How to Run Payroll

For small businesses, payroll can seem daunting…but it’s doable. Here’s how to run payroll, including how to set it up and what your options are.
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▬ Contents of this video ▬▬▬▬▬▬▬▬▬▬
00:00 Weekdays With Bernie
00:45 Payroll Can seem daunting
01:38 Three Payroll Options
04:36 How to Set Up Payroll in Three Steps
07:32 How to Run Payroll in Five Steps
14:55 Final Thoughts
▬ Episode Resources & Links ▬▬▬▬▬▬▬▬▬▬
5 Steps for Running Payroll: A Small Business Guide | BerniePortal
blog.bernieportal.com/5-steps...
Apply for an Employer Identification Number (EIN) Online | Internal Revenue Service
www.irs.gov/businesses/small-...
Form W-4 2022 | Internal Revenue Service
www.irs.gov/pub/irs-pdf/fw4.pdf
How to Fill Out Form W-4 in 2022 | BerniePortal
blog.bernieportal.com/how-to-...
Biweekly is Best: How to Think About Pay Schedules | HR Party of One
• Biweekly is Best: How ...
Is Overtime Calculated Daily or Weekly? | HR FAQ
• Is Overtime Calculated...
Tax Withholding Estimator | Internal Revenue Service
www.irs.gov/individuals/tax-w...
Employment Tax Due Dates | Internal Revenue Service
www.irs.gov/businesses/small-...
Form 941 (Rev. March 2022) | Internal Revenue Service
www.irs.gov/pub/irs-pdf/f941.pdf
How to Complete Form 941 | BerniePortal
blog.bernieportal.com/how-to-...
2021 Form 940 | Internal Revenue Service
www.irs.gov/pub/irs-pdf/f940.pdf
How to Fill Out Form 940 for Federal Unemployment Taxes | BerniePortal
blog.bernieportal.com/how-to-...
2022 Form W-2 | Internal Revenue Service
www.irs.gov/pub/irs-pdf/fw2.pdf
How to Fill Out Form W-2 in 2022 | BerniePortal
blog.bernieportal.com/how-to-...
Employment Tax Recordkeeping | Internal Revenue Service
www.irs.gov/businesses/small-...
Fact Sheet #21: Recordkeeping Requirements under the Fair Labor Standards Act (FLSA) |
www.dol.gov/agencies/whd/fact...
Department of Labor
www.dol.gov/agencies/whd/fact...
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#hr , #humanresources , #hrtips , #payroll , #humanresourcestips , #smallbusiness , #hrpartyofone ,

Пікірлер: 33

  • @AdelitaWilliam-dl7ci
    @AdelitaWilliam-dl7ci Жыл бұрын

    I am learning so much from watching your videos. Thank you so much for sharing this amazing source of information. This one is quite helpful.

  • @HRPartyofOne

    @HRPartyofOne

    Жыл бұрын

    You are so welcome!

  • @D-un6tr
    @D-un6tr2 күн бұрын

    I learn more vocab for my job in payroll and Im proud about me because i understan each time more. Thank you❤

  • @margaretglushko4667
    @margaretglushko4667Ай бұрын

    I am a new in this field and I have been so stressed with running payroll. The thought of it makes me want to cry. I watched so many videos and they only made me more stressed. This video definitely brought some clarity and understanding on how to run payroll now I feel more confident. Thank you for your help! You have definitely gained a new subscriber!

  • @HRPartyofOne

    @HRPartyofOne

    Ай бұрын

    We are so happy you find it helpful! We also have a free course (only an hour or two long) on running payroll for beginners, and so many other resources. Here is the course: www.bernieportal.com/payroll-basics-for-employers/ And feel free to check out our blogs: blog.bernieportal.com/ We wish you luck in your new role! Always feel free to drop into our HR Party of One Community to ask questions so we can direct you to expert advice and resources: help.bernieportal.com/portal/en/signin

  • @alvinmendaros
    @alvinmendaros11 ай бұрын

    Thank You for making this video! It really helped my company as it grows and hires employees. 👍🇺🇸🙏

  • @HRPartyofOne

    @HRPartyofOne

    11 ай бұрын

    Great to hear! We have many other resources at BerniePortal.com that can help you develop your company---keeping you compliant, honing your recruitment and retention strategies, building a great culture, and more!

  • @yashgamingsingh523
    @yashgamingsingh5233 ай бұрын

    VERY NICE INFORMATION THANKS

  • @nadeemkhattak6272
    @nadeemkhattak62723 ай бұрын

    Nice. Please include information on obtaining SUI and SIT for out of State payroll.

