How to Simplify Your Small Business Payroll Process in 10 steps
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Step 1. Make sure your business is registered with the IRS
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Step 2. Secure completed form W-4 from your employees
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Step 3. Register in the state for state withholding and unemployment tax
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Step 4. Make correct classification for exempt and non exempt employees
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Step 5. Select Correct Deduction Method
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Step 6. Select Correct Payment Method
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Step 7. Enter time card entry
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Step 8. Run Payroll
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Step 9. File your Form 940 and Form 941
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Step 10. Make your tax deposits
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