If you have other people working for you, you have to pay them. You have to know to take out the right amounts of the right things, such as social security, payroll taxes, unemployment, and so on.
Depending on how your business is set up, you need to do this for yourself too!
If you aren’t an accountant, and don’t know much about payroll, it might be a lot easier and a lot smarter to outsource the task.
There are many payroll companies out there that can easily do this for you.
Not only will this mean that you don’t have the headache of having to deal with it, but then you won’t get in trouble for messing it up since a professional is doing it.
It can totally be worth the money to have someone else take care of payroll if you’re not in the field and don’t already know a lot about it.
If you’d like to see other tips that are a part of the series, check out 30 Things an Internet Marketer Can Outsource.
Enjoy,
