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Payroll errors and how to avoid them

ThomsonReuters

For business owners, payroll is complex and often their greatest expense. For accounting professionals, payroll services have long been viewed as a time-consuming, high-risk loss leader. Payroll errors are certainly a real concern, but with the right tools and resources in place, payroll services can be a growth opportunity for firms.

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S corp vs C corp vs LLC: What’s the difference, and which one is better for your business?

ThomsonReuters

For these reasons and many others, establishing a C corp is a complicated procedure that typically involves consultation with a tax attorney and, once the enterprise is up and running, investment in a software program to ensure that all tax filings are accurate. Step 7: Submit IRS Form SS-4 for an employer identification number (EIN).

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Last Week in Payroll: The List and Legality of Employee Vaccination Requirements

ThomsonReuters

The List and Legality of Employee Vaccination Requirements. has caused some states to take executive or legislative actions regarding the COVID-19 vaccine and masks, specifically for some employees. has caused some states to take executive or legislative actions regarding the COVID-19 vaccine and masks, specifically for some employees.

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