Q: What are the benefits of outsourcing my
payroll?
A: There are several benefits:
Saving time
An average business owner can spend several hours
each pay period calculating the payroll and payroll
taxes, preparing the paychecks, distributing the
paychecks to the employees. Even more time is spent
each quarter preparing the quarterly and year-end
payroll tax forms. By outsourcing your payroll, you
can eliminate most of that time and use the time
more productively.
Saving money
By saving time you are saving money, especially
when that time can be better utilized to more
productive tasks. If you have someone in your
company preparing the payroll, it is a good bet the
amount of time spent on payroll tasks is vastly
underestimated. This time can usually be more
effectively re-allocated to other needs that have a
bigger payback to your company.
Eliminating penalties
Many companies get fined many hundreds of dollars
on an annual basis due to late payments of taxes or
late tax filings. And no wonder: paying your payroll
taxes late by just a few days can result in hundreds
of dollars of penalties. By outsourcing your payroll
to us, you can eliminate the worry of facing IRS
penalties.
Q: Do you handle the quarterly payroll forms?
A: Yes, that is part of our service. All quarterly
and annual payroll tax forms required to be filed
will be filed by us.
Q: If Complete Payroll makes an error in
filing, am I responsible for penalties?
A: If we make an error in payments of taxes and/or
filings, we will cover any IRS or state penalties
and interest due to an error on our part.
Q: Why should I choose Complete Payroll
over one of the larger, national chains?
A. First of all, we are a firm believer in
personalized, local service. You will have a payroll
representative assigned to your company and will be
your main point of contact; not a bank of
individuals who may not know you from the next
client.
Second, we are affiliated with a local CPA firm:
SMT & Associates. We will stay on top of all the
changing payroll tax laws. And if you get into a tax
penalty situation, which is best at dealing with IRS
problems: A CPA firm of course!
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