Question 1

Can I try payroll software with a free trial?

Accepted Answer

Yes, some providers offer free trials. QuickBooks and ADP RUN both offer time limited trials. QuickBooks gives you 30 free days while ADP RUN gives you a whole three months. Sage, Gusto, and Paychex Flex offer a product demo.

Question 2

Is there a difference between paying employees or contractors?

Accepted Answer

Yes, employees and contractors have different legal requirements when managing their payroll. While a company will need to withhold income tax and FICA taxes from an employee, they do not do the same with contractors. Instead, it is the responsibility of the contractor to manage their own taxes.

Contractors will also be exempt from company-wide payroll deductions like healthcare programs or parking plans.

Question 3

Would someone be able to do payroll by hand?

Accepted Answer

It’s definitely possible to conduct your employees’ payroll by hand, but you need to make sure you know what you’re doing. There is a government form, known as Form 941, that will allow you to calculate and deduct government taxes, but couple that with employee benefits and wage garnishment, and it can be a tricky process.

HR Software

Engagedly Pricing Guide and Review

Betterworks Pricing Guide and Review 2023

What is the Paycheck Protection Program?