Do you have employees working more than 40 hours a week and making less than $844 per week (equivalent to $43,888 per year)? If so, it’s important to review your payroll and staffing hours for 2024 and 2025 as overtime rules have changed.
How and Why to Pay Yourself as the Business Owner
Farmers and business owners often don’t pay themselves a consistent wage/salary for a number of reasons, although they are contributing a lot of sweat equity to the business. Check out this post to learn more about how and why you should consider paying yourself as the owner of the business.
Choosing an Online Payroll Provider for Your Business
Owning a business can be tough and paying employees can be confusing. Some businesses will prefer a local bookkeeper they can meet with face-to-face, but as more services move online, businesses are becoming more comfortable with online professional service providers for assistance with payroll and taxes. Before choosing an online payroll provider, it’s important to consider your business’s needs to see which option is right for you.
How Do You Get Hiring Right?
Once you decide to hire someone, you need to lay the groundwork for keeping good employee records. What are some recordkeeping basics when you hire someone?