Small business owners that are sick and tired of dealing with their own payroll tax paperwork should take a serious look at the benefits of working with a company that specializes in customized payroll processing solutions. These days, over 85 percent of CPAs (certified public accountants) recommend that small business owners employ the expertise of experts in payroll accounting and payroll tax paperwork. An online payroll services company could provide a secure and simple way for any type of company to submit their payroll.
Payroll tax processing can be very complex. Small business owners are typically responsible for totaling employee hours, calculating gross to net pay, depositing payroll taxes, and filing tax returns on time after they have been accurately filled out. By outsourcing to a company of payroll tax specialists, business owners can ensure compliance while also saving themselves time and money.
The ideal payroll processing firm could also help their clients when it comes to administering 401(k) plans, which can be very time consuming and complex. When this task is integrated with payroll processing, costly errors could be avoided by an experienced third party vendor. The ideal payroll company could also provide their clients with a mobile app, which will allow them to view their payroll, benefits and other important services. This app could be used with an Android, iOS or Blackberry mobile device. Find more on this topic here.