Save money for your growing business by outsourcing payroll. |
And don’t forget expenses such as the cost of printing checks, computer software, training and support. Outsourcing your payroll functions will most likely save you money because your payroll provider will handle all of these things for you.
Many professional payroll providers offer packages for small employers starting as low as $50 per month.
Aside from the obvious tremendous time-save to your business, you will also be able to:
- Avoid IRS penalties.Penalties for errors, omissions or late payroll tax filings can be very costly. Many outsourced payroll providers will calculate payroll taxes, manage filings and payments and will assume the cost of penalties due to incorrect calculations or late payments so long as you provide the necessary information and funds on time. Keeping abreast of state, federal, local and industry-specific regulation changes can be at best a real challenge. A reputable outsourced payroll provider has a staff dedicated to keeping up to date on all of the changes that could affect your payroll, ensuring that you stay in compliance.
- Expand payment methods.
In addition to printing and shipping checks directly to your door, most payroll companies also offer the convenience and security of direct deposit services. Because pay is deposited directly into your employees’ accounts, having to put a stop payment on a lost paycheck and reissue it becomes a thing of the past. Many payroll providers also offer a paycard service for unbanked employees, usually at little or no cost to the employer. - Eliminate payroll pain and worry.
With the help of a professional payroll service provider, the hassle and pain often associated with processing payroll is gone! You provide the basic information, and your payroll company takes care of the rest. And with guarantees of error-free payroll and tax filings and payments, you can eliminate the worry that many experience when it comes to paying employees and taxes correctly and on time.
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READ MORE>> BizFilings.com: The Top 6 Advantages to Outsourcing Your Payroll
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