--- title: Payroll description: Current payroll process, Florida Reemployment Tax, tool decision published: true date: 2026-04-12T00:00:00.000Z tags: pncfish, payroll, hr editor: markdown dateCreated: 2026-04-12T00:00:00.000Z --- # Payroll ## Current Process | Item | Method | |------|--------| | Pay schedule | Weekly | | Payment method | Handwritten check | | Hours tracking | Inherited Excel spreadsheets | | Quarterly filing | Florida Reemployment Tax — filed manually | | Annual | W-2s | The Excel spreadsheets were inherited from the prior accountant. They are still in active use. ## Compliance Requirements - **Florida Reemployment Tax** must be filed quarterly - **W-2s** issued annually to employees - **Owner draws** are not wages — do not run through payroll, do not appear on Schedule C ## Tool Decision — Pending | Option | Cost | Notes | |--------|------|-------| | Continue manual (Excel) | Free | Works but scales poorly; compliance risk increases with headcount | | Square Payroll | ~$35/mo + $6/employee | Handles FL Reemployment Tax, W-2s, direct deposit | | Other managed payroll | Varies | QuickBooks Payroll, Gusto, etc. | **Decision not yet made.** Key factor: Florida Reemployment Tax compliance and W-2 accuracy. The manual approach is viable for 1-2 employees but becomes a compliance risk as the team grows. ## Next Step Review inherited Excel spreadsheets. Determine current employee count and pay structure. Make managed vs. manual decision based on headcount and compliance comfort level.