Three Reasons Your Small Business Needs to Outsource Its Payroll

Written by Wall Street News on January 30th, 2014. Posted in Canadian payroll, Payroll processing service, What is payroll services

Payroll provider

Managing the payroll of your small business can be a pretty big challenge. In-house payroll is tasked with such responsibilities as totaling employees’ hours, performing gross-to-net calculations for each of them, calculating and depositing payroll taxes, and then preparing and filing tax returns accurately and on time. It’s a complex, risky, expensive endeavor, since even just a small mistake can result in costly state and federal penalties.

Of course, you can always outsource to payroll services providers. These companies offer smart payroll solutions that simplify everything, providing small businesses with a single report to approve, and a