March 2017 3
Do you have a small or medium-sized business? If so, you may be interested in learning about the benefits of using an outsourced payroll provider. If you’re asking the question, “What is payroll services?” then you may not be familiar with all of the services that an outsourced payroll processing firm can provide.
One of the reasons why you may want your payroll outsourced is because there are so many steps to this process. There’s considerably more involved, for example, than just cutting your employee’s cheques.
When you’re a small business owner, it is most likely your responsibility to handle these and other important tasks for each one of your employees:
- Totaling hours
We are in the middle of tax season crunch time. This is the time that many tax payers and business professionals struggle to get their tax documents and information together. It is the time that tax professionals receive an increase in phone inquiries, tax payers needing assistance in filing tricky taxes. Taxes are a very complex system, which is why tax professionals spend many hours and trainings to learn them. Businesses with a lot of employees should consider contracting a tax professional for a few important reasons.
There is a lot involved in the correct filing of taxes, especially as a business. If you choose to complete your own taxes, you are likely to spend many hours calculating, evaluating, and filing. This is valuable time that could be spent (more…)
If you’re running a business out of the United States but have Canadian employees you might need a little help when it comes to doing payroll. If you’re not familiar with Canadian regulations from a payroll or HR perspective, it can be tough to know where to begin and it’s easy not to do things right. It’s hard enough understanding the U.S. regulations. Using a payroll service provider to do things correctly is going to be your best bet.
When you outsource payroll processing you don’t have to spend tons of times learning small details about how the process works. Instead, you can rest easy knowing that some knowledgeable people (more…)
Running a small business is tough. Half of small businesses don’t last more than five years, and many never turn a profit before they fail. Sometimes this is because of poor business practices, but sometimes it’s because of customers failing to pay quickly enough, or at all. If you’re a business owner struggling with accounts [...]
Throughout the world, many companies face the problem of consumer debt. Unfortunately, it looks like this problem is only going to get worse. In fact, statistics show that outstanding consumer is estimated to reach $4 trillion by the end of this year. If you’re wanting to defend your business against this problem, it’s wise to [...]
Keeping a retail business running smoothly is no easy or simple task. From the mundane day to day tasks, such as stocking and organizing shelves to customer service, to the more in depth responsibilities like inventory tracking and financials, there are many loose threads in the fabric of retail that can seem impossible to keep [...]
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