Did you know that not all forms of income should necessarily be taxed at the same rate? If you’re not sure how to handle the withholdings for regular income, bonuses and commissions, using a payroll service is your best bet for minimizing tax-time surprises.
Contracting with a payroll service improves productivity and lowers costs because it frees up staff to work on their primary functions. It also saves the expense of hiring an in-house specialist solely for payroll purposes.
One huge benefit to using online paperless payroll systems is instant access to payroll records. Instant access not only saves business owners plenty of time, but instant access services also saves space and provides a higher level of security.
If you are looking at outsourcing options for your business, a payroll service makes a lot of sense, as it can significantly relieve some of you administrative burdens. These include running payroll but also benefit administration, vacation, and sick pay.
We recognize how critical it is for employees to receive their paychecks on time and in the correct amount. If you’ve had issues with payroll services in the past, we’re always up to the task of handling your company’s payroll in a more professional manner.
Has your business ever received a fine from the IRS for failure to submit payroll taxes when they were due? Let’s talk about how working with us for your regular payroll can help you to be better prepared for tax payments and filings.
Did you know that, if your company files its state or federal payroll taxes incorrectly, it can be fined and/or face substantial penalties? A payroll service will ensure that all of your state and federal taxes are filed correctly, potentially saving your company thousands of dollars.
Errors inevitably occur when writing out checks to employees manually, and these can be time-consuming, annoying, and sometimes costly to correct. Working with a payroll service drastically reduces the possibility for error, which makes them a good investment for many businesses.
If you have employees who have preferred charities to which they regularly donate, or your company has a charity it supports, we will help manage donations to see they are directed to the proper recipient.
Every business is unique, even if there are patterns that resemble other businesses. Because of the distinctive character of each business, we customize and structure our payroll services to the needs of your particular organization.
Some of your employees may not have a checking or savings account, making it impossible to use direct deposit, or requiring them to pay additional fees to cash payroll checks. Our debit card services are a convenient solution.
Payroll accounting involves calculating employees’ earnings and withholdings, recording the results of those activities and preparing the required tax returns involved with payroll. Our payroll accountants also report to federal, state and local tax agencies.
Many payroll providers offer the types of services your employees expect. In addition to directly deposited checks with no errors, 401K deductions and tracking of various employee benefits are often part of the basic outsourced payroll services.
IRS regulations regarding payroll are notoriously complicated and hard to understand. When you work with a payroll services company like ours, we can take care of the legal requirements so you avoid problems (and often, costly penalties) due to late or incorrect filings.
In addition to taxes, social security income and Medicare, there can be other things that need to be deducted from paychecks. Trust us to keep track of those things, some of which include health insurance, retirement funds, loans or uniforms.
Have you ever noticed that all your payroll tasks seem to coincide with the busiest portions of the month? When you outsource your payroll tasks to us, you won’t have to scramble to meet your customer demand.
Using payroll debit cards can reduce costs. It eliminates the need to cut paper checks, and debit cards are safer for employees to carry and use than checks or cash. If the card is lost or stolen, it can be quickly replaced.
Did you know that paperless payroll systems can help to reduce identity theft? Because information on paperless payroll systems is not discarded, and cannot be accessed without authorization, there is no paper-trail evidence which can be vulnerable to identity thieves.
Employees’ responsibilities for payment that come out of their paychecks include federal income tax, state income tax (if it applies in their state), Medicare, social security and any other withholding that might apply. You have to take these out of paychecks.
Don't worry that having payroll records and services handled off-site means you will lose significant control over the payroll aspect of your operations. You can arrange for regular reports on payroll issues and even set up weekly video conferences if you'd like.
One of the major advantages to working with a payroll service is the professional result. Your employees will appreciate being able to count on a timely, accurate paycheck each month, and you won’t have to worry about things like IRS filings and payments being done on time and correctly.
It’s important to remember that not handling employee tax withholdings correctly can cause problems for them and your business at tax time. If you can’t afford to slip up when it counts most, it may be worthwhile to work with a payroll service.
Unless you are in full compliance with current tax laws and regulations, you face late fees, unknown liabilities, and unwanted penalties. As a professional payroll services, our staff is up to date on all changes to tax laws so that you do not have to make payments that can be avoided.
If any of your employees have garnishments for child support, alimony or bankruptcy, you may have to spend extra time cutting third party checks on payday. This is just one more way our service can save you time and effort.