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It's no surprise that running a business is difficult. And staying up to date with all the latest payroll intricacies and tax news in the midst of trying to complete everything on your to-do list is next to impossible. Help take some of the stress off your shoulders by choosing a payroll provider. These companies offer plans and services to provide you with all the payroll help your business needs.
After providing the initial tax information and pay information, payroll providers take on the responsibility of calculating how much everyone should be paid every pay period and providing pay stubs. They figure in all tax withholdings, benefit information, and any potential wage garnishments for each employee. You can choose for these payments to be made through direct deposit or by providing paper checks to your company.
Let your HR team focus on other tasks by giving your employees the autonomy they need to find answers to their common questions. Your payroll provider can provide your company with an employee self-serve system that lets them access past pay stubs, PTO balances, and tax forms they've submitted, either at home or at work.
Your payroll provider will make sure you never have to worry about missing deadlines or filing incorrectly ever again. It's their job to stay ahead of any industry and legislation changes, and they'll be sure to correctly fill out and file all tax paperwork on behalf of your business.
You no longer have to manage the complexity and confusion of ACA requirements on your own. From 1094/1095 compliance reporting to ACA eligibility analysis reporting, your payroll provider will be able to make sure your business is properly traversing the ACA minefield.
Often a payroll system can be integrated with timekeeping and HR systems. Simplify your process while saving time and money with accurate programs that help make your day easier.
These only touch on a few of the benefits that come with choosing a payroll provider. Take advantage of these services, and more, by giving Future Systems a call. A member of our knowledgeable team would love to speak with you about your payroll needs.