Your Small Business Resource
Payroll errors can be a costly and time-consuming ordeal for small businesses. From miscalculations and missed deadlines to compliance issues, the consequences of payroll mistakes can be detrimental. Fortunately, Workful’s payroll software is designed...
Accurate and timely payroll reporting is a cornerstone of successful business operations. With the right payroll software, small businesses can harness the power of data to make informed decisions, ensure compliance, and optimize their...
Selecting the right payroll software for your small business is a critical decision that can significantly impact your company’s efficiency, compliance, and overall success. With numerous options available, it’s essential to make an informed...
In today’s fast-paced business landscape, small businesses often face numerous challenges in managing their payroll efficiently. As companies grow, payroll tasks can become time-consuming, error-prone, and burdensome, leading to decreased productivity and increased compliance...
The FedNow service, a new real-time payment system developed by the Federal Reserve, has the potential to significantly benefit small businesses. In this article, we will explore how the FedNow service can help small...
The COVID-19 pandemic has had a significant impact on the global economy. To mitigate the economic fallout, the United States government has implemented various measures to support the economy, including the FedNow service. In...
This article was last edited on 9/8/2020. For updated information on Form 1099-NEC, visit https://www.irs.gov/forms-pubs/about-form-1099-nec. Beginning in tax year 2020, you will need to file Form 1099-NEC to report any nonemployee compensation you paid during the...
If your current payroll provider is no longer meeting your needs, it might be time to switch companies to software that will better serve your business. Just thinking about changing can be overwhelming but...
As a small business owner, it’s crucial that you accurately track your team members’ time worked to pay them at the end of each pay period. But, trying to get everyone to log their...
This article was last edited on 8/24/2020. For updated information on Form I-9: Employment Eligibility Verification, visit https://www.uscis.gov/i-9. As an employer, you’re required to confirm that your team members are legally allowed to work in the...