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Wednesday, February 24, 2016

Grow Your Company Simply by Outsourcing Payroll Services

The #1 way to grow your business
is to be more efficient
Your business is either growing or dying, regardless of what payroll services you are using. The facts are in the pudding too, that one of the number one ways to grow your business is by becoming more efficient. One of the most efficient things you can do is simply outsourcing your payroll services completely.

Depending on the size of your company, it will probably be far cheaper in the long run outsourcing payroll services than bringing it in house. I mean, think about that for a second. If you brought the payroll services in house, you now have an employee completely dedicated to this service costing you some hefty wages. Then again, if you divide an employee's time between profit producing activities and payroll services, now you are just throwing mud in your water. Distracting someone from profit producing activities is the #1 thing you do not want to do.

Which is what makes outsourcing your payroll services such a fantastic idea.

Here are some of things that an outsourced payroll service can do:
  • Handle direct deposit
  • Check printing
  • Withholding, time and attendance
Not to mention, outsourced payroll services are well versed in all related laws – local, state and federal tax laws and regulations. Even if you have the time and the resources to hire a full time staffer to do this job, you may still be better off outsourcing your payroll services. Since IRS penalties can be extremely strict and prohibitive of growing your business's revenues if you get dinged, this is in short just an easy (super cheap) way of covering your assets.



Call GBC Income Tax Services at 678-366-9232

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