Payroll is often one of the biggest expenses of a business. Payroll can be complex, with deductions, tax expenses and benefits. Payroll work is detailed and visible to all employees in a firm. Many ...

Payroll accounting is the specific accounting discipline concerned with calculating and disbursing compensation for company employees. Small business owners can find themselves responsible for a wide ...

Employers routinely withhold income and employment taxes from their employees' pay and then deposit the withheld taxes on behalf of their employees. If they fail to do so, a "responsible person" at ...

Offering payroll as part of a firm’s services is often the perfect value-add that small business clients are looking for. A necessary part of running a business, the complexities of paying employees ...

Learn how administrative accounting supports decision-making and operational control with roles like payroll management and budgeting. Discover key differences from financial accounting.

Lauren (Hansen) Holznienkemper is a lead editor for the small business vertical at Forbes Advisor, specializing in HR, payroll and recruiting solutions for small businesses. Using research and writing ...