Our professional payroll service provides savings in time and money, greater data security, and the comfort of knowing your accounts are in order — these are all compelling reasons for millions of businesses to outsource their payroll. For many businesses, payroll services offer an attractive and valuable alternative to in-house processing. Chosen correctly, they provide a less expensive, simpler means of paying your employees, filing your taxes, and performing a host of other duties.
Payroll Service Benefits
Have more time and less problems
Convenience. – Easily update employee payroll information online.
Functionality – We’ll even handle your employee retirement plans, direct deposits, provide management reports, calculate employee tax obligations, and even help with your W2’s.
Accuracy – You can also can count on us to stay up-to-date with new tax laws related to employee payroll and always do an accurate job.
Compliance – Hiring our payroll services will allow you to not have to deal with the complicated array of state and federal legal obligations. This will save you money on legal fees, and put compliance in the hands of a business that understands these legal issues.
We'll do your Payroll right!
Don't get charged by the IRS
Finally, using a payroll service can ease your mind. The Internal Revenue Service has reported that one out of every three employers has been charged for a payroll mistake, with total penalties reaching into the billions of dollars. And given the ever-changing nature of tax regulations, it’s easy to make an error that can grossly affect your bottom line.
Why we outsource payroll and you should too
We are going to be straight with you. Outsourcing payroll is the way to go. The payroll industry has consolidated in the last decade and the results have been fantastic for clients. Due to their specialty narrow services, these payroll companies offer more services at lower cost than ever before and small fries like us cannot compete. But… we are ok with it! We want what is best for our clients and we routinely turn down requests to directly do payroll for our clients because the big firms can do it better and cheaper than any company that is not specialized in payroll.
- Time Sheet Tracking
- Direct Deposit
- State, Local and Federal Tax Filing
- 401K Management
- Healthcare Benefits (Medical, Dental, Vision)
- Detailed Employee Payroll Reports
- New Employee Onboarding Support
What is outsourced payroll?
A payroll service is an outside company that specializes in every aspect of the payroll process. A basic payroll service will collect wage and hour information from the employer and use that information to calculate gross wages, subtract all pertinent withholdings and deductions, print checks, make direct deposits and prepare all employment tax filings. The service will also mail out W-2 and 1099 forms and resolve any inquiries from the IRS or other government agency. Our payroll service offers even more comprehensive help – Vector Bookkeeping LLC, Your Payroll Team
Contact Us Today
The biggest advantage of a payroll service is that takes all payroll responsibilities away from the business owner, allowing him to focus on other aspects of running the business. Let us not only cut your costs, make your business more efficient and transparent but also provide you peace of mind. Grow your business with a platform that supports your team and get integrated with valuable online services to streamline processes.
We’ll be happy to help you with our professional payroll services, too just give us a call at (503) 468-1840. You can use our contact form or email us at [email protected] to send a complete description of your business’ needs. You can also follow us on Facebook. Contact Vector Bookkeeping so that we can discuss Bookkeeping solutions that will work for you.