Customized payroll services for your business.
Jason A. Smith, CPA will produce a customized payroll service process that will meet the specific needs of your business, small or large, within any industry, that can be delivered at a reasonable cost. Our payroll service supports a variety of pay types and payment schedules, and includes electronic submittal of tax payments and preparation of quarterly and annual tax filings. Our payroll service will meet all due dates for payments and reporting and will address any needed correspondence with Federal and state agencies. Finally, we can provide personalized professional advice on any payroll matters or strategies.
Payroll processing is a labor-intensive, tedious and potentially risky business operation. Keeping track of benefit deductions, garnishments, new hires and terminations, paid time off as well as Federal and state regulation changes can be frustrating. Each year significant labor hours are spent filing quarterly returns, preparing W2s and ensuring that they are sent out timely. Spending as few as 12 hours a month performing payroll functions adds up to 18 full days a year that could be spent generating sales, prospecting new business opportunities, improving products or services or servicing customers.
I would highly recommend Jason Smith to anyone looking for an excellent accountant. He stays informed on all the changes and updates to the tax code. Jason and his support staff are very professional and do an outstanding job on our taxes. We have been loyal clients for over a decade and couldn’t be more pleased!
Martha Freshly
Vice President
Freshley Media
According to the IRS, 40 percent of small businesses pay an average penalty of $845 each per year for late or incorrect filings and payments. Penalties for errors, omissions or late payroll tax filings can be very costly. Payroll mistakes are painful, angering employees and potentially sending up red flags to governmental agencies. Small business owners aren’t experts in government tax regulations, but they are legally responsible for any cases of misrepresentation or a failure to accurately report employment taxes to Federal and state government agencies. Add to that the complexity of tax laws and reporting and the risk of a stiff penalty for a tax filing omission and it’s easy to see why a professional payroll service can make your life easier.
PAYROLL SERVICES INCLUDE
- Monthly and quarterly electronic submission of Federal and State withholding tax deposits
- Quarterly preparation of Federal and State withholding and unemployment tax returns
- Annual preparation of Federal Forms W2 and 1099
