That’s great! Our software exports data directly to QuickBooks and several other account packages.
Payroll is service and/or software that processes payroll for a company. When you process payroll with Payroll Resources, we’ll compute your employees’ gross pay, withholdings, and net pay; create paychecks and manage direct deposit; prepare payroll reports; and prepare payroll tax returns.
Payroll taxes are imposed on employers or employees by the federal government, and are usually a percentage of the salaries paid to staff. Payroll Resources will calculate and file your payroll taxes for you, respond to inquiries from the IRS, and pay the fine if an error ever occurs on our watch.
Outsourcing takes away the burden of handling tax deposits and filing accurate tax returns, making it the top reason to outsource. Smart business owners understand that time spent on non-core tasks is time away from customer interactions, seeking new business, employee training, and finding cost savings. In essence, outsourcing payroll provides more time to concentrate on running your main business.
The process depends on the level of sophistication and control you prefer. You can relay the amounts to pay your staff via phone, fax, or email, or enter the information into a secure internet site. From there, we handle the rest—calculating precise net pay, printing and delivering checks and reports, facilitating the debiting of tax funds from your account to pay the Feds and States, and filing the necessary tax returns. At the end of the year, we also manage all the W2 responsibilities.
Payroll providers like Payroll Resources will automatically run your payroll, handle payroll taxes, file tax reports, and deduct money for retirement accounts online using state-of-the-art web-based software.
Direct deposit automatically deposits funds electronically into an employee’s bank account. Direct deposit with Payroll Resources is more convenient and faster to process than signing and mailing paper checks.
That’s great! Our software exports data directly to QuickBooks and several other account packages.
At the end of the year we will prepare, print and ship W2s for all employees that have been paid since January 1st.
Yes. In addition to regular W2 employees you can also make direct payments to 1099 contractors. Direct deposit and live checks are both available payment methods.
Yes, you can make all the changes you’d like. Outsourcing your payroll does not mean you give up control. We give you the tools to maintain the control of running payroll in house while outsourcing the work and liability.
Absolutely, simply provide us documentation on your plans and we will incorporate the calculation and tracking of accrued and taken PTO time each pay period.
We’re happy to give you a free estimate. Call or email us today.