Established in 2020, the Paycheck Protection Program (PPP) provided small companies and freelance contractors loans to cover their payroll costs for up to eight weeks. Thirty-four percent of American small businesses closed between January 2020 and May 2021. While this shows a large number of …
Payroll Articles and Interviews (tag)
4 Tips for Improving Year-End Payroll Reconciliation
Payroll reconciliation is the process by which you ensure that you have appropriately paid all your employees. Payroll reconciliations are usually performed every year or month. Payroll reconciliations also ensure that you have made the correct tax deductions from your employees and contributions …
5 Ways to Ensure the Efficiency of Time and Attendance Solutions
With the use of software, different services, and proper workflow, managing your team’s time and attendance can be made easier. You can also enhance your time and attendance solutions for your company’s success and to guarantee your employees are satisfied and well-compensated. With the presence of …
How to Work on Your Payroll Faster and More Efficiently
Payroll is one of the crucial parts of any business, regardless of size and industry. However, it’s also one of the most stressful and time-consuming tasks since there are many factors to consider. In addition, the process is made even more complex by the taxes and other fees you need to transfer …
Why You Must Pay Attention to Your Employee’s Payroll
Payroll management can be challenging to achieve efficiently and effectively, yet it is also something that business owners and decision-makers need to take seriously. If you are unconvinced by the importance of the payroll, here are just a few reasons that taking heed of it will save you a lot …
7 Tips to Get Your Small Business Accounting Practices in Order
You’ve recently launched a new business and it’s started to grow. Now is the best moment to get organized and pay some attention to all accounting related issues. Every business owner has to make a detailed to-do list and stick to it at all times. That way, all emerging challenges can be taken care …