4 Important Payroll Tips All Small Businesses Should Know
As your business expands and you can hire employees, you must also ensure that your employees are properly paid if you want to have satisfied employees. You need a good payroll system in place so that you can ensure you don't end up facing IRS penalties.
#1: Decide Between Hourly and Salary
First, you need to decide if you want to be paid hourly or salary. Having your employees on a salary can be easier to manage, as you know what your employees will be paid each month.