If you run a small business, you spend the majority of your time making sure your company is profitable and growing. Managing payroll on your own or even sending pay data to your accountant takes valuable time away from your daily operations. Working with a payroll provider can free you up to run your business while helping ensure that all of your payroll needs are properly handled.
In addition, some leading payroll providers offer features like employee self-service, mobile access, integration with time and attendance, and electronic pay options that can take your payroll from a basic administrative function to a value-added employee experience.
So, what do you get with a payroll service provider? Here are some of the core payroll features and services you should expect and look for when evaluating payroll vendors.
Payroll processing
Payroll calculations Delivery of employee pay
Payment options: Paper checks, direct deposit and mobile payment
24/7 access to payroll support specialists
Taxes
Tax withholding and payment Wage garnishment processing
Time and attendance
Integration of time and attendance tools with the payroll system to automatically share employee data
Paid time off (PTO) tracking, including vacation time, medical/parental leave, sick days and personal days
Compliance
Easy access to and filing of Forms W-2, 941, W-9
Notifications about regulatory changes in wage and tax law
Hiring
New hire reporting
Support for I-9 and W-4 paperwork
Online employee self-service
Employee access to pay stubs
Employee management of personal data and tax withholdings
Benefits elections and management
At Plainfield Accounting & Tax LTD, we understand that running a business is hard work. That's why we offer a range of accounting services designed to make your life easier. From tax preparation to financial reporting, we've got you covered. Our team of professionals has years of experience helping businesses