When faced with the question of whether or not to outsource payroll, more businesses are learning the benefits of outsourcing. Our clients have found the advantage when we (or another vendor) prepare their payroll for the following reasons:
(1) Save time – Payroll is more than just writing a paycheck. It includes calculating net pay, preparing quarterly and annual payroll tax returns, filing the W2’s and assisting owners &/or employees with questions.
(2) Prevent penalties & interest – Complying with the tax laws and employment regulations can be difficult and easily overlooked. It is unreasonable to expect an employee of a business to keep up on tax codes and still have time to perform their normal duties.
(3) Avoid pain & free up time – The time and pain we save our clients to prepare payroll far outweighs the costs. Business owners free up their time and energy to run their business.
For more reasons to why you may benefit from outsourcing payroll, read “8 Benefits of Outsourcing Payroll” Here. PLEASE NOTE — this is not an endorsement of the firm in question, merely a reference to their article. For a referral to a good local payroll service, give us a call!