payday comes, employees automatically think that they will not only be given the salary, but will be given the correct amount of salary. A simple method to make sure that everybody is getting payment, and the IRS is not on your hind is a payroll service.
Thu, 18 Apr 2013 08:59:36 -0500Processing payroll for employees in a timely and accurate manner is essential to running a business, so the payroll accounting can calculate payroll salaries and wages, bonuses and commissions, determine the correct individual deductions and withholding taxing, and file tax reports and payments with HMRC. CIS Payroll relates specifically to the construction industry, it outlines terms and regulates the way a sub-contractor is paid. A construction company wanting to take on a sub-contractor must follow strict guidelines: You must first register your company with HMRC as a CIS Contractor.
Tue, 09 Apr 2013 11:00:47 -0500It is becoming increasingly common for businesses to have employees who do not have a checking account. In fact, it has been estimated that one-third of the U.S. population doesn't use traditional financial services such as checking accounts-also referred to as being underbanked. While this statistic is largely attributed to low-income households, factors such as the current economic climate and the rising costs of banking continue to impact a growing portion of the workforce. Fortunately, there is a highly effective alternate solution for paying underbanked employees: Prepaid payroll cards.
Wed, 03 Apr 2013 10:26:56 -0500Anyone who has any experience in running a business will testify to the fact that it is not an easy task at all. Keeping track of all the intricacies involved in the day to day functioning of the office can be a herculean task, to say the least. One of the most hectic and time consuming of these activities is payroll generation. Payroll generation is crucial to any business as these taxes contribute to the income of the company.
Mon, 01 Apr 2013 10:04:38 -0500Most people think that running a successful business is all about finding the right market, promoting the right products, and advertising the right way. While all of these things are important, none of them are as essential as generating a positive cash flow. This guide will help you understand how to test a business model for the ability to generate a positive cash flow before spending too much time building it up.
Mon, 25 Mar 2013 13:27:49 -0500For small and medium businesses, one of the recurring tasks that can be time-consuming and complicated is processing the employees' payroll. Some of the tasks include but not limited to: determining the salary, the withholding taxes, various government and health benefits contributions, deductions for absences, sick leave updates, and a lot more.
Mon, 18 Mar 2013 11:45:30 -0500Simply put, processing paper mail is becoming increasingly archaic, obstructive, and (most importantly) expensive. The following is a discussion on the next step of an Accounts Payable department mailroom services; outsourcing to a document scanning service to save money, effort, and the environment.
Fri, 08 Mar 2013 13:03:53 -0600If you are stressed out about completing payroll on time, consider using these time savers to make payroll more efficient. Contact your current payroll software provider to see if they offer these features, or search for a new provider if needed.
Tue, 05 Mar 2013 07:50:22 -0600Financial resources like cash in hand, cash at bank, accounts receivable, are terminologies you can use to refer as funds. You can define funds when referring to different circumstances. In stock exchange markets for example, they refer to funds as individual investors (shareholders) in a big investment room.
Thu, 28 Feb 2013 17:27:53 -0600Learn the many benefits of salary packaging services. Maximize your earnings with these perks.
Wed, 27 Feb 2013 13:40:56 -0600Is it worth it to outsource a vital component of your business such as payroll, or is the risk greater than the payoff? Here are 5 reasons for why you SHOULD outsource the payroll responsibilities of your small business.
Wed, 06 Feb 2013 10:28:34 -0600Payroll is one of the largest, and often times most complicated, part of a business. Using payroll software not only helps make the process more efficient but can also help save you money in the long run.
Tue, 05 Feb 2013 12:16:02 -0600Tax season is right around the corner, and many people are starting to think about not only filing their own taxes, but also about their employees taxes. For instance, those who employ household workers are subject to a particular set of tax laws, with which other employers do not have to comply. This can cause significant disruption for a person's daily routine, and might cause tax-related stress and headaches, merely from thinking about having to file taxes of two different forms.
Fri, 25 Jan 2013 15:55:25 -0600It's January. That means that tax season either has started for you or is soon to begin. This time of year is notoriously difficult to face for many people, and it can be even more difficult for someone who employs household workers.