How Do I Set Up Payroll for the First Time? The Employer’s Guide for 2021
There’s something we’ve got to tell you: You rock. You’ve started your business, and now you’re at the point where you’re ready to...
Talk Shop
Advice and information for growing businesses and their talented teams.
Trending topics
Ask Gusto. Get answers.
Fall in love with modern payroll
Starting a Business
Q: What’s a C Corp?
Startups typically form C corps, along with other companies that need to raise capital, plan to go public, or eventually get sold. Learn more about the pros and cons of this unique business structure.
Q: What’s a Multi-Member LLC?
A multi-member LLC is a limited liability company with two or more members. Married couples, family businesses, and businesses with multiple owners often form this unique type of LLC.
Q: What Are the 4 Types of Business Partnerships?
Why would you form an LLC partnership over, say, a limited partnership? Let’s dive into how these four business structures work and the pros and cons of each.
Q: What’s a Disregarded Entity?
When you form a single-member LLC, you default to being a disregarded entity. Here's what that means.
Q: What’s a Certificate of Good Standing? And How Do I Get One?
Find out what good standing means, whether you need it, and how to get a certificate from your state.
Hiring and Growth
Q: Can I have an FSA and an HSA at the same time?
Health savings accounts (HSAs) and health flexible spending accounts (health FSAs) are employee benefits that allow eligible individuals to put...
Q: Health Insurance Premiums: What They Are, How They Work, and Other Stuff to Know
A health insurance premium is the amount an insured person pays every month for their health insurance. The premium is...
Finances and Taxes
Q: What Is a Timesheet?
A timesheet is a tool used to track how many hours an employee or contractor works over a: Time period;...
Q: What’s the Research and Development Tax Credit?
As a small business owner, you can save a significant amount of money each year with tax credits. The trick...
Q: What’s Form 940? Am I Required to File It?
Form 940 is a tax form that allows employers to report their annual FUTA (Federal Unemployment Tax Act) tax. Most...
Q: What’s Form 941 and How Do I Fill It Out?
Form 941 is how you tell the IRS how much was withheld from your employees’ paychecks each quarter. This line-by-line tutorial will help you fill it out.
Team Management
Q: What’s an Individual Coverage HRA (ICHRA)?
By offering an ICHRA, you can reimburse your employees tax-free for health insurance bought on the individual market—letting you provide benefits without offering a group health plan.
Q: What Is a Section 125 Plan?
A Section 125 Plan, sometimes known as a cafeteria plan or as a “premium only plan” (depending on the purpose...
Q: Can I Use an FSA for Daycare Expenses?
Depending on the FSA, employees can use the funds in their flexible savings arrangements (FSAs) to cover the costs of...
Q: What Is an HRA Account?
HRA stands for “Health Reimbursement Arrangement,” a type of employer-provided benefit. It provides employees with assistance in paying their out-of-pocket...
Q: What Is a Dependent Care FSA?
A dependent care flexible spending account (FSA) allows your employees to save for qualified dependent care expenses. This can make...
Simple time tracking that syncs with payroll.
Meet our featured contributors
Paco de Leon
Founder of Hell Yeah, Bookkeeping
Ryan Robinson
Writer, entrepreneur, and small business consultant
Jeff Haden
Inc. columnist and small business management expert
Steve Strauss
Best-selling author of the Small Business Bible
Steve Friess
Washington Post + New York Times writer, small business owner
Andi Smiles
Small business financial consultant
