Do I Need To Be
Running Payroll
Do I Need To Be
Running Payroll
Starting a business can be an exciting and fulfilling experience, but it also comes with many challenges, including payroll management. As a business owner, you don’t want to be hit with a large tax bill come tax season because you didn’t pay taxes throughout the year. Additionally, it can be time-consuming and challenging to calculate how much you paid your employees over the year when it’s time to issue out their 1099 forms for tax purposes.
Implementing a payroll system can help you avoid these issues. By paying your taxes throughout the year, you can avoid large lump sum payments during tax season. Additionally, having a payroll system can offer other benefits such as:
- Employee Benefits – Offering health insurance and retirement accounts like 401(k)s can help you attract and retain high-quality employees.
- Time and Attendance – Keeping track of employee timecards is crucial to monitor performance, and poor attendance can be grounds for dismissal.
- Insights and Reporting – Tracking your workforce costs can help you make informed business decisions and stay profitable.
With so many tasks involved in running a business, having a payroll system in place can save you time and money in the long run. It’s a critical investment for your business that can help you streamline operations and stay on top of your finances.
What can We Do for You
What can We Do for You
- Calculating and filing payroll taxes
- Filling out forms for new hires
- Determining Deductions
- Paying employees (including yourself!)
- Withholding taxes
- Filing end-of-year taxes
- Helping you avoid the most common payroll-related mistakes
- Sending you alerts when you have tax deadlines to meet
- Preparing W-2s and 1099s
- General management of your employee records
- Consultations to develop your Payroll
Contact Us
Contact Us
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