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 Trends, nearly...
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 records for a sufficient amount of...
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 a right to receive a timely...
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 and paper, doing payroll...
Perhaps you have on occasion asked yourself, is there any reason to keep old pay stubs? Both employers and employees should retain their pay stubs. A pay stub contains a range of important tax and financial information. For workers, this information can be used to...
