What's All The Fuss About Pay Schedules? - Patriot Software
You'll have instant access to your guide.| Patriot Software
You'll have instant access to your guide.| Patriot Software
Should you give your employees a salary or hourly wages? Learn about the laws, pros, and cons the affect salary vs. hourly employees.| Patriot Software
What are payroll deductions? Learn about what you are required to withhold from your employees' wages and what is optional.| Patriot Software
Do you know how to handle payroll for 3-paycheck months? Prepare ahead of time for months with extra payroll.| Patriot Software
Patriot Software’s accounting, payroll, and press release blogs provide news and tips, and explains payroll and accounting topics for small business owners.| Patriot Software
A business emergency fund is money you set aside to cover unexpected expenses or financial emergencies. Learn how to build an emergency fund.| Patriot Software
Patriot Accounting software customers using Stripe for payment processing on their customer invoices can view Stripe FAQs.| Patriot Software
Patriot Software accounting customers can read this helpful article for guidelines on how they can manage imported bank transactions. Click to learn more!| Patriot Software
Patriot's accounting customers can use the Accounting Software Support center for resources on getting started, choosing an accounting basis, and more.| Patriot Software
Affordable accounting and payroll software for small business owners in the USA.| Patriot Software
What is considered working time and what isn't? Learn the FLSA hours worked definitions and find out when you must pay employees.| Patriot Software
If you pay employees for partial hours worked, you need to learn how to convert minutes for payroll and methods to track converted minutes.| Patriot Software
If you struggle to collect receivables, it may be time to hire a collection agency. You can get paid and back to running your business.| Patriot Software
Do you include an allowance for doubtful accounts, or bad debt reserve, in your recordkeeping? Here are facts about ADA, examples, and more.| Patriot Software
If you want to keep accurate books, you need to be familiar with the types of accounts in accounting (and their sub-accounts).| Patriot Software
Are you new to tracking, reviewing, and reporting your business's finances? Find out how to set up accounting books for small business here.| Patriot Software
Do you think your books need double-checked? Double-entry accounting requires you to use at least two accounts to record each transaction.| Patriot Software
Slips and falls, cuts, and other injuries happen in the workplace. Learn how to prepare for and respond to a workplace injury here.| Patriot Software
PPE in the workplace is required clothing or gear that employees wear to decrease their chances of injury or illness in the workplace.| Patriot Software
Beginning in 2027, most WA employers must enroll in the Washington retirement program—Washington Saves—or offer an alternative plan. Only 53% of workers currently participate in a retirement plan. Over a dozen states have established state-mandated retirement plans to get more workers to save for retirement. Now that Washington State will be joining the mandatory retirement […]Read More| Patriot Software
Payroll terms can blur together. One important term you may have heard is “straight-time pay.” So what is straight-time pay? Read on to learn about straight-time pay, how it differs from overtime pay, how to calculate straight-time pay, and more. What is straight-time pay? Straight-time pay is the standard rate an employee earns for each […]Read More| Patriot Software
Starting an LLC in Ohio has liability protection, pass-through taxation, and reasonable tax rates. Learn how to start an LLC in Ohio here.| Patriot Software
Some employees work multiple positions with different pay rates. If they work overtime, employers must calculate the weighted overtime.| Patriot Software
Do you have an employee who works a fluctuating workweek? If so, you might be able to use the fluctuating workweek overtime method.| Patriot Software
Do you know how well your business uses incoming money? Learn how to calculate profit margin to see how effective your processes are.| Patriot Software
Flu season. Cold season. Each has their moment to shine, and it’s often when the sun doesn’t. When an uninvited virus breaks out in your town, your employees will likely need to take sick time from work. If you’re a small business owner in Michigan, understand the Michigan paid sick leave law. On February 21, […]Read More| Patriot Software
Canton, OH Patriot Software, a leading provider of accounting and payroll software in the U.S., announces a new value-added feature for all payroll customers—employee self-onboarding for new hires. Employee self-onboarding significantly cuts down on administrative burdens and offers businesses a swift and professional method to integrate new hire information into their payroll system. Many of […]Read More| Patriot Software
As your business grows, so do the complications of payroll management. Learn why you need a flexible payroll service to grow with you now!| Patriot Software
To run your business, you need a taxpayer identification number. So, what is a taxpayer identification number?| Patriot Software
