9 min listen
18: Fascinated by Payroll with Charles Read
ratings:
Length:
39 minutes
Released:
Dec 14, 2020
Format:
Podcast episode
Description
Charles Read is a serial payroll entrepreneur and the CEO of GetPayroll. He is also the founder of Custom Payroll Associates and Payroll On A Budget and has over 40 years of experience in the industry. Charles is a US Tax Court Practitioner and a United States Marine Corps veteran.
Time Stamps
[01:14] Charles’ professional background and why he started his own company
[03:05] Charles’ entry into the payroll industry
[04:34] The move from Payroll On A Budget to GetPayroll
[06:52] The appeal of the payroll business
[08:38] How Charles helps businesses beat the IRS
[14:36] The difference between employees and contractors
[18:28] The true expense of using PEOs
[20:32] How the pandemic is changing how employees and businesses think about work
[25:08] Advice for new entrepreneurs incorporating a business
[27:35] Major mistakes that businesses make
[29:45] The tax implications of skipping W-2 income
[32:36] Charles’ tips for avoiding employment tax penalties
Links and Resources:
Charles Read’s LinkedIn Profile
GetPayroll Website
Charles Read's The Payroll Book: A Guide for Small Businesses and Startups (Amazon)
Steve’s blog
https://StevePreda.com
Time Stamps
[01:14] Charles’ professional background and why he started his own company
[03:05] Charles’ entry into the payroll industry
[04:34] The move from Payroll On A Budget to GetPayroll
[06:52] The appeal of the payroll business
[08:38] How Charles helps businesses beat the IRS
[14:36] The difference between employees and contractors
[18:28] The true expense of using PEOs
[20:32] How the pandemic is changing how employees and businesses think about work
[25:08] Advice for new entrepreneurs incorporating a business
[27:35] Major mistakes that businesses make
[29:45] The tax implications of skipping W-2 income
[32:36] Charles’ tips for avoiding employment tax penalties
Links and Resources:
Charles Read’s LinkedIn Profile
GetPayroll Website
Charles Read's The Payroll Book: A Guide for Small Businesses and Startups (Amazon)
Steve’s blog
https://StevePreda.com
Released:
Dec 14, 2020
Format:
Podcast episode
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