While the decision can sometimes be clear-cut, it can be a more difficult deliberation for many small businesses. Small business owners deciding between hiring a traditional employee and a 1099 indepe…

One of the most important decisions you’ll make as a small business owner is determining the method and amount you’ll pay yourself. The law requires that you follow certain guidelines when it comes to…

Small business owners about to make their first hire, and owners already running payroll looking for alternatives, should use this guide for base pricing, DIY vs. software vs. outsourced consideration…

Depending on your business structure, you can pay yourself a salary, take draws from your profits, or both. Use this guide to learn how to pay yourself by entity type, the calculation method, and cost…

This guide is for general contractors, small business owners, freelancers who hire help, and project-based businesses. It goes through the entire payment process, from confirming the working relations…

If your business qualifies for IRS Form 944, the IRS will notify you directly in writing. If your business has received that notice or you think it might, use this guide to learn all about filing this…

Hiring your first employee is one of those milestones that feels equal parts exciting and overwhelming. You've got someone ready to start, but suddenly you're staring down a list of tax forms, tax acc…

Understanding how payroll taxes work is critical to protecting your business's cash flow and avoiding unnecessary issues with the IRS. This small business payroll tax guide explains payroll taxes in c…

This step-by-step guide walks through how to calculate payroll taxes. We break down which taxes apply, how to calculate employee withholdings and employer payroll costs, and how state taxes factor int…