Free online accounting software maker Wave Accounting has released the U.S. edition of Wave Payroll, its cloud-based payroll offering designed for small businesses.

Wave launched the product for the Canadian market in February and it is now available in all 50 states. Signing up for the product is free, however running payroll is $5 or less per employee per month, with no charge until the first payroll is completed. There is also no charge for employees not paid in a given month. 

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