You must withhold taxes on employee wages. But what if you need to pay an independent contractor? Know the difference between W-9 vs W-4.| Patriot Software
Nonemployee compensation is the money you pay to independent contractors. Learn how to classify workers and report nonemployee compensation.| Patriot Software
Find out what is backup withholding, who is subject to it, who is exempt, and what business owners need to do.| Patriot Software
Small businesses may hire a non-employee for certain projects, known as an independent contractor. So, what is an independent contractor?| Patriot Software
Business owners that report nonemployee compensation must use the revived Form 1099-NEC. Learn about your Form 1099-NEC responsibilities.| Patriot Software
Check out the latest payroll tips, training, and news right here with Patriot Software’s Payroll Blog for small business.| Patriot Software
Some businesses process payroll internally, while others outsource to a third party. Learn more about in-house payroll vs. outsourcing.| Patriot Software
What's the difference between an HRA (health reimbursement arrangement) and an HSA (health savings account)? Find out here.| Patriot Software
Confused about minimum wage poster requirements? Learn which posters you must display, where to put them, and how to avoid fines.| Patriot Software
Payroll insurance includes insurance types related to payroll, like E&O and workers' comp insurance, to protect your business from expenses.| Patriot Software
Look at gross and net income to determine your business's profitability. But what is the difference between net income vs. gross income?| Patriot Software
If you're like most business owners, you probably have some business liabilities. But, what are the different types of liabilities in accounting?| Patriot Software
An early payment discount is a price cut customers can receive if they pay for purchases before the due date. Learn more here.| Patriot Software
One accounting method you can use is accrual accounting. Learn what is accrual accounting and if it's a good fit for your business.| Patriot Software
If you make purchases for your business on credit, you need to track how much you owe to vendors. An accounts payable aging report can help.| Patriot Software
Were you ordered to garnish an employee's wages? This article explains what is a wage garnishment, which wages you can garnish, and more.| Patriot Software
Take-home pay is the income you receive after deducting taxes, benefits, and other contributions. Learn more here.| Patriot Software
Knowing how to calculate net pay is key to running payroll and paying employees. Learn how to find net pay with a step-by-step example.| Patriot Software
Giving employees their wages might not always go smoothly. What happens if payday falls on a bank holiday? See holiday schedules and more.| Patriot Software
Explore the differences between weekly and biweekly payroll schedules, and find out which pay schedule is best for your business.| Patriot Software
Choosing the safe harbor election for small taxpayers lets you deduct business expenses that you would normally have to capitalize.| Patriot Software
Software streamlines processes, but the more systems you use, the greater your costs. Can you take a software deduction to offset expenses?| Patriot Software
As a small business owner, you need to keep track of the liabilities that your business is responsible for. What are liabilities?| Patriot Software
Businesses use strategic pricing strategies to increase customer traffic and maximize profits. Learn about seven strategies and more.| Patriot Software
Accounting errors can happen to anyone. To catch accounting mistakes as soon as possible, learn how to find accounting errors in your books.| Patriot Software
What's a profit and loss statement for small business and why is it important to you? Learn what a P&L statement includes and how to make one.| Patriot Software
Business owners can use a simple equation to find gross profit. Gross profit shows profitability and helps with decision-making.| Patriot Software
You need to know how to increase your business's bottom line to keep your business financially healthy. What is the bottom line in business?| Patriot Software
Operating costs fall into two categories: COGS and operating expenses. Learn the difference between cost of goods sold vs. operating expenses.| Patriot Software
To get an Employer Identification Number, you must either apply online or file Form SS-4. Learn more about Form SS-4 and how to file it.| Patriot Software
Employers need to know what to keep in employee payroll records. Learn what to store in your employee payroll files with our handy checklist.| Patriot Software
Have you made some big purchases for your small business? You can use depreciation to spread the cost out over time.| Patriot Software
You can use amortization to reduce your small business taxable income. What is amortization? Find definitions and examples here.| Patriot Software
The payroll-to-revenue ratio measures how much of your business revenue you spend on payroll expenses. How high should your ratio be?| Patriot Software
A cell phone reimbursement is an employee benefit where an employer covers work-related mobile phone expenses. Find out if it's taxable.| Patriot Software
Don't let these common accounting errors slow you down| Patriot Software
At some point as an employer, you might decide changing payroll frequency is necessary. Learn how to do it here.| Patriot Software
