Banking
How to Set Up Payroll for Your First Employee
Get payroll right from day one: obtain EIN and state accounts, collect W-4/I-9, set pay rules, calculate withholdings, and meet tax deadlines.
July 18, 2026
Get payroll right from day one: obtain EIN and state accounts, collect W-4/I-9, set pay rules, calculate withholdings, and meet tax deadlines.
Set a defensible S‑corp salary: match market pay to duties, run payroll before distributions, and keep documentation.
Opening a U.S. business bank account remotely is feasible for non-residents if you form a U.S. entity, get an EIN, and submit clean, matching documents.
Understanding income statements, balance sheets, cash flow and metrics like burn rate and runway prevents startups from running out of cash.
Compare business credit cards and loans: costs, limits, approval time, and when to choose each for short-term vs long-term needs.
Set up a U.S. LLC, obtain an EIN, open a U.S. bank account, and verify Stripe as a non-resident.
