Payroll Tax Services
The best benefit of using a payroll service is the peace of mind that your taxes will be paid in a timely manner. You will no longer have to worry about late deposits or tax penalties, as we take full responsibility of meeting the reporting requirements of your federal, state, and local tax deposits, as well as file your quarterly and year-end returns. When you join our team, we automatically set your business up with EFTPS (Electronic Federal Tax Payment System) to electronically file your 940 & 941 taxes. You will never have the burden of tax penalties again. You now will have a Tax Advocate!
Federal Taxes include Federal Income Tax, Medicare, Social Security and Unemployment. After we calculate your taxes, they are electronically transmitted to the IRS and will be taken from your account on the due date. At the end of each quarter, we will file the quarterly 941 reports and annual 940 reports for you. Your payroll totals page will list all the taxes for your records.
State Taxes include State Income and Unemployment. Once these taxes are processed, a check is cut to be mailed by the due date. As with the federal taxes, all reports are filed to the appropriate agency.