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Image source: The Motley Fool/Upsplash. As a small business owner with one employee (me), one of the most surprisingly complicated aspects of running a business was: running payroll.
The BofA report found that payroll payments rose 1.7% in December at small businesses. Data is culled from Bank of America's business clients with less than $5 million in annual revenue.
Payroll isn’t a straightforward task. To comply with various tax agencies, small business owners or their accountants must understand tax differences between jurisdictions while keeping up with ...
A professional employer organisation (PEO) is an outsourcing firm that provides services to small and medium-sized businesses (SMBs). Typically, the PEO offering may include human resource consulting, safety and risk mitigation services, payroll processing, employer payroll tax filing, workers' compensation insurance, health benefits, employers' practice and liability insurance (EPLI ...
A financial bureau is an accounting business whose main focus is the preparation of finance for other businesses. In the United States such firms are often run by Certified Public Accountants, though a typical financial processing company will refer to itself as a bureau rather than a CPA firm, to distinguish its finance from the general tax and accounting that are generally not offered by a ...
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