Highlights Running payroll for your small business can feel overwhelming. From collecting employee information to calculating taxes and deductions, there are a number of tasks you need to keep in mind. This payroll checklist serves as a clear roadmap to navigate the challenges and ensure smooth, accurate payroll processing. Let’s dive in! Small Business Payroll Checklist 1 – Obtain an Employer Identification Number (EIN) Before you can even start processing payroll, you need to obtain an Employer Identification Number (EIN). This unique nine-digit number is assigned by the IRS to...
