Payroll Services

For many employees, payroll is a great thing since it means you will be getting money deposited into your bank account. For employers, payroll can be one of the most frustrating things in the world. Due to the ever-changing payroll tax laws, you cans spend hours on payroll. With payroll, you will have to file quarterly taxes and complete local, state, and government reports correctly. The IRS is good at catching even the smallest of errors when it comes to payroll and they will make you pay a penalty.

Payroll is the most commonly outsourced business function in a small business. Your accountant is typically in charge of payroll, but when it gets to large for one person, it is wise to seek the assistance of a third-party. Online payroll services are growing rapidly and providing their customers with a great way to handle payroll and taxes without the headache of doing it manually. If you are looking for an online payroll provider, here are some companies who can help:

Intuit Online Payroll If you are like many small businesses, you are probably using QuickBooks. You can purchase the Intuit Online Payroll program to help you with your payroll needs. If your business doesn't currently use QuickBooks, you can still purchase the program to help you with your payroll. The Intuit Online Payroll program manages and pays employees, files proper local, state, and federal taxes, and provides W-2s for each employee. A great feature of the Intuit Online Payroll program is that it is easy to used and takes only a matter of minutes get started. Intuit will also send you e-mail reminders when the pay period ends as well as when it is time to file your quarterly and yearly taxes.

Another great benefit to the Intuit online payroll program is how fast it is. The minute you enter your payroll information, you can begin printing paychecks. When your taxes are ready to file, Intuit will generate the required reports and print them, you will just need to sign and mail the forms. You can purchase the Intuit Online Payroll program for $29.95 a month. Current QuickBooks users have the option of purchasing the Intuit Online Payroll program or they can utilize other payroll services offered through QuickBooks called "Enhanced Payroll" or "Assisted Payroll". Both services will provide you with tools that generate and fill out proper tax forms and handle your payroll taxes.

QuickBooks also offers another service called "time tracker". Time tracker is a great service for the small business owner that needs to keep detailed time records. Time trackers allows employees to input their hours into prepared time sheets on secured web pages. The hours will automatically be downloaded into QuickBooks in which the employer can review and make corrections to them. Once the data is correct, QuickBooks will automatically calculate the paycheck amount. Intuit's payroll program will help current users as it will eliminate the set-up time you would spend on another online payroll service provider by inputting each employee's information. The Enhanced Payroll service will cost you $299 a year and the Assisted Payroll service will cost $59 a month. Remember, once you transmit the payroll data to Intuit, it will file the federal and state payroll taxes and deposits as well as prepare your W-2s. This feature alone can save you not only time, but hundreds of dollars in tax preparation.

 Paychex Another great online payroll service is Paychex. Paychex has been around since 2001 and offers a simple solution to your complex payroll. Paychex offers solutions for human resources and payroll departments. Paychex is an ideal solution for a small or medium-sized business. The Paychex system allows you to submit your information over the phone, fax, or web by using an internet time sheet. Paychex also has software that you can install on your computer and manage and submit employee information to their secured site.

Paychex is able to process your payroll at the end of each pay period. It will automatically generate a report that summarizes your employees' earnings, tax liabilities, and department totals, and deposits. Paychex also includes an optional Taxpay service that will calculate, file and deposit your federal, state, and local payroll taxes. Paychex supports direct deposit and can split employee paychecks to be deposited in multiple accounts. If your employee doesn't have a bank account, Paychex can provide them with a Visa Card that allows them to obtain cash without having a bank account. If your paychecks need to be mailed, Paychex has a service called, Readychex. This service allows them to mail pre-signed checks.

Paychex offers a great solution to businesses with retirement benefits. Paychex will automatically calculate the 401(k) or Simple IRA deductions. The cost of Paychex varies upon the number of employees you have, how often they are paid, and the additional services you would need. The average price for a small business of less than 10 employees is about $36.24 a month.

ADP Run Automatic Data Processing has a great online payroll program called ADP Run. ADP Run is designed to support small to medium-sized businesses with easy accounting services that include payroll calculations and tax filing. One of the biggest selling points to ADP Run is how easy it is to use and its step-by-step help section. Each payday, ADP Run will generate a spreadsheet of your employees and the hours they worked. The employer can then review the spreadsheet and make changes to the spreadsheet. Once you have made your adjustments, ADP Run will automatically calculate the taxes and deductions.

ADP Run gives you the option of printing the paychecks and tax reports or it will automatically deliver them to the employees and to your local, state, and federal agencies. Similar to other online payroll providers, ADP Run will automatically send you reminders when it is time to file your taxes and issue your W-2s. A great feature with ADP Run is that it will automatically prepare the W-2s for you so all you need to do is print and mail them. ADP Run also allows you to file and pay your federal taxes electronically. All the state and local tax forms will be filled out with the proper information and printed for you to mail. ADP Run also includes direct deposit, and signing and stuffing of employee paychecks. You can purchase ADP Run for $29.99 a month.

 SurePayroll Another great solution to your payroll needs is SurePayroll. For about $45 a month, you can purchase this online payroll service to prepare your payroll and file your tax returns. One of the largest benefits of SurePayroll is that they will represent you in front of the IRS if any problems arise on your payroll or tax forms. SurePayroll calculates, files, and pays your federal, state, and local taxes. They also include a team of payroll professionals who are willing to work with the IRS on your behalf. SurePayroll is an excellent solution for small businesses who want control and flexibility over their payroll. With SurePayroll, you can access your payroll from any computer with internet access. Employees can even access their payroll information, paystubs, and W2s from any computer with the internet.

You have the option of direct deposit or self-print checks with SurePayroll. Many people prefer SurePayroll because it is easy to use and you can access it anywhere, anytime. SurePayroll also provides 24/7 online support and has trained payroll customer service representatives. You can have access to payroll reports in just minutes after you input your payroll information. SurePayroll will easily export this data into Microsoft Excel, Word, or in PDF format. Another great benefit to SurePayroll is their ability to calculate, deduct, file, and pay your federal, state, and local taxes. They also offer a guarantee against IRS fines. With SurePayroll, you will get up-to-date federal and state law labor posters, business forms, and new payroll information. The information you submit to SurePayroll is backed by harsh security measures including: PIN authorization, SSL web site, a secured call-in ID process that will authenticate your identity, and several other features.

XpressPayroll XpressPayroll is a service of CompuPay, an online payroll provider. XpressPayroll is specifically designed for small businesses that have one to five employees. XpressPayroll provides full-service tax filing, compliance and payment for payroll taxes, direct deposit services, online pay stub detail, W-2s, and check printing from your web site. XpressPayroll offers a compliance service for tax reporting, so you are protected from IRS penalties.

Similar to other online payroll services, you can log into a secured web site to access all of your payroll information. From this secured site, you can alter and print payroll data as well as checks for employees and other purposes. Your employees will be given a PIN to access their pay stub information online and they can track their past paycheck information. You can also create a general ledger with XpressPayroll and save this information in your online folder. This is a great payroll solution for a small business.