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This video tutorial discusses the best free payroll software options for small businesses. Free payroll software can help reduce expenses and simplify payroll processes, although it may not offer as many features as premium software. The key features to look for in free payroll software include paycheck calculation, time tracking, and deductions. Five top picks for free payroll software are discussed in the video, with Payroll for Free highlighted as the best option. It is important to choose a truly free software that does not require a monthly fee.