  • @charlesbradford6738
    @charlesbradford67383 ай бұрын

    Excellent presentation. Pleasant and articulate narrator. Thank you for your effort.

  • @HRPartyofOne

    @HRPartyofOne

    3 ай бұрын

    You're welcome!

  • @k.k8000
    @k.k8000 Жыл бұрын

    You’re very good at this tutorial thank you so much.

  • @HRPartyofOne

    @HRPartyofOne

    Жыл бұрын

    Glad it was helpful! Thanks for watching.

  • @shadow_live20
    @shadow_live202 ай бұрын

    Can you please make a video on Australian payroll as well

  • @BO-2016
    @BO-2016 Жыл бұрын

    Can you use it for multiple employers

  • @EPHONIC
    @EPHONIC4 ай бұрын

    Does this all apply to a LLC elected as an S-Corp for taxes?

  • @farzadt
    @farzadt Жыл бұрын

    Hi, thank you for the info. Quick question for you. Is there a software out there where I can use to process payroll for multiple businesses if I decide to start my own payroll processing company? Do you think if I have less than 100 businesses signed up I can process everything under spreadsheet and Excel program? Lastly, are there any requirements to become a payroll processing company or payroll experience is good enough. Thank you!!

  • @nadeemkhattak6272

    @nadeemkhattak6272

    3 ай бұрын

    You can use ADP RUN if you have less than 100 employees.

  • @AK-ti6lk
    @AK-ti6lk Жыл бұрын

    I love your shirt:)

  • @HRPartyofOne

    @HRPartyofOne

    Жыл бұрын

    Thanks!

  • @Anna_ph476
    @Anna_ph476Ай бұрын

    Hi. Im Anna from the philippines. I worked as payroll analyst in my country for 23 yrs now. Is the US outsourcing payroll?

  • @DUQUEGLO
    @DUQUEGLO9 ай бұрын

    very good

  • @HRPartyofOne

    @HRPartyofOne

    9 ай бұрын

    Thanks!

  • @nonagzone1
    @nonagzone14 ай бұрын

    My adviser in kansas said I didn't need to pay unemployment tax

  • @D-un6tr
    @D-un6tr2 күн бұрын

  • @kennethmorey4508
    @kennethmorey45085 ай бұрын

    Edit suggestion: on the W2 section you actually say W4

  • @HiraKhan-fn8lp
    @HiraKhan-fn8lp10 ай бұрын

    Nice, but this information is more about HR hiring process but not how you calculate hours written/clocked-in and prepare paychecks bi-weekly or monthly. Different companies probably use some program to calculate or auto-deposit in employees account but if the machine or program fails or malfunctions how do you go about it then? Thanks :)

  • @HRPartyofOne

    @HRPartyofOne

    10 ай бұрын

    Hi, thank you for asking this question! If you do not have an all-in-one HRIS and are concerned that your program or process has errors, you can watch this video on payroll audits to determine if your program or process is accurate enough: kzread.info/dash/bejne/ip2Xj6mLpavOpqw.html A payroll audit may be time-consuming, but it can point out mistakes before they are made, so if you are concerned about malfunctions or failures then you know exactly how to go about preventing them in the future. However, an all-in-one HRIS should do these calculations for you. In case of errors, BerniePortal enables you to work one-on-one with your dedicated support specialist to fix the error, whether that be a time edit or something else. BerniePortal uses data within your system, such as if you use the time and attendance, benefits administration, or PTO features, to run an accurate and efficient payroll each pay period, with all the data you could possibly need to input handled for you. If you have any more questions or want more resources, let us know! We can direct you to more episodes, e-books, courses, and articles. Or, you can talk to an expert to answer your questions and direct you toward a better solution. HR is hard enough, and running payroll is critical to keeping your people happy--and we are happy to help you! :)

  • @k.k8000
    @k.k8000 Жыл бұрын

    I will have 1 to 2 employees I have no choice but to do it myself.

  • @DUQUEGLO

    @DUQUEGLO

    9 ай бұрын

    do it yourself is better with two employes

  • @user-dk7qh6zs1m
    @user-dk7qh6zs1m4 ай бұрын

    تازه کارم یکم پیش بریم ببینیم چطوریه

  • @colbymckay3455
    @colbymckay345514 күн бұрын

    My question is why do all this to begin with? Eliminate income tax and let Americans who work take charge of their dollar!