Will be hiring for the first time in a few weeks and this was very informative. I like to understand what I’m paying my accountant for and I would recommend an accountant/cpa for anyone in business. Ignorance is no longer an excuse.
IRS takes 30% of my income in CA Then I have to pay an employee a wage Then pay payroll tax Then pay Medicare Then pay workers comp… How in the heck am I supposed to profit after all my costs? Seems impossible!
I have a cleaning business, and I'm trying to learn what I need to put in place before expanding and hiring employees, so that i can eventually retire (i just turned 25) if you bave any tips or suggestions i am open! I'll definitely watch this video MANY times in the near future!
Seems it would be easier to just outsource a company to handle certain tasks instead of hiring employees the costs are too much for a startup - The business needs to pay its own taxes - Business then pays employees - Business also pays accountant for payroll - Business pays taxes for each employee - Business needs to provide benefits and sometimes employees need more pay. What does the business get at the end of this?
Great video! I'm trying to decide between Square and Quickbooks for payroll. It looks like Square has pay as you go workers comp so I'm leaning towards them
If I own a business and my friend owns a business. Can we employ each other just to show mortgage brokers we have a job instead of showing the 2years of income based off our 1099 business?
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Will be hiring for the first time in a few weeks and this was very informative. I like to understand what I’m paying my accountant for and I would recommend an accountant/cpa for anyone in business. Ignorance is no longer an excuse.
IRS takes 30% of my income in CA
Then I have to pay an employee a wage
Then pay payroll tax
Then pay Medicare
Then pay workers comp…
How in the heck am I supposed to profit after all my costs?
Seems impossible!
Simple. Leave Calfornia
😂😂😂I’m wondering the same thing in nyc
Thanks for this video. I will have to come back and watch over and over to make sure I internalize the info.
You guys are killing it!!! Great Work to the whole team....
I have a cleaning business, and I'm trying to learn what I need to put in place before expanding and hiring employees, so that i can eventually retire (i just turned 25) if you bave any tips or suggestions i am open! I'll definitely watch this video MANY times in the near future!
*I do have an IEN already, but I don't have a business bank account- although I was recommended to start putting myself on a payroll of sorts
Great video man!
I have to say thank you for this video man Best breakdown I've seen!
Yeah I’m hiring too
This information was so needed thank you!
just. wow. some important information
Thank you so much for this information, truly helpful
Thank you very much for this awesome video
Please add a link to a similar good video like this for Canadians! 😁
I am looking for the LOVE button!
This video changed the game for me thank you
Seems it would be easier to just outsource a company to handle certain tasks instead of hiring employees the costs are too much for a startup
- The business needs to pay its own taxes
- Business then pays employees
- Business also pays accountant for payroll
- Business pays taxes for each employee
- Business needs to provide benefits and sometimes employees need more pay.
What does the business get at the end of this?
Awesome video! This definitely gives me a clear idea of what the hiring process will be for me.
Great Information!
Great video! I'm trying to decide between Square and Quickbooks for payroll. It looks like Square has pay as you go workers comp so I'm leaning towards them
Very good points. Thank yiou
Wow great content. Thank you.
Thanks for sharing this information, this is really important to know.
Solid content!
Thank you !
Great information! Awesome!!!
I had my EIN so when I hire my first employee I don’t to apply for EIN for him ?
I need work
So I search on TH-cam
how to hire employees for a small business and now trying to find a business owner who can give me a job 😂😂
how do you hire partime , seasonal and full time.. also 1099 vs W2 wmployee
Learned a great deal
Good information
Thank you
If I own a business and my friend owns a business. Can we employ each other just to show mortgage brokers we have a job instead of showing the 2years of income based off our 1099 business?
That’s called fraud
I need money to pay employees. I am not taking out a loan etc...
hahahahaha if you haven’t figured that one out business might not be for you
Thank u !!
I can do work from home
I need 3-4 dollar a day
application ?
terima kasih atas video nya
is there someone you can hire to handle all of this stuff for you?
A full guide in 10 minutes? haha
First 😀
Man I'd rather outsource accounting lol
This the one
Work on those forearms
Thank you