fbpx
Category

Outsourced Payroll

AccountingOutsourced PayrollPayroll ProcessingPayroll Tax ResponsibilitiesSmall Business

Review Your Balance Sheet to Determine the Health of Your Business

How healthy is your business? Fortunately, the answer to this question is as simple as looking at its balance sheet. According to the Small Business Administration (SBA), a company’s balance sheet includes its assets, liabilities, and each owner’s share of equity as of the date of preparation. The owner’s share of equity should be the…
Palmetto Payroll
April 30, 2021
AccountingOutsourced PayrollPayroll ProcessingPayroll Tax ResponsibilitiesSmall BusinessTime Keeping

Avoid These Common Payroll Mistakes to Save Money

Processing payroll manually opens your company to the risk of making common payroll mistakes that could cause a significant loss of revenue. From the Internal Revenue Service (IRS) imposing penalties to overpaying employees, these payroll mistakes are all too easy to make. We review some of the top payroll mistakes we see and how to…
Palmetto Payroll
March 15, 2021
Outsourced PayrollSmall Business

Working Out Payment Arrangements and Other Details for Contract Employees

A relationship with an independent contractor can be beneficial for your business as well as the person receiving services. Since he or she is not an employee, you’re not required to pay health insurance, vacation time, or contribute towards unemployment insurance. You also don’t have the large cost associated with recruiting, hiring, training, and retaining…
Palmetto Payroll
June 15, 2020
Outsourced Payroll

Managing Payroll for Remote Workers

Perhaps managing the payroll of employees who don’t work in the same physical office as you was challenging enough before the coronavirus pandemic hit the United States in late February and early March. With millions of people now working from home under government orders, the need to manage payroll efficiently is even more important. We…
Palmetto Payroll
March 30, 2020
Outsourced Payroll

Important Factors to Consider When Choosing a Payroll Provider

Outsourcing payroll is a smart business decision for most companies. It frees up valuable time to pursue growth-oriented activities while also ensuring that you remain compliant with federal, state, and local regulations. However, choosing the right payroll provider isn’t always easy. It requires interviewing representatives at several companies to determine which one can best meet…
Palmetto Payroll
March 14, 2020