SBAM’s Payroll and HR Solutions partner, Ahola, offers our members a complete guide, Payroll for Small Businesses. Download the guide today and learn strategies for improving your payroll operations including:
How a payroll provider can help your business: Even if your business has only a few employees, you may be considering outsourcing your payroll processing to a specialist.
Payroll Taxes, Filings, and Lookback Periods: Employers must withhold federal income tax, Social Security tax, and Medicare tax from employees’ wages, plus pay their own share of Social Security and Medicare taxes. These taxes must be paid together to the IRS.
Taxes for seasonal and part-time employees: Part-time and seasonal employees are subject to the same tax withholding rules that apply to other employees.
How to read a paystub: Breakdown of the terminology and parts of a paystub
Form W-2 FAQs: Form W-2 is an important form for employers and employees during tax season. Employees often have questions about the form and the information it reports.