We know payroll tax regulations—so you don’t have to.
Payroll taxes are mandatory, complex, and have ever-changing federal, state and local regulations. Payroll Systems will calculate, deposit, and file your payroll taxes and even interface with IRS and State agencies on your behalf.
Our payroll tax services make it easy for you to focus on your workforce, while we handle the tax agency details:
- Automatic electronic filings and deposits, for all deposit schedules—next day, semiweekly, monthly, or quarterly
- Filing of quarterly IRS Form 941 and State Unemployment returns
- Annual filing of IRS Form 940
- State deposit and tax filing to all 50 states and local jurisdictions
- IRS and state agency notice resolution
- Transmission of W-2 and W-3 information to Social Security Administration
- Pre-end-of-year W-2 reports, so you can review and update information before W-2s are issued
- On-time end of year FUTA Credit Reduction calculations and payments
- Processing and transmission of 1099 forms
- Amended returns and recalculations of W-2s for retroactive adjustments when needed
Did you convert to Payroll Systems mid-year?
Your employees will still only receive one W-2 and we file your IRS Form 940.
If you process your payroll on time, we pay and file your payroll taxes on time, guaranteed.
What is ACA?
The Affordable Care Act (ACA)—also known by its unofficial name, ObamaCare—is the US health reform legislation signed into law by President Barack Obama in March of 2010. The law contains hundreds of provisions that address different aspects of healthcare, and for employers impacts payroll reporting, benefits management, human resources, requiring mandatory IRS reporting and continuous monitoring of informational updates.
Does the ACA apply to your business?
If your business has 50 or more full-time employees and equivalents (FTEs), then you are subject to Employer Shared Responsibility provisions including:
- Filing annual information returns
- Reporting aggregated health care costs on employee W-2s if issued 250 or more W-2s the previous year