For small businesses, payroll can seem daunting…but it’s doable. Here’s how to run payroll, including how to set it up and what your options are.
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▬ Contents of this video ▬▬▬▬▬▬▬▬▬▬
00:00 Weekdays With Bernie
00:45 Payroll Can seem daunting
01:38 Three Payroll Options
04:36 How to Set Up Payroll in Three Steps
07:32 How to Run Payroll in Five Steps
14:55 Final Thoughts
▬ Episode Resources & Links ▬▬▬▬▬▬▬▬▬▬
5 Steps for Running Payroll: A Small Business Guide | BerniePortal
https://blog.bernieportal.com/5steps...
Apply for an Employer Identification Number (EIN) Online | Internal Revenue Service
https://www.irs.gov/businesses/small...
Form W4 2022 | Internal Revenue Service
https://www.irs.gov/pub/irspdf/fw4.pdf
How to Fill Out Form W4 in 2022 | BerniePortal
https://blog.bernieportal.com/howto...
Biweekly is Best: How to Think About Pay Schedules | HR Party of One
• Biweekly is Best: How to Think About ...
Is Overtime Calculated Daily or Weekly? | HR FAQ
• Is Overtime Calculated Daily or Weekly?
Tax Withholding Estimator | Internal Revenue Service
https://www.irs.gov/individuals/taxw...
Employment Tax Due Dates | Internal Revenue Service
https://www.irs.gov/businesses/small...
Form 941 (Rev. March 2022) | Internal Revenue Service
https://www.irs.gov/pub/irspdf/f941.pdf
How to Complete Form 941 | BerniePortal
https://blog.bernieportal.com/howto...
2021 Form 940 | Internal Revenue Service
https://www.irs.gov/pub/irspdf/f940.pdf
How to Fill Out Form 940 for Federal Unemployment Taxes | BerniePortal
https://blog.bernieportal.com/howto...
2022 Form W2 | Internal Revenue Service
https://www.irs.gov/pub/irspdf/fw2.pdf
How to Fill Out Form W2 in 2022 | BerniePortal
https://blog.bernieportal.com/howto...
Employment Tax Recordkeeping | Internal Revenue Service
https://www.irs.gov/businesses/small...
Fact Sheet #21: Recordkeeping Requirements under the Fair Labor Standards Act (FLSA) |
https://www.dol.gov/agencies/whd/fact...
Department of Labor
https://www.dol.gov/agencies/whd/fact...
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