We compute your payroll tax liability for federal, state and local authorities; electronically transfer the amount from your bank account on or before the due date to the correct tax authority. Payroll Specialists also meets electronic filing requirements. Balancing of MTD/QTD/YTD deposits to liabilities to ensure all your payments are accurate
Payroll Specialists calculates and prepares all the appropriate monthly, quarterly and annual tax returns. We can either deliver these prepared forms signature ready for you to sign and mail or with appropriate assigned permission we can file for you and handle the entire burden.
W2’s will be prepared and mailed to each of your employees before January 31 each year. We will then prepare the W3 and submit W2 information by magnetic media or by digital upload to the Social Security Administration following their instructions.
It is our job to monitor for any new or changed payroll tax laws or requirements. We will maintain all forms, tax rates and payment schedules to assure compliance.
We will research and respond to all agency inquiries regarding payroll taxation. Any penalties or interest deemed by us as our oversight or negligence will be paid by us.