Payroll processing requires an EIN, pay schedule, gross pay calculation, deduction management, and tax withholding. Follow these steps to run payroll.

Creating a payroll budget is tricky. It involves breaking down your company’s payroll and calculating the total cost for each person in each role — including their wages, taxes and employee benefits.

If you’re responsible for your company’s payroll, tax season probably brings a few nagging little fears with it: Did I input everyone’s information accurately? Is all the withholding and deduction ...