Online Payroll Calculator
Do you own a small business and need help preparing your payroll? Are you unsure of how much money you’re required to deduct from your employee's paycheck for taxes? I would suggest an online payroll calculator.
An online payroll calculator determines the amount of tax you need to withhold from your employee’s paycheck. As the employer, you're held responsible for the proper amount of tax to be withheld. Also, you are required to pay the Federal Government for the taxes you withhold. Processing payroll can be very stressful and time consuming.
Another reason to use an online payroll calculator is to make sure you are withholding and paying all of the necessary taxes including:
- Social Security
- Medicare Tax
- Unemployment Tax
There are many online payroll calculators available; I would suggest QuickBooks. QuickBooks offers a variety of programs to fit your needs. Over one million businesses use QuickBooks for their payroll processing. It is easy to use and it has everything you need for a very reasonable price. You can even take advantage of their 30 day free offer and then a monthly fee as low as $25.
Processing payroll with an online payroll calculator is as easy as three steps with QuickBooks. First, you create a paycheck by simply entering in the hours your employee worked. Second, you review the pay check and approve it. Third, you select to pay the employee all by a click of a button. You can even choose whether you want your employee's check to be printed and mailed, or set up for direct deposit.
QuickBooks offer all the information you need to be confident in preparing your own payroll and not spending a large amount of money for someone else to prepare it for you.
To try an online payroll calculator visit QuickBooks Payroll today.