If you offer credit to customers, it may help your cash flow. Use these pros and cons to see if offering credit is right for your business.| Patriot Software
Learn accounting basics, like debits and credits, to help you keep accurate records in your business books. See examples and more here.| Patriot Software
Both Donald Trump and Kamala Harris endorsed “no tax on tips” in the 2024 presidential election. The discussion continues gaining momentum, and several bills (“No Tax on Tips Act” and “The One, Big, Beautiful Bill”) bring it into the spotlight. But will it happen? It could. On May 20, 2025 the Senate unanimously passed the […]Read More| Patriot Software
All employers in the state must provide Maryland sick and safe leave. Your employee count determines whether it's paid or unpaid.| Patriot Software
There is no permanent federal law on paid sick leave. However, there are paid sick leave laws by state you might need to be familiar with.| Patriot Software
Explore key payroll trends, tax changes, and technology shaping small business payroll in 2025. Stay ahead with industry data!| Patriot Software
Have you heard the chatter about a “no tax on tips” proposal? It’s part of the recently proposed “One, Big, Beautiful Bill,” along with another popular provision—”no tax on overtime.” Overtime pay, or time and a half, is currently taxed like regular wages. The no tax on overtime proposal would provide a federal income tax […]Read More| Patriot Software
When a customer gives cash or uses credit to pay for a good or service, you must make a journal entry for sales. Learn how here.| Patriot Software
A workplace incident report documents illnesses, injuries, and other health and safety incidents that occur in the workplace. Learn more.| Patriot Software
Beginning July 1, 2025, all employers must provide Alaska paid sick leave (one hour per 30 hours worked). Learn more here.| Patriot Software
Businesses importing foreign goods are responsible for paying tariffs. Learn how tariffs affect small businesses and how to prepare here.| Patriot Software
If you have questions that aren't answered on the IRS website, you may need to know how to contact the IRS. Learn more when you read this!| Patriot Software
Knowing the average cost of living by state can help you set product or service prices, salaries, and budgets. Find out more here.| Patriot Software
Business owners are likely responsible for managing, accounting for, and reporting inventory. What is inventory, and how should you handle?| Patriot Software
If you hire independent contractors, have them fill out Form W-9. Check out this article to learn what is IRS Form W-9.| Patriot Software
Do you own a business in a service industry? Tip pooling can help make sure your tipped employees are paid equally for their work.| Patriot Software
How does a tip credit affect how you pay your tipped employees? Learn your tip credit requirements and what the current tip credit is.| Patriot Software
Federal income tax withholding is an important part of having employees. Learn more about how to calculate, withhold, and report income tax.| Patriot Software
If you run a business, you might need an FEIN. But, what is an FEIN? Learn more about FEINs and if you should apply for one here.| Patriot Software
Do you know how to form a C Corp? C Corps separate personal and business tax liabilities to protect personal assets from business debts.| Patriot Software
As a small business owner, you can pay taxes using EFTPS. What is EFTPS? Learn more about how you can use the site for your business.| Patriot Software
Before you can calculate net pay for employees, you need to learn about gross wages. Check out how to calculate gross pay (with examples!).| Patriot Software
Your pay frequency determines your cutoff and payday. A payroll cutoff is the date and time you must run payroll for it to process by payday.| Patriot Software
Not sure which of your allowable business expenses might qualify for tax deductions? Check out this list of allowable expenses.| Patriot Software
You need to know how to prepare and use a business balance sheet for your company. So, what is a balance sheet?| Patriot Software
What is an income statement? Do I need one for my small business? Find out how income statements can help you control your financial health.| Patriot Software
If you own a small business, you need to know how to file a small business tax return. Learn more about filing a business tax return here.| Patriot Software
To keep your finances in order and stay on track, you need to learn about the four basic financial statements for small business.| Patriot Software
Learn how to get the cost of goods sold (COGS) with our guide. Discover the COGS formula, calculation steps, and how it impacts pricing.| Patriot Software
How do you get an Employer Identification Number (EIN) from the IRS? This article breaks down how to apply for EIN.| Patriot Software
You need three financial statements: balance sheet, income statement, and cash flow statement. What is a cash flow statement?| Patriot Software
Creating the articles of incorporation is a the first step a business takes when forming a new corporation. Here's an overview of the document.| Patriot Software
As a small business owner, there are accounting terms you should know, including net profit. What is net profit? Learn more here.| Patriot Software
