outsourcing payroll « The Payroll Department

Posts Tagged outsourcing payroll

How Outsourcing Your Bookkeeping Can Help with Your Small Business Exit Strategy

Posted by Ariane on May 30, 2017

Congrats! You’re a successful small business owner, but now you’re starting to think about moving on or retiring. Whether you’ve been in business for one year or 25 years, you need to plan your exit strategy. What do you want to do with your small business? Walk away from it? Sell it to someone else? Merge with another business? (more…)

Tags: bookkeeper, bookkeeping, Brownsburg, business exit strategy, Grace Walker, Indiana, outsourcing, outsourcing payroll, small business, Teresa Ray, The Payroll Department

Posted in: Bookkeeping and Accounting, Operating a Small Business

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Common Myths about Outsourcing Payroll, Part 3

Posted by Ariane on May 23, 2017

We’re Still Not Done with Myths about Payroll Outsourcing

As a small business owner, your employees’ financial stability is basically in your hands. They depend on you to process payroll in a timely and accurate manner each pay period. Otherwise, your employees can’t meet their financial obligations, such as mortgage or rent payments, car loans, or household bills. (more…)

Tags: Brownsburg, employers, Indiana, outsourcing, outsourcing payroll, payroll, payroll provider, payroll service, small business, small business payroll, Teresa Ray, The Payroll Department

Posted in: Bookkeeping and Accounting, Operating a Small Business, Payroll, Payroll Processing

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Truth or Consequences – A Payroll Error

Posted by Elaine on April 25, 2017

Recently I had an entertaining lunch with a friend that was great fun, but it really brought up some important, and serious, issues. When a paycheck goes terribly wrong, what happens? Payroll errors can have long-lasting repercussions. (more…)

Tags: mistake on paycheck, outsourcing payroll, payroll error, payroll processing, payroll services, The Payroll Department

Posted in: Operating a Small Business, Payroll Processing

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Common Myths about Outsourcing Payroll, Part 2

Posted by Ariane on April 18, 2017

3 More Myths Small Business Owners May Believe

Last month, The Payroll Department explored three common myths about outsourcing payroll that entrepreneurs may have:

Myth #1: In-house payroll processing saves time and money – and is error-free.
Myth #2: Payroll outsourcing is too expensive.
Myth #3: Outsourcing payroll means I lose control over my payroll

(more…)

Tags: benefits of outsourcing, bookkeeper, bookkeeping, outsourcing payroll, payroll service, small business, The Payroll Department

Posted in: Operating a Small Business, Payroll, Payroll Processing

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What Can You Do for Employees and Their Retirement Dreams?

Posted by Elaine on April 11, 2017

Some people dream of their retirement days – what they are going to do, where they want to be, all sorts of ideas above and beyond resting are included in those plans. Other people feel they are never going to be able to afford to retire and don’t see any of those golden dreams when they shut their eyes at the end of a long work day. A lot of their beliefs can be shaped by retirement savings.
(more…)

Tags: automatic payroll deductions, employee benefits, outsourcing payroll, payroll deductions, retirement benefits, savings plans for employees, The Payroll Department

Posted in: Benefits and Health Care, Employee Benefits, Operating a Small Business, Payroll, Retirement plans

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Common Myths about Outsourcing Payroll, Part 1

Posted by Ariane on March 21, 2017

Do These 3 Myths Sound Familiar to You?

Outsourcing payroll is becoming a more popular option for many small business owners. After all, employees want to get paid accurately and in a timely manner. However, many small business owners still spend hours and hours a week processing their payroll instead of spending that time on what they do best – running their businesses. (more…)

Tags: Brownsburg, Indiana, mistakes on payroll, outsourcing, outsourcing payroll, payroll, payroll provider, payroll services, payroll taxes, small business payroll, Teresa Ray, The Payroll Department

Posted in: Operating a Small Business, Payroll, Payroll Processing

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New Healthcare-Related Legislation Can Affect Small Businesses

Posted by Jessica on November 8, 2016

You’ve heard of the Affordable Care Act. But have you heard of the Small Business Health Care Relief Act of 2016? As with all legislation, both of these bills are having (in the case of the Affordable Care Act) or could have (in the case of the Small Business Health Care Relief Act of 2016) an effect on you as a small business owner. The purpose of this second law, if passed, is to enable business owners to continue to provide healthcare reimbursement which is currently blocked by the Affordable Care Act. (more…)

Tags: employee benefits, employees, employers, health care benefits, outsourcing payroll, payroll provider, Small Business Health Care Relief Act of 2016, The Payroll Department

Posted in: Operating a Small Business, Payroll, Rules, Regulations and Laws

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When Are You Paying Your Employees?

Posted by Elaine on September 20, 2016

You might think that setting up a regular payroll would be easy. You know, put in names and start paying the employees. But stop right there, you’re going to have to first determine when you’re going to pay them, and I’m not talking about what day of the week. Of course, it’s much more complex than that. You have to consider the hold back. What’s that? Well, it’s certainly something you have to consider. (more…)

Tags: avoiding payroll adjustments, benefits of outsourcing, employees, employers, outsourcing payroll, payroll provider, payroll schedule, small business payroll, The Payroll Department

Posted in: Payroll, Payroll Processing, Rules, Regulations and Laws

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So You think Handling Your Own Payroll is Easy?

Posted by Elaine on August 2, 2016

As if payroll itself wasn’t complicated enough, there are IRS reporting deadlines and deposit schedules to comply with as well. And, to make things ever more interesting, it can change depending on how your payroll changes through the year. How can a small business owner keep up with it all? (more…)

Tags: benefits of outsourcing, employers, Indiana, outsourcing payroll, payroll provider, payroll tax deposits, payroll tax reporting, payroll unemployment taxes, penalties and fines from IRS, small business and payroll taxes, Teresa Ray, The Payroll Department

Posted in: IRS and Tax forms, Payroll, Rules, Regulations and Laws

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4 Benefits of Outsourcing for Your Small Business

Posted by Ariane on April 19, 2016

As an entrepreneur, are you trying to do it all when it comes to running your small business? While you may think you’re the only one who can do the work efficiently, that’s not really the case. If you want your small business to grow, you need to learn how to let go and start delegating tasks that really aren’t your forte. However, some entrepreneurs don’t want to hire full- or part-time employees to take on these responsibilities. That’s when outsourcing makes a lot of sense. (more…)

Tags: benefits of outsourcing, Brownsburg, employers, Indiana, outsourcing payroll, payroll service, small business, small business payroll, The Payroll Department

Posted in: Churches and Non-Profit Employers, Operating a Small Business, Payroll, Payroll Processing

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