Transitioning your employees to bi-monthly paychecks can save you substantial time in payroll processing frequency. Calculating the paychecks for hourly employees on a bi-monthly basis is similar to a ...

Every business owner needs a system for processing payroll, even sole proprietors. With more than one employee, you need a system that tracks and calculates payroll expenses for each person. When you ...

While it’s true that payroll has its complexities, mastering the fundamentals of processing payroll can be valuable, especially if you’re a small business with a minimal team. By understanding each ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Processing payroll can be a significant challenge for businesses of all sizes. They strive to ensure accurate calculations and compliance with regulations while effectively managing employee records.

Forbes contributors publish independent expert analyses and insights. Mike Kappel is the Founder of Patriot Software, LLC. There’s nothing worse than running payroll only to realize something’s wrong.

What is payroll outsourcing and how does it work? Payroll outsourcing is shifting a company’s payroll function from in-house to a third party. Generally, the payroll provider will: Calculate employee ...

(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 ...