Maybe you’re weighing the pros and cons of hiring your first employee. Maybe you’ve had employees for years and have been handling the payroll taxes yourself, but aren’t confident you’re doing everything exactly right. Or maybe you’ve outsourced the processing of payroll and hardly give it a thought. One thing is certain, where there are employees, there are payroll taxes, and where there are payroll taxes, there are opportunities for costly — even devastating — mistakes. Here are some of the most serious payroll mistakes:Mistake No. 1: Setting up a payroll tax program and never thinking about it again. Business
