News & Advice

Can I Run Payroll Myself?

Can I Run Payroll Myself?

Yes, it is possible for business owners to run payroll themselves, especially for small businesses with a limited number of employees. Running payroll involves several steps, and while it may seem complex…
What Is A Business Payroll?
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What Is A Business Payroll?

A business payroll, often referred to as a company's payroll, is the financial process of paying employees and managing their compensation, including salaries, wages, bonuses, and benefits. The payroll system within a…
Is Owner's Draw Considered Payroll

Is Owner’s Draw Considered Payroll?

The owner's draw is not considered payroll. Owner's draw is a method that business owners, particularly in sole proprietorships, partnerships, and some types of LLCs (Limited Liability Companies), use to take money…
Can I Do My Own Payroll For One Employee?

Can I Do My Own Payroll For One Employee?

Yes, you can do your payroll for one employee, especially if you have a simple payroll structure and are willing to invest time in learning the basics of payroll processing. However, remember…
How Do I Pay Myself First?

How Do I Pay Myself First?

Paying yourself first is a crucial financial habit that involves prioritizing your savings and financial goals before spending money on other expenses. It ensures that you consistently save and invest for your…