Professional Payroll Preparation

Payroll Preparation

It’s easy to believe payroll is simple enough to handle. After all, it’s just cutting checks and making sure employees get paid on time… right? It quickly becomes apparent that payroll is much more complicated than it seems. There are strict legal responsibilities that employers are expected to adhere to such as record keeping, filing, and payment responsibilities.

Here at Tax 2000 we take care of the entire process.

Payroll Reporting and Tax Responsibilities

 
  • Federal Income Taxes
  • Federal Social Security and Medicare Taxes
  • Federal Unemployment Taxes (FUTA)
 
  • Federal Wage and Tax Statement (Form W-2) and Transmittal (Form W-3)
  • State unemployment Taxes (SUTA)
  • State Workers’ Compensation Insurance Premiums