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 This involves managing the entire payroll cycle, from calculating wages to distributing funds. 

• The Commission processes pay runs (weekly, bi-weekly, or monthly) based on submitted hours or salary data, calculates gross-to-net pay, manages employee deductions (health insurance, 401(k)), and handles direct deposits or physical check printing.

We ensure all federal, state, and local payroll taxes are paid accurately and on time to avoid penalties. 

• This includes calculating, withholding, and remitting federal income tax, FICA (Social Security and Medicare), and state unemployment taxes (SUI). The firm also handles quarterly (941) and annual (940, 944) tax filings.

 At the end of the calendar year, the firm handles all mandatory employee and contractor documentation. 

• The Commission prepares, reconciles, and distributes W-2 forms for employees and 1099 forms for independent contractors, ensuring all filings are submitted to the Social Security Administration (SSA) and IRS.

 We assist in adhering to state and federal hiring regulations. 

• Upon hiring new employees, the firm submits mandatory new-hire reporting to state agencies to ensure compliance with employment laws.

 Integrating payroll with general bookkeeping for accurate financial reporting. 

• We connect payroll data directly into the client's accounting software (e.g., QuickBooks, Xero, Sage) to ensure that expenses are automatically recorded, saving time and reducing data entry errors.

 Managing the collection of employee hours to ensure accurate pay. 

• We provide or integrate with digital time-tracking systems to track hours worked, paid time off (PTO), and sick leave, which feeds directly into the payroll process.

 Handling required wage garnishments and employee-specific deductions.

• We manage complex deductions like child support, tax levies, or wage garnishments on behalf of the employer, ensuring accurate payments to the appropriate agencies.

 Providing comprehensive reports for business management and compliance. 

• We generate detailed payroll reports, such as payroll journals, tax summaries, and departmental cost reports, which can be used to analyze payroll expenses or for internal audits.

 Coordinating payroll data with insurance providers to determine appropriate premiums. 

• We  coordinate with insurers to align payroll records with workers’ compensation insurance requirements, often assisting in, or handling, the annual audit process. 

 Providing expert guidance on payroll best practices and regulations. 

• We advise on classifying workers (employee vs. independent contractor), setting up employee benefits, and navigating changes in labor laws, providing proactive advice to prevent compliance issues