💲Self-employed Payroll: How to Pay Yourself

Below are some best practices you can follow. [Image]( Expert Insights on HR March 13, 2024 New look, same great content!💡Our newsletters got a renovation, but our content will continue to provide the best answers to your small business questions!   Our Experts Topic of the Week: Self-Employed Payroll Processing payroll, even if it’s just for yourself, can be complicated. You have to be mindful of many things, such as taxation and payroll compliances. If you’re new to self-employed payroll or want tips to help make things a bit easier, below are some best practices you can follow. - Heather Landau, Jennifer Soper, Robie Ann Ferrer, Genevieve Que, Juvy Vallescas   [LLC vs S-corp vs C-corp: What is the Best for Small Business?]( [LLC vs S-corp vs C-corp: What is the Best for Small Business?]( The type of business structure you have, be it a sole proprietorship or partnership, can impact how you pay yourself and potentially save on taxes. You can also avoid issues from the Internal Revenue Service (IRS) if you set up the right business structure for you. To know more, read our guide to the different types of business entities. [Read More](   [Self-employed Payroll: How to Process Your Own Paycheck]( [Self-employed Payroll: How to Process Your Own Paycheck]( If you’re a sole proprietor, you can’t get money from your business bank account to pay yourself any time you want. You should follow the pay schedules you’ve set for your business. This helps you better manage company funds and expenses. Check out the below guide for more tips on processing self-employed payroll. [Read More](   [How to Do Payroll for Small Businesses (+ Video Guide & Template)]( [How to Do Payroll for Small Businesses (+ Video Guide & Template)]( While small business owners tend to be well-versed in the product or service they offer, not everyone has the knowledge or time to tackle all payroll operations. Our how-to guide breaks down everything you need to know. [Read More](   Sponsored by: [Deel]( Securing top talent with our guide is a click away Learn about staying compliant with employment & taxes abroad with Deel’s International Hiring and Compliance Guide. [Download your guide]( Based on Your Latest Reads   [40 Customer Service Statistics for Small Business]( Here are 40 customer service statistics that reveal how exemplary customer support leads to stronger customer relationships and businesses. [6 Steps on How to Hire Employees]( Learn how to hire employees by creating strong job descriptions, advertising, evaluating resumes, and interviewing candidates. [Employee Theft: Small Business Guide (+ Policy Template)]( This article explains employee theft, how it occurs, and ways to prevent employee theft from happening at your company. [Did you know? 🤔]( There's more beyond the newsletter? Follow us on social media to stay informed on exclusive insights, resources, and sneak peeks into the latest trends in HR! [Facebook]( [Instagram]( [Pinterest]( [LinkedIn]( [YouTube](   Latest in HR   [How to Find Employees on LinkedIn]( Learn how to find employees on LinkedIn, create your company profile page, connect with colleagues, and discover the best recruiting plans.   [2024 Gusto vs QuickBooks Payroll: Which Is Better?]( Gusto offers the best payroll and HR services, while QB Payroll is better for those using Intuit QB products. Learn more in our Gusto vs QuickBooks guide.   [Indeed vs CareerBuilder: Price, Features & What’s Best]( We evaluated Indeed vs Careerbuilder on pricing, features, and ease of use to help you find which recruiting solution is right for you. More FSB Resources   More Than A Newsletter   Written by Heather Landau, Jennifer Soper, Robie Ann Ferrer, Genevieve Que, Juvy Vallescas About Fit Small Business HR Newsletter: Providing you with newsworthy tips, tricks, and informational deep dives on all HR and Payroll topics relevant to small business owners. Delivered to your inbox every Wednesday. [Sign up today]( Visit the [Subscription Center]( to get other free newsletters, manage your account settings or to be removed from Fit Small Business communications. 0[Unsubscribe]( | [FAQ](| [Terms of Use]( | [Privacy Policy]( © 2024 TechnologyAdvice, LLC. All rights reserved. This is a marketing email from TechnologyAdvice, 3343 Perimeter Hill Dr., Suite 100, Nashville, TN 37211, USA. Please do not reply to this message. To contact us, please [click here](.