Payroll?

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Harborfields
Posts: 358
Joined: Tue Jul 05, 2011 11:29 pm
Location: West Boothbay Harbor, Maine
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Payroll?

Post by Harborfields »

Just curious if any others here have employees as part of your business, and if so how you manage your payroll accounting and tax/insurance obligations (e.g., do you do it yourself --using QuickBooks or other -- or do you outsource it to a payroll service)? Or do you treat all the people who might work for you as independent contractors?

Thanks!
Wendy@NorthIdaho
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Joined: Thu Oct 07, 2010 7:03 pm
Location: North Idaho, USA
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Post by Wendy@NorthIdaho »

For us everyone is an independent contractor. Our housekeeper is an individual with her own business, same with the electrician, etc.. We have an accountant do our taxes at the end of the year to make sure we are doing everything correctly... really other than the housekeeper we don't have anyone else on a very regular basis.

Wendy
New Vacation Rental called DayStar Lodge! (Sold Narrows Cottage now have a rental management company called A-List Rental Management)
Karma
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Joined: Sun Sep 02, 2007 11:56 am
Location: Lindfields 3.5 miles to Disney
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Hi!

Post by Karma »

Everyone I employ is a contractor so not on "pay roll". I do my own accounts and use an accountant (Harding Tax) to submit it to the IRS.
Blythe
Posts: 5
Joined: Mon Sep 05, 2011 2:31 pm

Re: Payroll?

Post by Blythe »

Harborfields wrote:Just curious if any others here have employees as part of your business, and if so how you manage your payroll accounting and tax/insurance obligations (e.g., do you do it yourself --using QuickBooks or other -- or do you outsource it to a payroll service)? Or do you treat all the people who might work for you as independent contractors?

Thanks!
I don't have employees but I know other property managers that do. I think there are businesses out there that can help handle your payroll etc these days. Sometimes it is best to outsource something like that. Have you heard anything about Paycor Orlando?
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