What Is Payroll? – Roberta Pescow

Payroll is the entire process of calculating and distributing payments to employees. That includes making withholdings and deductions, distributing funds and keeping records. In other contexts, it can also refer to a company’s list of employees who are paid or the total funds paid to them. If your small business has employees, here’s what you need to know…

Roberta Pescow writes for NerdWallet. Email: USexpansion@nerdwallet.com.

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