Payroll on a schedule you can count on
Paying people accurately and on time is one of the most important things a business does. Payroll also creates tax responsibilities: withholding, deposits and filings. Our payroll support helps you run payroll consistently and keep it in sync with your books.
What payroll involves
The IRS explains in Understanding employment taxes that employers generally withhold federal income tax and the employee's share of Social Security and Medicare taxes, pay the employer's share, and pay federal unemployment tax. States may have their own requirements. Our article on employment taxes for new employers gives an overview.
How we help
- Payroll processing. Regular payroll runs on your schedule, using your payroll software or provider.
- New-hire support. Help gathering the information needed to add employees to payroll, such as Form W-4.
- Payroll records. Organized payroll registers and reports, kept for the retention periods the IRS describes.
- Bookkeeping integration. Gross wages, withholdings and employer taxes recorded correctly in your books each pay period.
Employees and contractors
Not everyone you pay belongs on payroll. Independent contractors are paid differently and reported on different forms. Our guide to employee vs. independent contractor explains how the IRS approaches classification.
Why combine payroll with bookkeeping
When payroll and bookkeeping are handled separately, mismatches between payroll reports and the books are common. Handling both together keeps wage expense, payroll tax liabilities and cash in agreement. See our bookkeeping services.
Get started
Book a free consultation to talk about your payroll needs, whether you are hiring your first employee or moving from another provider.