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What Is Payroll Processing? Here’s How It Works

Published July 29, 2021

Payroll processing is how businesses manage employee compensation and related taxes. It involves several steps, including initiating new employees into a payroll system, withholding taxes and paying employees. While using payroll software or outsourcing this work can make it more manageable, you’re still responsible for paying employees correctly and complying with state and federal laws.

What's involved with payroll processing? Learn more plus expert insights from SCORE mentor John Manry. Read the article at NerdWallet.com:

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