The payroll process is a tedious one, requiring accurate record keeping, timely check disbursal and compliance with applicable laws. Key challenges in the payrolling process include:

Significant time consuming: According to Business Week, "processing your own payroll requires 54 steps and eats up between 40 to 60 hours each year, even for two-employee companies." Calculating payroll amounts and deductions is a detailed, time-consuming process, and employer mistakes in payroll processing are unfortunately easy to make.

Expenses: Self-processed payroll can be surprisingly expensive. Business Week reports that "each year, 40% of small businesses pay the IRS an average penalty of $845 for improperly filing their payroll taxes." In addition, companies overpay federal and state insurance for unemployment by over a million dollars per year, creating a significant negative impact on a company's bottom line.

The Advantages of Outsourcing

Timesavings: Employers who use payroll outsourcing services have far less paperwork and spend just a few hours on payroll each year, unlike the estimated 60 hours most employers spend. This frees up an employer's time to focus on the actual business.

Cost reduction: Payrolling is typically the first service that businesses consider outsourcing - often at the advice of their accountants. Using a payroll processing service typically costs a great deal less than hiring an additional employee to handle payroll. As you know, "Time is money: if the person who handles payroll spends 60 hours processing payroll each year, [a significant portion] of his or her salary goes toward managing payroll. If the business owner processes payroll, the cost may be two to three times that amount."

Our Services

1. Every pay period, we will compute the payroll taxes, notify you of the amount on your Tax Liability report (included with each payroll), and deduct the tax liabilities from your account.
2. Every deposit period, we will submit to you all list of payments for federal withholding and unemployment, state withholding and unemployment, social security, Medicare, disability and local payroll taxes (if applicable) which are due.
3. Preparation of federal, state, and local tax returns on a quarterly and annual basis.

Once you are set up, just tell us how many hours each employee worked. We will calculate your payroll, including the deductions and withholdings for all relevant tax jurisdictions. You will receive professionally printed checks, pay vouchers, and reports - all delivered to your door and ready for payday. Or print your own checks with our Internet payroll service.

You can submit employee information to us the way that suits you best:

• by Phone
• by Fax
• from your PC with ADP software
• over the Internet on our secure website

CPAs and Accounting Firms can contact us for availing the following services:

1. Weekly Payroll processing and check printing on client's printers
2. Form W-2s
3. Form W-3 
4. Form 940 & 941s
5. SUTA Returns (including preparing & filing over internet) 

The Tax Filing Service makes it easier to control the financial aspects of your company and gives you the piece of mind knowing that you no longer have to worry about meeting the filing deadlines.