Next, choose the legal structure of your business entity. Are you better off as asole proprietor? Do you have a partner? Do you plan to incorporate your business? You're never too small to feel more stable With competitive APY, no monthly fees, and seamless payments—QuickBooks Money works...
Wage garnishments Again, all of this should be up-to-date in your payroll register. But, if you have doubts about the accuracy of that information, check your employee’sForm W-4to confirm their withholding amounts with your payroll reconciliation report. ...
Falling behind on your loan or credit card payments is never a pleasant situation to be in. You're probably wondering how this may affect your tax refund. Watch this video to find out more about how judgments can affect your tax refund.
Using a credit card to pay monthly bills is another easy way to stay on top of your financial obligations. Credit cards are a good option when your bank balance runs low. For example, you can negotiate with the creditor and break down the full balance due into several payments. In additio...
Any additional withholding from employee paychecks, such as 401(k) contributions, flexible or health savings accounts, or child support garnishment. Should I keep payroll in-house or outsource? Payroll processing definitely takes time and attention to detail—even when you use a payroll service provi...
For example, it comes with a built-in ledger reporting feature, which Gusto doesn’t offer. You also get broader customer support availability, so it’s easier to get assistance from this provider when you need it. The only real downside is that QuickBooks charges a higher flat monthly ...
They knew which employees had garnishments against their paychecks that needed to be managed. They put together each invoice to make sure it had everything each client needed, from timesheets attached, to how each client wanted the invoice details displayed. And they did it all quickly, so the...
Let’s say you have all the equipment and staff to film the story but want to add computer graphics. That’s where a partnership with another production company with those capabilities makes sense. Cross-promotions If two businesses have similar target customers, it often makes sense to partner...
Employees can also have wage garnishments or live in another state and pay different tax rates. In the example below, we’ve broken deductions into three parts: pre-tax deductions, taxes, and additional deductions. 1. Start with the employee’s gross pay. In this case, we’ll use the...
It’s always a good idea to have a plan if something goes wrong. If your payroll software begins to malfunction, who will you call upon to fix the problem? If you can’t figure out how to add the new hires you’re onboarding to the payroll system, who will you call for help?