Hiring Your First Employee: A Payroll Setup Checklist

A free, step-by-step checklist for small business owners getting ready to run payroll for the first time. Written by Malcolm Alexander-Neal, QuickBooks ProAdvisor and QuickBooks Workforce Certified, Mac Neal LLC.

Inside this guide:

• Setting up your EIN and state employer accounts
• Employee or contractor: how to tell
• New-hire paperwork: W-4, I-9 and new-hire reporting
• Pay rate, overtime and choosing a pay schedule
• Payroll taxes, deposits and quarterly filings explained
• S-corporation owner pay and recordkeeping
• Your first payroll run, common mistakes and a printable worksheet

Want us to handle it? See Mac Neal LLC Payroll Services at macnealllc.com/payroll-services. General information only, not tax or legal advice.