18: Fascinated by Payroll with Charles Read

2020-12-14

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 payro...

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