The Small Business Administration (SBA) reports that Connecticut is home to over 360,000 small businesses, making up more than 99% of all businesses in the state and playing a critical role in its economy. Major corporations such as Hartford Financial Services, Stanley Black & Decker, and Raytheon Technologies also contribute to Connecticut’s strong business landscape, providing opportunities for partnerships that support smaller businesses statewide. This network drives Connecticut's economic health, highlighting the essential role of small businesses in fostering growth and innovation across the state.
If you have or are considering starting a Connecticut small business, one of the important responsibilities you will face is calculating payroll. It’s an essential part of operating your business legally.
This free hourly and salary paycheck calculator can make it easy for you to calculate pay and withholdings for all your workers. Get an accurate picture of the employee’s gross pay, including overtime, commissions, bonuses, and more. Deduct state and federal taxes—factoring in employee-requested allowances—to get a more accurate picture of each employee’s earnings.