00:23:43
Running payroll can be a confusing and frustratingly bureaucratic process for farmers and ranchers attempting to do it independently, but it doesn't have to be! Episode 53.
0:00 – Introduction
1:25 – Understanding Payroll Basics
3:48 – Initial Challenges in Payroll Processing
6:55 – Handling Multiple State Employees
9:30 – Benefits of Payroll Services
13:20 – Choosing the Right Payroll Provider
16:40 – Collaborative Solutions for Payroll
20:09 – Conclusion and Resources
In this episode we explore ways that farmers and ranchers can alleviate the administrative burdens of payroll. We discuss the pros and cons of solutions like payroll services, DIY payroll, and cross-farm cooperatives.
Additional resources:
Publication 51- Agricultural Employer’s Tax Guide
Farmers’ Guide to Shared Labor Arrangements
This work is supported by the Farm and Ranch Stress Assistance Network (FRSAN), grant no. 2021-70035-35372/project accession no. 1027099, from the U.S. Department of Agriculture, National Institute of Food and Agriculture.
