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| Payroll - For Small Business
We provide customized services to the
small business owner. Offering complete and after-the-fact payroll service, our
goal is to help alleviate the anxiety often associated with payroll, giving you
more time and energy to devote to your business.
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We
provide the following:
- Payroll Processing - Live or After-the-Fact
- Compensation Consulting (Structure & Maintenance)
- Payroll System Set Up & Reviews
- Quarterly/Monthly Payroll Tax Returns - Federal
- Quarterly/Monthly Payroll Tax Returns - State
- Quarterly/Monthly Payroll Tax Returns - Local
- Software Selection
- Preparation of 1099's
- Preparation of W-2's
- Assist with Time Card/Clock Processing
- Assist with Electronic Data Transfer
- Multi-State Tax Reporting
- Reconciliation of Year End Payroll
- EFTPS - Electronic Tax Transfers
- Employee earnings statements complete with current pay period and
year-to-date wages, taxes, and adjustments.
- Employee earnings statements complete with current pay period and
year-to-date wages, taxes, and adjustments.
- Report of funds needed to cover payroll expenses and tax liabilities.
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When it comes to paying employees, laws and
the IRS have made the payroll function a time consuming
nightmare for the small business owner.
Small business owners spend an average of eight hours a month
performing payroll functions. That's 12 full days a year that
could be spent generating sales, prospecting new business
opportunities, improving products or services, or servicing
customers |
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| We offer payroll solutions
that meet your business's needs and enable you to spend time
doing what you do best--running your company. |
Why Outsource Your Payroll... |
- It's Cost Effective
Use your staff more efficiently by letting us handle payroll
and the associated legal details. Reduce overhead by
removing the need to hire specialized employees.
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- It's a Time Saver
Our payroll service eliminates the burden of customizing,
updating and maintaining your own payroll system--no more
data entry, no more researching updates or new laws, no more
worries
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- Worry Free Payroll
Tax Filing
Eliminate the risks of calculating and filing your own
payroll taxes by having professionals do it for you.
Federal, state and local payroll tax laws are frequently
changing and becoming more complex. How much time do you
want to spend learning all the rules and keeping your
information up to date?
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- Allows You To Focus
On Core Competencies
Our professional staff allow you to focus on the core
competencies of your business. We are accounting
professionals--you get the experts working for you and with
you.
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- Comprehensive
Reports
You get a wide variety of user-friendly and accurate payroll
reports. For a nominal fee, we will include union reports,
certified payroll, workers' compensation reports and much
more.
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Get the Payroll
Solution That Best Fits Your Needs.
We know that when it comes to payroll service - no one size fits
all. That's why we offer the following 3 custom payroll
processing options |
1. Comprehensive Payroll Services
Our Comprehensive Payroll Service takes care of all of the
payroll processing for you, so that you won't have to. You
get... |
- Your payroll checks
prepared and printed on-time, every-time
- All of your payroll
checks are laser printed on "blank" check stock to ensure
maximum security and meet the micro encoding standards as
set forth by the Federal Reserve System
- Worry Free IRS and
State tax reporting as well as EFTPS tax deposits
- User friendly, and
easy to understand monthly, quarterly, and annual payroll
tax reports, including W-2, W-3 and 1099 forms
- Detailed reports on
your employee's vacation, sick days, and personal days
accruals
- Creation and filing of
the required new hire reports
- Your payroll records
maintained in tip top shape
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2.
After-the-Fact-Payroll Services
We will take your manually-prepared payroll records and other
payroll information and post this information to our data files,
so you get... |
- Worry Free IRS and
State tax reporting as well as EFTPS tax deposits
- User friendly, and
easy to understand monthly, quarterly, and annual payroll
tax reports, including W-2, W-3 and 1099 forms
- Detailed reports on
your employee's vacation, sick days, and personal days
accruals
- Creation and filing of
the required new hire reports
- Your payroll records
maintained in tip top shape
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Custom Payroll Reports
Service
There seems to be an endless amount of special reports
Government agencies require. We can prepare the following
reports for you: |
- Worker's Compensation
Audits
- Unemployment Claims
- Social Security Audits
- Child Support Audits
- W-2 and W-3 processing
- 1099 and 1096
processing
- Preparation/assistance
with Federal and State registration forms
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How much do we charge?
In order to give you an accurate price for our payroll services
we need to know a little more about your business and what
services you're interested in. Our prices are very affordable,
and generally are much less than the business preparing their
payroll & reports in-house. |
Understanding Form W-2, Wage and Tax Statement |
Form W-2 reports wages earned and taxes paid
You will need to report all wages you earned from your job or
jobs during the year. Your employers are required to provide you
with Form W-2, Wage and Tax Statement. Form W-2 must be mailed
out or hand-delivered to you no later than January 31st.
- Gather all your W-2 statements from each
job you worked during the year.
- Look in Box 1 of the W-2. This is your
total wages. Using a calculator, add up the
Box 1 amounts from every W2.
- Put the total figure on Form 1040 Line
7, Form 1040A Line 7, or Form 1040EZ Line 1.
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What if I Haven't Received My W-2?
If you have not received your Form W-2 by
mid-February, then ask your employer if they
mailed out the Form W-2. Ask for a copy of your
Form W2. Sometimes, employers will charge a
nominal fee for providing you with an additional
copy of your W-2. This is to prevent situations
where employees simply lose or forget where they
put their Form W2.
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Some Information on My W-2 is Wrong.
How Do I Correct It?
You should ask your employer to correct any
wrong information on your Form W-2. Examples
of wrong information would be an incorrect
Social Security Number, incorrect name, or
incorrect wages. According to the
IRS Instructions for Form W-2,
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| Corrections. If your name, SSN, or
address is incorrect, correct Copies B, C, and 2
and ask your employer to correct your employment
record. Be sure to ask the employer to file Form
W-2c, Corrected Wage and Tax Statement, with the
Social Security Administration (SSA) to correct
any name, SSN, or money amount error reported to
the SSA on Form W-2. If your name and SSN are
correct but are not the same as shown on your
social security card, you should ask for a new
card at any SSA office or call 1-800-772-1213. |
What if My Employer Refuses to Give Me My
Form W-2?
This happens very rarely. If the company is
still in existence, you should politely demand a
copy of your Form W-2. If the company charges a
nominal fee for processing your request, it
might be easier just to pay the fee and get your
tax documents.
If your employer still refuses to give you
Form W-2, call the IRS at 1-800-829-1040.
The IRS advises that you should have the
following information ready:
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- The employer's name and complete
address, including zip code, the
employer’s identification number (if
known), and telephone number,
- Your name and address, including
zip code, Social Security number,
and telephone number; and
- An estimate of the wages you
earned, the federal income tax
withheld, and the dates you began
and ended employment. (From
Missing Your Form W-2)
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