Like most of our Blog posts, this was born out of many questions from clients about this topic. So we decided to post this as a resource for your and any other S-corp business owner out there. Here’s the issue: how do you pay yourself as an owner of S-corp and stay out of trouble …
Whenever I mention payroll to business owners I see the telltale signs of them “checking out” mentally, and it’s not surprising! With terms like FICA, Workers Comp, Unemployment and ObamaCare, it’s no wonder small businesses are confused and sometimes just downright disgusted by it. In fact, we often tell clients that if they get one …
Whether you you have 1 or 30 employees, payroll is often synonymous with big costs and lots of headaches. And rightfully so. For a small business, payroll is often the #1 expense, and if you’ve ever tried to run and file payroll returns your self, you know how complex it can be. In the last …
Cloud Payroll Services: How It Can Benefit Your Business Read More »
Most people have taxes withheld from each paycheck or pay taxes on a quarterly basis through estimated tax payments. But each year millions of American workers have far more taxes withheld from their pay than is required. In fact, the average refund for 2011 was just under $3,000. Although it’s a slight decrease from 2010, …