How Small Businesses Can Innovate During the Offseason | Biz Buzz x Allies for Me – E#-44
In this insightful episode of Biz Buzz, host Sree from MyWorkbelt sits down with Charles Read, a seasoned CPA and payroll expert, to uncover the most common payroll mistakes for small businesses — and how to avoid them.
Every small business owner knows payroll is more than just paying employees. It’s about compliance, accurate classification, and understanding complex IRS rules. Charles explains why even small payroll mistakes for small businesses — like misclassifying contractors as employees or ignoring IRS notices — can quickly escalate into costly penalties and stress.
During the discussion, Charles shares real-world examples and offers practical advice on staying compliant with U.S. tax laws. He highlights how outsourcing payroll to a professional company like GetPayroll can help small businesses save time, money, and stress while staying fully compliant with IRS standards.
Listeners will also learn the difference between employee and contractor classification, tips on filing payroll taxes correctly, and insights into how business owners can appeal IRS payroll-related penalties. Whether you manage your payroll in-house or rely on software, this episode reveals the hidden pitfalls every small business should know.
If you’re a small business owner looking to simplify payroll, avoid IRS penalties, and focus on business growth, this episode is a must-listen.
🔹 Guest: Charles Read, Founder of GetPayroll
🔹 Host: Sree, MyWorkbelt
🔹 Sponsored by: MyWorkbelt
🔹 Key topics: IRS compliance, payroll outsourcing, tax court appeals, contractor vs employee classification
#PayrollMistakes, #SmallBusinessPodcast, #BizBuzz, #MyWorkbelt, #GetPayroll, #IRSCompliance, #PayrollOutsourcing, #TaxTips, #BusinessGrowth, #Entrepreneurship