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There's more to managing small business payroll than writing checks and
handing them out to employees on time.
Avoid Tax Penalties
The IRS
has reported than 33% of employers have been charged for a payroll
mistake. Small
businesses pay an average penalty of $845 per year for late or incorrect
filings.
Given the ever-changing nature of tax regulations, it's easy to make an
error, and if
it's done incorrectly, your small business may face penalties and even
interest on money owed since the mistake was made.
Pieper Payroll Services takes responsibility for accurate, prompt tax
filing services at federal, state, and municipal levels. We serve as
your agent and respond to any tax inquiry on your behalf. In addition,
we are responsible for any fees or penalties due to our error.
Save Time
Whether it is your time, staff time, or a combination, chances are
those hours could be better spent on your business. Using a Pieper
Payroll Services will save you time. We take responsibility for
processing your payroll, cutting and distributing paychecks, calculating
and paying withholding and employment taxes, and preparing and
distributing W-2s and 1099s at year-end. All you have to do is report
the payroll.
Of course you shouldn’t have to spend a lot of time trying to get help
from your payroll company either. If you already use ADP, PayChex or
Ceridian you already know how hard it is to get help when you need it.
Pieper Payroll Services Clients don’t have to deal with a large call
centers and unresponsive staff. Our one to one customer service is
excellent, quick, and personal.
Save Money
if you are doing your payroll yourself it may be costing you more than
you think. Research indicates that a small business of 10 employees
spends $2,600 per year in direct labor costs associated with payroll.
But you will only save money if you use an affordable payroll service.
It is no
secret that ADP, PayChex and Ceridian are expensive and difficult to
work with. Clients that use Pieper Payroll Services report savings of
20-50% when compared to the national payroll services.
Offer Direct Deposit
Increasingly, small businesses recognize that employees want direct
deposit. Not having to make a trip to the bank is an important
convenience for them. Providing direct deposit is difficult if a company
doesn't use an outside payroll service. More importantly for business
owners, direct deposit eliminates time-consuming and error-prone paper
handling and the need to reconcile individual payroll checks every
month.
Business Continuity
What happens if your bookkeeper or controller gets a new job? They will
walk out the door with their knowledge of your payroll process, records,
and tax history. Using Pieper Payroll Services for your payroll
eliminates that risk and assures continuity of your payroll processes.
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