Whether you have one employee or hundreds, you must follow the formal procedures that go into paying them. You can perform these payroll tasks yourself, or you can outsource the process by turning it over to a professional payroll service. It’s very important to remember that you, as the business owner, are responsible for everything payroll related.
The multiple filing and due dates can be difficult to calculate and remember. Employers are required to make federal payroll tax payments to the government, as well as filing the proper reporting and informational returns. Employers must also provide employees and contractors with W-2 and 1099 reports explaining the compensation paid and withholding amounts. Texas has requirements as well. The rules can be complex and penalties for noncompliance severe, which is why the administration of payroll tax responsibilities is often outsourced by small businesses.
We can take away your payroll tax worries and keep you compliant with the laws. We electronically pay your payroll taxes and file your payroll tax returns on time, every time and with no additional fees (unlike many payroll providers). Copies of your quarterly returns are sent using a secure electronic method for your records.
A mistake on a paycheck can cause immediate problems for both you and the employee. Some families live paycheck to paycheck. If you make a payroll error, we will help you remedy the situation right away at no charge.