Small Business Payroll Services
Ensure your payroll accuracy and compliance. Easy, Quick, Affordable price.
Easy 3 Steps
Contact Us
Schedule a free consultation and tell us your business needs.
Speak to Expert
Our specialist recommends solutions for your business, tailored to your state, and unique situation.
Leave Everything to Us
We’ll take care of your payroll, so you can take care of your business.
Why Us?
There is more involved in payroll than just send a check to your employees on the pay day. Business needs to report Form 941, Form 940, Form W-2, Form W-3, and State withholdings & UI reports. We have a professional team to offer a comprehensive solution for your business.
Compliance
Ensure your payroll taxes - including Forms 940, 941, 1099, and W2 are prepared and filed correctly.
Flat Pricing, No Hidden Fees
Our pricing model means no hidden fees and no unpleasant invoice surprises.
Payroll Specialist
Our specialist will make sure you are staying compliant, and your employees get paid. All your records are in order.
State ID Registration
We will obtain important state identification pertaining to unemployment and withholding.
There is more involved in payroll than just sending a check to your employees and issue form 1099 and W-2 at the end of the year.
Payroll taxes include two types: employee-paid taxes and employer-paid taxes.
- Employee-paid taxes: These are the taxes an employer withholds from employees’ paychecks to remit to the tax departments on the employees’ behalf, which include federal, state, and local payroll taxes.
- Employer-paid taxes: These are the taxes an employer pays to the tax departments out of the employer’s own revenue, such as: 50% of FICA taxes and unemployment taxes.
- Federal Income Tax: This tax is based on a percentage of an employee’s gross income less benefit deductions. Employees are solely responsible for paying federal income tax.
- FICA – Social Security Tax: The tax rate is 6.2% and the employer must match the same amount that its employees pay with money from its own revenue.
- FICA – Medicare Tax: The tax rate is 1.45% and the employer must match the same amount that its employees pay with money from its own revenue.
- FUTA Tax: FUTA stands for the Federal Unemployment Tax Act. Employers are 100% responsible for paying this federal tax.
- State & Local Income Tax: Employees are solely responsible for paying state & local income tax. Must states collect income tax from workers, but the following states are excepted: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming.
- SUTA Tax: This is a state tax that only employer pay which used for unemployment insurance.
Note: Business is not responsible for handing payroll taxes for independent contractors.
Tax Payments & Reporting
In general, you must deposit federal income tax withheld and both the employer and employee social security and Medicare taxes. There are two deposit schedules, monthly and semi-weekly.
Under the monthly deposit schedule, deposit employment taxes on payments made during a month by the 15th day of the following month. Under the semiweekly deposit schedule, deposit employment taxes for payments made on Wednesday, Thursday, and/or Friday by the following Wednesday. Deposit taxes for payments made on Saturday, Sunday, Monday, and/or Tuesday by the following Friday.
Must small businesses report payroll taxes to tax departments on quarterly basis.
Employee Pay Schedule
Payroll schedule establishes how often a business pays its employees. Four most common types are weekly, biweekly, bimonthly and monthly. Must states do not have regulation when an employer is required to pay its employees, but some states have such limitations. For example, New York requires manual workers should be paid on a weekly basis.