If you own a business, then you need to know how to pay employees at your business. It might sound simple, but this is not something you want to scrimp by on as there are numerous tax and labor laws you must abide by. Simply put, let’s face it… no business owner wants to be in trouble with the IRS. You also want to ensure your employees are paid promptly to keep them happy and confident in your business. If you are searching for ‘how to pay employees small business’, then we have the perfect solution for you! Moxy Payroll is a fully integrative solution for all your payroll and HR needs. Give us a call today at 803-739-1190 to schedule a free demo.
Did You Know?
Unfortunately, there are many facets most business owners do not even know or understand about payroll. Test your knowledge now! Did you know…
- The IRS tax code is comprised of almost 75,000 pages.
- There are around 4,000 changes annually to federal, state, and local tax codes.
- Around 40 to 45 percent of small businesses face tax penalties annually.
- Of those tax penalties small business owners face, one out of three of them are payroll related.
- Correct and comprehensive payroll often takes up to 80 to 120 hours a week.
- Labor laws are constantly changing, and include, but not limited to, OSHA, Affordable Care Act, and minimum wage.
- Inaccurate payroll has the possibility to lead to employee dissatisfaction.
- There are numerous laws around reporting tips and how it must be done properly.
If you are thinking this sounds tedious and confusing, you are not alone! That is why it is vital to have the right payroll experts on your side. Plus, you need a payroll system that easily tracks everything you need to know.
Security is a Top Priority
When dealing with payroll, security is a top priority for all employers and employees. No one wants their banking or tax information floating around unprotected in cyber space! Therefore, it is crucial to utilize a payroll system that places security at the forefront of everything it sends and stores.
At Moxy Payroll, our superior technology operates with multiple security features. A few of those elements include:
- Built-in electronic filing systems
- Secure transmissions
- Password protected access
These are merely a few ways that Moxy Payroll integrates security into our platform to ensure your and your employee’s data is secure.
Moxy Payroll Does It All!
In addition to handling all your needs for paying employees, our software also helps business owners with a variety of other HR needs. Some of these HR features include:
- ACA Reporting
- Benefits Administration
- P.O.S. System Integration
- Track Employee Hours
- Full Customer Support
You do not need to go at payroll and HR alone. We are here for you every step of the way! Our services are meant to make your life just a little easier as we know you are wearing a ton of hats as a business owner.
Frequently Asked Payroll Questions
It is only natural to have numerous questions when dealing with payroll. Due to complex and everchanging labor and tax laws, it is often an overly complex task for small business owners. Below are a few questions we commonly hear when business owners are wondering how to pay employees. If you don’t see your question, then don’t worry, we can help! Simply give us a call at 803-739-1190 and we are happy to answer any and all of your questions!
How much do I withhold from my employee’s paychecks?
Much of this is determined by the information an employee puts in on their tax forms. They must complete a W-4 for federal taxes. Then each state has a state tax form. For example, in North Carolina employees must complete an NC-4EZ. Our payroll system walks you through every step of the way to ensure you get the right forms completed by employees and the right tax information entered in your system.
What should your employee payroll records include?
At the very least, you need the appropriate federal and state tax forms from every single employee. Our system alerts you to what forms you need completed by employees, what you need to complete, what forms should be submitted by you, and anytime a form changes. We want to ensure there are no surprises to you on tax day!
Should you outsource payroll for your small business?
Payroll is a complex process. However, as a small business owner you have limited times and funds. Instead of hiring an expensive accountant, you can utilize our services and be in touch with payroll experts whenever you need them. Our software tracks everything you need to know and allows you to talk to people that understand all the ins and outs of tax and labor laws when you need to.
Stop Your Online Search – How to Pay Employees Small Business – and Call Us Today!
Stop stressing over numbers and payroll. Give Moxy Payroll a call today at 803-739-1190 to schedule a demo and ask us your questions. We will show you firsthand how easy it is to utilize our software, so you are never losing sleep over how to pay employees. Don’t forget to follow us on Facebook for payroll and HR tips and tricks!