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How to do payroll for a small business
Payroll processing requires an EIN, pay schedule, gross pay calculation, deduction management, and tax withholding. Follow these steps to run payroll.
In his decades-long career in tech journalism, Dennis has written about nearly every type of hardware and software. He was a founding editor of Ziff Davis’ Computer Select in the 1990s, senior ...
For employers operating on a biweekly payroll schedule, 2026 is not quite business as usual. This year brings an uncommon payroll wrinkle: for many companies, the calendar will produce a 27th payday.
You may miss a paycheck for a number of reasons (e.g., unpaid leave or work schedule less than 12 months). When you miss a paycheck, you also miss benefit premiums, which you will need to pay later.
You may find your job fulfilling, but at the end of the day, you work to earn a living. That income provides a roof over your head and food on your table. Subtract any pre-tax deductions, like health ...
The Social Security payroll tax includes a 6.2% tax paid by both employees and employers. Workers will pay Social Security payroll taxes on up to $184,500 in earnings in 2026. Individuals who have ...
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