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How to pay tips to employees: a guide for SMBs (2023)

Homebase

Some business owners are putting their businesses at risk by not paying the required amount of tax on the tips their employees receive. And even if they are paying taxes, it’s often up to busy managers to calculate tips correctly, which can be a complex process. Simplify payroll How do tip credits work?

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Top 15 Tips to Track Payroll Metrics

HR Lineup

Payroll management is a critical aspect of any business, regardless of its size or industry. Accurate and efficient payroll processing ensures that employees are compensated correctly and on time, while also helping businesses comply with various regulations and tax requirements.

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Employee Cost: How to Calculate the Cost of an Employee?

HR Lineup

In this guide, we delve into the intricacies of calculating the cost of an employee, offering insights into the different components and methodologies involved. Payroll Taxes: Taxes withheld from employee paychecks, including income tax, Social Security, Medicare, and unemployment taxes, along with any contributions made by the employer.

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How to Calculate Payroll Taxes

Patriot Software

One responsibility you have once you hire employees is withholding taxes from their paychecks. For accurate withholding, learn how to calculate payroll taxes. What are payroll taxes? When you think of payroll taxes, you might think of all […] READ MORE.

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Introducing Multi-State Payroll and Same Pay Cycle Tax Calculation

FingerCheck

Simplify Your Payroll Processing and Tax Calculations Across State Lines Do you have employees who frequently travel across state lines within the same pay cycle? If so, you know the challenges of calculating tax withholdings for multiple states they’ve worked in. What is a tax work location?

Payroll 52
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Introducing Multi-State Payroll and Same Pay Cycle Tax Calculation

FingerCheck

Simplify Your Payroll Processing and Tax Calculations Across State Lines Do your employees frequently travel across state lines for work within the same pay cycle? If so, you know the challenges of calculating tax withholdings for multiple states they’ve worked in. What is a tax work location?

Payroll 52
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Payroll errors and how to avoid them

Homebase

Running payroll is complicated, even for the experts. It’s all too easy to make payroll errors, especially if you’re a small business owner with no payroll training and no dedicated bookkeeper. Being aware of the most common payroll errors is a great first step to avoiding them in your own organization. What is payroll?