W-2 or 1099? Making the Right Choice for Your Employees
August 2023
When building a team for your business, one of the pivotal decisions revolves around how you classify your working party: W-2 employees or 1099 contractors? This classification not only impacts how you run payroll but also determines the tax obligations and benefits.
Handling Payroll for Out-of-State Employees: What You Need to Know
August 2023
In the ever-evolving realm of business, the rise of remote work has brought forth a new set of challenges for employers, especially when it comes to payroll. With more employees working from different states, understanding the nuances of payroll tax withholdings becomes paramount. This can get even trickier when those employees reside out-of-state. Bean Counter can allow you to hire the right talents anywhere.
Should Business Owners Put Themselves on Payroll?
August 2023
As a business owner, you want to know if you would like to pay yourself wages or not, making it a financial consideration for the business. The decision is often influenced by the structure of your business entity, and understanding the nuances can significantly impact both your pocketbook and tax responsibilities.
Simplifying Your Business with Seamless Accounting & Payroll Services
August 2023
In today’s evolving business landscape, navigating through the complexities of financial management and payroll can be daunting. Attempting to navigate this on your own may cause some unwarranted stress and take up valuable brain space that you can be using to focus on what you do best for your business.
The Importance of a Company Handbook - Keeping Employees Informed and Ensuring Smooth Operations
August 2023
Navigating the intricacies of running a business is challenging. Between calculating payroll, managing benefits, and ensuring company-wide cohesion, many tasks demand an owner’s attention. One aspect often overlooked, but immensely valuable, is the company handbook. While it might seem like just another document, its role in ensuring seamless operations and informed employees is paramount.
The Ultimate Guide to Outsourcing Your Payroll Tasks
August 2023
In today’s complex business landscape, efficiently managing payroll tasks is both a necessity and a challenge. Many companies are turning to external specialists to ensure accuracy and compliance. However, finding the right fit requires a meticulous approach. This article offers a step-by-step guide to help businesses navigate the journey of selecting the perfect payroll outsourcing partner.