3 Things to Know about Sole Proprietorship and Payroll
Working as a sole proprietor is one of the easiest ways to run your own business without a lot of complications. When you are the only employee, the payroll is pretty simple. Paying your taxes is pretty straightforward as well. You can even employ family members without running into too many complications. And yet, plenty of sole proprietors still find the business side of running a business – as opposed to serving customers – more than they really want to deal with. As a nationwide leader in payroll services and benefits administration, BenefitMall doesn't have a lot of opportunities to work with sole proprietors. Nonetheless, they say the key to operating a sole proprietorship efficiently is knowledge. The more sole proprietors know about their businesses and the law, the easier it is to do things the right way. To that end, here are three things to know about sole proprietorship and payroll. Whether you are new to self-employment or you have been established as a sole p...