We can do your payroll, from writing checks with computer checks that will have year to date figures for your employee’s.  Or we can do the checks on plain paper and you write the checks at your office and the employee will still have a check stub with year to date figures. We can do what they call after the fact which means you write the checks and we input to our computer so that we can do your quarterly reports to Internal Revenue Service and State of Colorado Unemployment and withholding as well as have figures for use in doing Workers  Comp.

 Payroll and the filing of payroll tax reports and making payroll tax deposits are as important as doing your monthly books because this is one that can, will and has but a lot of business out of business because they did not make their payroll tax deposits of the employee’s withholding taxes and the employer share of Fica and Medicare taxes this is a very expenses items as Internal Revenue Service can and will charge you a 100% penalty for failing to do this.

 What I strongly recommend is that if you have over 5 employee’s is that you have a separate payroll from your general checking account where the payroll checks are written from and when payroll comes around you deposit into that account an amount that will include all federal and state taxes that have been withheld and also the amount needed to be paid for state and federal unemployment taxes as well as amount that are due for workers comp. Then that money does not get included in your general funds and the money is not spent for something else and the money is there when the payroll deposits are due. I also recommended that you make all your payroll deposits on a monthly basic so that you never get behind it is easier make out a smaller check rather than a big check and if you do the separate account for payroll the money is already there so you have no problem.

 We do not charge a large fee like a lot of company for this service and in most cases it is included in your monthly bookkeeping/accounting fee as well as the filing of all the quarterly reports. The only additional amount we are the cost of the W2’s plus the processing fee we are changed at the end of the year for e-filing the W2’s with the social security admin these fee are not very high and we only charge you what we are charged as well as you only pay for the W2’s what I pay for them. I don’t make a profit off of them.

We are a service business not a retail business.