Payroll and the Entrepreneur
When it comes to running a small business, a new entrepreneur will often take pride in being a “do-it-yourselfer”, and learning as they go. Then as the business grows, employees and independent contractors come into the picture, requiring a whole new level of complexity to master.
Yet by this time they are busy running and building the business and often times the attention to detail that bookkeeping and payroll require just frustrate our hero.
And this can become a serious threat if payroll details are missed, because paycheck deductions technically belong the federal, state and local governments, and you don’t want to amass a debt to any of these entities.
That’s where a professional payroll service can provide tremendous value in allowing the business to grow and expand, while assuring tax compliance along the way to avoid and future “skeletons in the closet”.
To learn how Paychex helps busy entrepreneurs, call 877-578-4384 or read “Payroll and the Entrepreneur”, available here: