Who knew paying people would be so difficult. First you have to decide if the person is an employee or a contractor. Based on IRS laws, you make that identification and that tells you what is the required reporting to the government agencies.
Independent contractors are issued 1099s by your company by January 31 of the following year. The associated 1096 is e-filed with the IRS. We will be glad to provide this service.
Employees on the other hand receive W2s from your company by January 31 of the following year.
We refer to payroll as employees. When you have W2 employees you are required to file quarterly reports with government agencies 4 times a year (minimum). You are required to withhold dollars from your employees pay and submit it to the government agencies. The frequencies of the submission of the withholdings is based on the size of your companies payroll, Needless to say it is a complicated process.
If you and our firm decide we have a good fit and you want payroll services, we will need to know the number of employees, the payment frequencies and how the pay is computed. With this information we can give you a quote for services.
We will customize your quote based on the service you require.