If you’re not outsourcing payroll then it’s time you reconsider…
Does your business have fewer than 25-30 employees? If the answer is yes, then outsourcing your payroll operations could save you a lot of money! Find out why outsourcing may be the right choice for you and your company.
3 Reasons why you should be outsourcing payroll:
Most small businesses start out with in-house payroll processing, usually because of the following reasons: 1. they are protective of their information and 2. they like to maintain control of their company & any changes that may need to be made at the last minute. While that is understandable if you find a trustworthy accounting firm that offers payroll services you may be able to reduce your overhead costs by removing the need to hire an in-house employee.
2. Save Time
If you are currently handling your payroll in-house or hiring an employee to do it, you know how time-consuming this task can be every time each pay period comes around.
Outsourcing payroll will save you and your business time! Your employees time will be better spent focusing on other areas instead of trying to calculate pay, deductions, etc.
3. Stay up-to-date
Federal, State, and local tax laws are always changing, reduce the risk of being uninformed or spending countless hours learning all of the rules of payroll by outsourcing your payroll to informed professionals.
Managing and administering a successful and correct payroll system is not always a feasible task for companies so our professionals at Monique Troncone, C.P.A., P.A. can help you make sure that your company has a payroll management system that suits you and your business. We can make sure that your payroll system follows all the regulations set by the IRS and State so that you don’t have to.