Business

Running a small business? Payroll is the backbone of your team’s trust—and one IRS mistake can cost you $1,000+ per employee in penalties. But don’t panic! We’ll walk you through setting up payroll flawlessly, even if you’re a first-timer. Key Takeaways Step 1: Get Your Employer Paperwork in Order A. Obtain an Employer Identification Number (EIN) What

Your employees keep the lights on—but one payroll mistake could shut them off. 40% of small businesses face IRS penalties annually for payroll errors, costing thousands in fines and employee trust. Whether you’re hiring your first team member or scaling to 50, paying employees isn’t just about signing checks. It’s about navigating tax labyrinths, dodging