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Payroll Processing Archives - Palmetto Payroll Solutions

Company CultureHuman ResourcesOutsourced PayrollPayroll ProcessingSmall Business

Why Is Personal Service Important for Small Businesses?

As more businesses go digital, it's easy to forget that your customers and employees are humans that need that personal touch. Personal service is one of the first things that gets sacrificed when it comes to running a modern business. This is especially true when transactions can be completed without talking to an actual person. Did you know that…
Palmetto Payroll
November 3, 2021
AccountingOutsourced PayrollPayroll ProcessingPayroll Tax ResponsibilitiesSmall BusinessTime Keeping

Receive The Maximum Benefits From Your Payroll Provider

Whether you are searching for a company to perform payroll services or have worked with the same provider for years, you need to ensure you are getting the most for your investment. This blog explores questions to ask your current or potential payroll provider to give you peace of mind that your company is receiving…
Palmetto Payroll
June 14, 2021
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
Payroll Fraud

Tips to Prevent and Uncover Payroll Fraud Schemes

In 2017, the Association of Fraud Examiners stated that the average time from when an employee engages in payroll fraud schemes until someone detects their actions is 24 months. The organization also reports that nearly 25 percent of American businesses experience some degree of payroll fraud every year. Even if your small business has never…
Palmetto Payroll
August 28, 2019
Outsourced PayrollPayroll ProcessingPayroll Tax ResponsibilitiesSmall BusinessTaxes

Determine Your Payroll Tax Deposit Schedule to Meet IRS Requirements

The payroll process involves much more than just adding up an employee's work hours and determining the amount of his or her paycheck for the period. You must also withhold payroll taxes along with any voluntary withholdings the employee authorizes such as premiums for health insurance. Additionally, the Internal Revenue Service (IRS) and state governments…
Palmetto Payroll
April 16, 2019