Tips For Setting Up a New Company’s Payroll

If you are planning on opening a new business, setting up your company’s payroll can be rather overwhelming. Thankfully, there are many nearby payroll processing companies  that can do this for you. However, before you hire someone to run the payroll for your company, it is important to understand the basic steps involved in setting up payroll. Listed below are a few tips you must be aware of when setting up payroll. Register for an Employer Identification Number – This is the very first step in setting up a new company. An employer identification number helps in identifying a business [...]

By |2020-04-02T07:32:55-07:00March 25th, 2020|Payroll, Payroll Services|0 Comments

Protect Your Business Against Payroll Tax Penalties

Over the years, thousands of businesses have been charged with civil penalty for business income taxes and issues with employment taxes. Ignoring the problem will only create more problems in the future. Instead of doing that, it is recommended that you seek assistance and consultation from various companies offering payroll services to customers. If you are a resident of Santa Rosa, you can search for payroll services online to gather information and contact details of the same. A professional tax organization and payroll company has professionals in the team who have deep knowledge on commercial and taxation matters and can [...]

By |2020-04-02T07:37:55-07:00March 15th, 2020|Payroll, Payroll Services|0 Comments

What is a Bookkeeping Service?

A bookkeeping service works to develop and maintain a company’s financial processes and ensure there is a proper record of payables and receivables. The service will ensure all financial transactions done by the company are appropriately documented and recorded. Additionally, they manage payroll, handle sales tax, withholding and quarterly taxes, generate monthly financial reports, and reconcile bank statements. A bookkeeping service allows you to get a clear financial picture of your business and helps you see how the business is performing. What are the Duties and Responsibilities of a Bookkeeper? A bookkeeper’s main responsibility is to maintain the general ledgers [...]

By |2020-04-02T07:26:28-07:00March 5th, 2020|Bookkeeping|0 Comments