
We Make it Simple
One of the biggest challenges small businesses face is the proper documentation
of their business expenses. Hiring employees is a business expense that
requires complete documentation. What taxes need to be paid? What forms
need to be filed with the IRS? Our payroll services keep you compliant.
We work with you to determine employee withholdings. We send you monthly
checks with YTD information on what taxes have been paid. We prepare your
940 and 941 forms so all you have to do is review, sign and send them
to the IRS with a check.
Let’s say you decide to hire your spouse and children to work in
your business. You haven’t had employees before and are not sure
what to do. The big worry is, “What if I do this wrong and the IRS
audits my business? Maybe hiring my family isn’t worth the risk.” Many
small businesses with which we have worked were having their family help
them in their business, but not paying them for their time because of
fear of doing it incorrectly. The sad thing is, properly documented Payroll
can be one of the best deductions your business has.
Start taking advantage of this tremendous tax deduction for small business
owners today by subscribing to our monthly Payroll
Services. You will also gain access to our Tax Coaches and our array
of Teamworks services.
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