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Learn how to do payroll efficiently with this comprehensive guide. Discover the essential steps and tips for accurate employer payroll processing.
Step-by-step guide on how to do payroll for your small business in 2023 (and beyond) + tips and free templates.
What is payroll processing? ; Payroll processing is the procedure for paying your employees for their work. It involves calculating total wages, withholding deductions, filing taxes and compensating employees. Payroll processing happens at the end of a pay period. It involves multiple steps to ensure that pay is calculated correctly, tracked and doled out and to verify that you withhold the correct amounts for taxes, company benefits and other deductions. Dedicated payroll professionals often manage and administer payroll. Payroll can also fall ...
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