Setting up a Payroll System for Your Business

Each new employee must complete certain paperwork at hire. You as the employer must be certain that the new hire forms and application are completed and filed. These forms include:

• A W-4 Form to designate withholding
  
• An application form
  
• An I-9 Form to show eligibility to work in the U.S., and
  
• State and local tax documents.

Index: Setting up a Payroll System for Your Business

1. Understanding Your Responsibilities as an Employer
2. Understanding the Types of Employment Taxes
3. Make Decisions on How and When to Pay Employees
4. Decide Who Will Do Your Payroll Work
5. Determine the Paperwork Needed for New Hires
6. Calculate Pay for Hourly and Salaried Employees
7. Create a Payroll Register and Set Aside Payroll Liabilities
8. Provide Payroll Tax Reports to Taxing Authorities
9. Submit Payroll Taxes to Taxing Authorities
10. Set Up a Yearly Payroll Tax Calendar