Payroll Services
Payroll Services
Small business owners need to be able to concentrate their time on developing new clients rather than performing payroll functions. According to a 2011 survey by the National Association of Small Businesses, business owners spent more than 5 hours per month on administration of payroll. That's almost 8 days each year that could be spent generating sales, developing new business opportunities, or servicing clients.
At Nabors CPA Services, P.C.'s we can help you reduce the time spent on administration through developing and implementing a computerized payroll system that will facilitate processing, timely payment of taxes, and preparation of tax returns. We offer payroll solutions tailored to your business, allowing you to spend time running your company.
Laws and regulations along with IRS reporting requirements can make the payroll function time consuming and a headache for even the most meticulous and experienced professionals.
Companies often process payroll internally because of the following reasons:
Plus, it is easy to make mistakes without a sound knowledge of payroll procedure and payroll software. Employees, federal, state, and local tax collection agencies all have to be paid on time, and proper reporting is essential in avoiding late payments and penalties.
At Nabors CPA Services, P. C. we offer the following basic services:
At Nabors CPA Services, P.C.'s we can help you reduce the time spent on administration through developing and implementing a computerized payroll system that will facilitate processing, timely payment of taxes, and preparation of tax returns. We offer payroll solutions tailored to your business, allowing you to spend time running your company.
Laws and regulations along with IRS reporting requirements can make the payroll function time consuming and a headache for even the most meticulous and experienced professionals.
Companies often process payroll internally because of the following reasons:
- They believe processing payroll internally is more cost-effective.
- They are hesitant to release wage information.
- They want to have flexibility in the timing of payroll cycles and to make last-minute changes.
- Small firms with straightforward needs and a stable, salaried staff may well be better off processing internally. It can be more convenient and efficient, but many discover it's not all that cheap when considering the time spent on payroll processing.
Plus, it is easy to make mistakes without a sound knowledge of payroll procedure and payroll software. Employees, federal, state, and local tax collection agencies all have to be paid on time, and proper reporting is essential in avoiding late payments and penalties.
At Nabors CPA Services, P. C. we offer the following basic services:
- Calculating payroll and tax obligations for each employee.
- Printing and delivering checks.
- Providing management reports.
- Issue paychecks weekly, bi-weekly, monthly, semi-monthly or yearly.
- Direct deposit of checks.
- Issue W-2 / W-3 forms.