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If you are self-employed and you are working as an independent contractor, or if you operate a business that relies largely or partially on the use of independent contractors, you need to know how to produce and maintain proper financial…

Small business is the backbone of the American economy. According to the most recent data from the Federal Reserve Bank of New York, approximately half of all American employees currently work at small companies. That number is growing: Over the…

For small business owners, dealing with payroll is never a fun chore. It can be tedious, complicated, and time-consuming. As all business owners know well, time is always at a premium. According to a recent study published by Small Business…

One of the great things about technology is that it has made it easier than ever to create, store, and organize important documents and records. For both employers and employees, payroll and pay stubs matter. You need to keep these…

Under federal and state regulations, employers have a legal duty to report an employee’s salary and wage information; this is true for each individual on the payroll. In most cases, this information is reported on a Form W-2. Employees have…

For business owners, keeping accurate payroll records is imperative. You cannot run a successful business if you do not properly track your company’s expenditures. In the old days, business owners often had to run the numbers by hand. With pen…

Perhaps you have on occasion asked yourself, should I save my pay stubs? Both employers and employees should retain their pay stubs. A pay stub contains a range of important financial information. For workers, this information can be used to…

Business owners have so much to keep track of. Your mind is always focused on growing your business, the tasks at hand, your bottom line and plans for the future. It’s a wonderful thing to live in America and have…

New businesses are springing up all the time and maybe yours is one of them. One of the greatest things about the “American dream” is that you can take any idea or talent and transform it into a business of…

When it comes to running a business, it is all about time. You will feel like you are pulled in a lot of different directions. Depending on your business, you will need to spend time ordering supplies, going through your…