Working on payroll tax paperwork can be a nightmare, even for the small business owner that has been at it for a while. The slightest payroll accounting mistake can lead to harsh penalties. Over eight million of them are handed out each year by the IRS because of incorrect or delinquent remittance of ones federal payroll taxes. In order to make sure that payroll processing goes smoothly, it helps to outsource to a company that specializes in payroll tax procedures.
The ideal payroll services provider will have the experience of handling the payroll, benefits and HR of over 500,000 small businesses. A business like that could provide their clients with a number of tools, such as an automated time and attendance system that will may labor law compliance incredibly easy. Next could be tools that allow for easier employee access, such as an automated telephone system and a web portal.
Lastly, the ideal payroll tax professionals could provide their clients with Employee Payroll Access Online, which could enable a small or medium sized businesses employees to access their pay stubs, W2 forms and payroll and personal information. Giving them this kind of access could take a ton off of the shoulders of the employer. More: www.paychex.com