New to payroll? Are you unsure if you’re doing it right? In this solo episode, Candy Messer breaks down everything you need to know to stay compliant, avoid fines, and confidently manage payroll like a pro.
#PayrollTips #SmallBusinessFinance #BusinessCompliance #EntrepreneurEducation #BizHelpForYou
Key Notes
- You must obtain an EIN and register with state agencies before paying staff.
- Worker misclassification (employee vs contractor) is one of the biggest payroll mistakes.
- Labor laws vary by state—especially on overtime and final paycheck rules.
- Payroll involves multiple tax types: FICA, income tax withholding, FUTA, and SUI.
- Accurate recordkeeping and timely filings (941, 940, W-2s, etc.) are essential to compliance.
- A professional payroll provider can simplify the entire process and reduce risk.
Offer
Full-service or self-service payroll assistance from Affordable Bookkeeping and Payroll (AB&P)
Contact Info:
- Phone: 310-534-5577
- Email: [email protected]
Website: www.abandp.com
