Payroll

When it comes to paying employees, new laws and the IRS have made the payroll function a time-consuming nightmare for small business owners.

 

Small business owners spend an average of eight hours a month performing payroll functions. Over the course of a year, that’s twelve full workdays that could be better spent generating sales, prospecting new business opportunities, improving products or services, or servicing customers.

 

We offer payroll solutions to eliminate the burden and meet your business’s needs for accurate and reliable employee payment. By outsourcing payroll responsibilities, you can be free to do what you do best–run your company.

Why should you enlist the help of a payroll expert?

  • Reduce risk: Eliminate the risks of miscalculating and misfiling your own payroll taxes.
  • Eliminate delays and mistakes: Keep your employees happy with expertly prepared payroll checks delivered on time, every time, via direct deposit.
  • Focus on core competencies: Eliminate the need to hire specialized employees and free up your tax and accounting specialists to do what they do best.
  • Get comprehensive reports: Receive a variety of user-friendly payroll reports to help you review and understand your payroll and the tax ramifications thereon.
No matter what your accounting needs are,
we’d be delighted to serve you.

Payroll services are unique to individual business needs; one size does not fit all. We offer three custom payroll processing options so that you can find one that aligns best with your personal needs.

Comprehensive Payroll Services: This is full-service payroll processing. We take care of all the details so you don’t have to. Included in this option:

  • Prepared and direct deposited payroll checks, on-time, every time.
  • Worry-free IRS and state tax reporting, as well as EFTPS tax deposits.
  • User-friendly monthly, quarterly, and annual payroll tax reports (including W-2, W-3, and 1099 forms).
  • Electronic filing of all required federal and state tax returns and reports
  • Detailed reports on employee vacation, sick, and personal day accrual.
  • Creation and filing of required new hire reports.
  • Management of payroll records.
After-the-Fact Payroll Services: With this option, we take the payroll records that you have manually prepared, as well as other related information, and input it into our data files to give you:

 

  • Worry-free IRS and state tax reporting, as well as EFTPS tax deposits.
  • User-friendly monthly, quarterly, and annual payroll tax reports (including W-2, W-3, and 1099 forms).
  • Electronic filing of all required federal and state tax returns and reports
  • Detailed reports on employee vacation, sick, and personal day accrual.
  • Creation and filing of required new hire reports.
  • Management of payroll records.

Payroll Tax Reporting: This is the most “DIY” package where you personally process your own payroll and EFTPS tax deposit, and we handle the reporting.

 

  • Worry-free IRS and state tax reporting, as well as EFTPS tax deposits.
  • User-friendly monthly, quarterly, and annual payroll tax reports (including W-2, W-3, and 1099 forms).
  • Electronic filing of all required federal and state tax returns and reports.

Payroll Tax Problems

The IRS views the failure to pay payroll taxes as the cardinal sin of tax delinquency because a large portion of these taxes are employee withholding. In the eyes of the IRS, not paying your company’s payroll taxes is tantamount to stealing employee compensation.

 

As a result, penalties for this type of delinquency are much more severe than other types of penalties and can multiply exponentially in a very short time.

If you are behind on paying payroll taxes for your company, be aware that the IRS is extremely aggressive pursuing collection. They would rather seize and sell your business assets and put you out of business rather than allow you to continue amassing additional payroll tax liabilities.

 

If you are behind on your payroll taxes, DO NOT meet with the IRS on your own. Enlist the help of a professional representative who can expertly deal with IRS operations and ensure that your business stays in business.

 

We’d be happy to help you with payroll. Get in touch with us, and we’ll schedule a time to discuss your needs.

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