Payroll Processing

We offer payroll processing services for employers who need someone to take over the time-consuming responsibilities of calculating total wage earnings, withholding deductions, filing payroll taxes, and delivering payment, all while complying with payroll regulations.

An effective payroll will show precise records of hours worked each day and each week, wages paid, worker classifications, and other details to avoid any tax penalties, such as:

• The basis on which employee wages were paid
• Regular hourly pay rate
• Total overtime for the workweek
• Date of payment and the period covered
• Total wages paid each period

In addition to complying with federal regulations under the IRS, the Department of Labor (DOL), and the Fair Labor Standards Act (FLSA), your payroll must also abide by state payroll processing laws, which can become difficult if you do business in multiple states. We can make sure you stay compliant.

Before processing payroll, employers generally need these documents from employees:

• Form W-4, Employee’s Withholding Certificate
• Form W-9, Request for Taxpayer Identification Number and Certification
• Form I-9, Employment Eligibility Verification
• Job application
• Bank information
• Medical insurance forms
• Retirement plan documents

Payroll cycles are typically biweekly, but they can also be weekly or semimonthly. Regardless, minimum standards must apply to your payroll schedule. We can also discuss other payroll preferences you may have, including your wage structure and how you want to issue paychecks (printed, direct deposit, or pay cards).

If you would like to sit down with us to discuss how we can help you with your tax and accounting needs, contact us for a free consultation.