Successfully completing your payroll each pay period is a good feeling. It’s nice to make so much money with your business that you can afford to pay others. But after a certain point, it starts sucking up more and more of your time.
Many local businesses hire a Boston small business payroll organization to handle this task for them, like NetPEO. We can help you with all your payroll services needs and save you money in the process, as well as numerous other PEO solutions for your business needs.
How Does a Payroll Company Save Me Money?
Payroll is more than just writing checks to employees every pay period. It’s also keeping track of taxes, garnishments, dues, benefit payments, and a host of other issues related to pay. It also requires regular reporting to keep governments off your back about compliance issues.
If you fail to keep up, you could end up with angry employees or an angry payroll tax official wondering why you didn’t pay withheld tax to the IRS. You could lose your labor or get hit with a big fine. Having someone on your side do it right means that worry is gone.
Plus, if you’re doing your payroll right now, that frees up your time for more profitable activities. Some businesses spend over five hours a pay period just handling payroll! Add that up over a year and you can see how hiring a payroll company can save you money.
Do I Really Need a Complete Payroll Package?
We do recommend if you are going to hire a small business payroll service in Boston that you turn it over entirely to them. However, not all businesses want to give up that much control over payroll, nor might they need every service a full payroll team offers.
That’s why NetPEO lets you choose just the services you want to have for your business. For instance, we can help you add payroll software to your company so you can pre-process payroll and double-check it for accuracy.
You can also set up an employee self-service portal. In the portal, they can check their pay stubs, get W-2 information, update their I-9, track time, and much more. It’s an all-in-one solution you can also use for your business reporting.
Stop Worrying About Small Business Taxes
Quick, do you know how much payroll taxes you have to pay this next pay period or quarter? If that question makes you nervous then it’s definitely time to get together with one of our Boston small business payroll experts before you make a payroll mistake.
The tax rules in Massachusetts are complicated for small businesses, and you do not want to get them wrong. Our teams know the ins and outs and will keep your paperwork organized and your payroll tax payments flowing to local, state, and federal tax officials.
Boston Businesses Large and Small
Our payroll staff in Boston has worked with tiny businesses and businesses with hundreds of employees. We’ve also worked with a number of different industries with unique payroll challenges, such as healthcare, finance, manufacturing, non-profits, and professional services.
Different industries have different tax snags and payroll tracking requirements. A restaurant needs to track tipped wages, while a finance company needs to keep up with financial regulations and cross-state tax questions.
A Payroll Company Can Answer Budget Questions Fast
Another advantage of hiring a small business payroll company in Boston is reporting. When you need to know whether you can give someone a raise or hire a new person, you don’t want to sit in front of a computer figuring it out on your own.
You can ask us for any financial report you require to make informed decisions about where to take your business to the next profit level. If you are already consulting with an accountant, we can help them by sharing our reporting.
Contact Us Today to Get Help With Small Business Payroll in Boston
There’s no better way to get peace of mind about your payroll than hiring an expert. Our Boston small business payroll team is ready to tackle your payroll, no matter how large or small your company is.
We offer cutting-edge tools to make the process as simple as possible for you and your employees. Contact us today at the number on your screen or use our contact page to send us an email.