Why Outsource Payroll? Video |
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Michael Alter - President SurePayroll Time of Video: 1:13 Related Content Should I Outsource Payroll? Should I Hire Employees or Stick with Contractors? Where to Find the Best Job Candidates for Your Business |
This small business video minute focuses on the benefits of outsourcing payroll, and explains how a full-service payroll provider can save you time and money. Payroll regulations about taxes are tricky business. If you miss a tax deadline or file your returns incorrectly, it could spell bad payroll news for your business. This video explains how full-service payroll providers will handle all of your tax issues for you.
Video TranscriptWelcome to the SurePayroll minute. Welcome to the SurePayroll minute. I’m Michael Alter. By outsourcing to the right company, a small business owner can take advantage of someone else’s expertise, and save time and money. Outsourcing payroll allows you to spend more time on what you do best… running your business. Here’s how a full-service payroll solution saves you time: You won’t have to calculate wages and deductions, cut paychecks, or prepare all the mandatory forms like W-2s and 1099s. You won’t have to manage your quarterly tax returns.And, you won’t have to keep up with federal and state payroll regulations. A full-service payroll solution is like a safeguard against IRS fines.The payroll service manages your payroll taxes, and is responsible for ensuring taxes are paid on time and correctly.If you receive a tax notice, they’ll work with the IRS to resolve it. If you run payroll on your own and make a mistake, you could be left with costly tax penalties, as well as interest charges for late payments. For the simple answer to small business issues, I’m Michael Alter with your SurePayroll Minute. |
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