Services - Payroll Outsourcing

What is Payroll Outsourcing? Payroll Outsourcing is obtaining the services of a company that processes payroll for small businesses. Using an agency to outsource payroll is typically more beneficial for a small business rather than processing payroll internally, because it frees up man hours that you can devote to other important issues in running your business. Corporate Solutions payroll processing is designed to help the small business streamline the payroll process. Once your company is set up, all you have to do is report the hours worked by all your employees and we will take care of the rest.

Payroll Services Include: • Processing Payroll Checks • Signing & Preparing Payroll Checks for Distribution • Delivery of Payroll Checks to Your Facility • Direct Deposit Availability • Calculating Employee Tax Withholding • Processing Any Federal or State Issued Garnishments • Preparing & Distributing of W-2's

Outsourcing Payroll Can Save You Money...
Many business owners don't realize how much time and money is spent on processing payroll internally because they fail to account for all the man hours and resources used to pay employees and maintain payroll paperwork. A thorough cost assessment usually proves that a small businesses save money by outsourcing the processing, tracking and filing of payroll documents. To assess your own internal payroll costs, consider:

•	How Much the Time Spent is Actually Worth Consider the cost of your time and the time of anyone who processes or "touches" payroll. Often, many people in a small company are involved in the various parts of payroll processing.

•	What Savings Would Outsourcing Provide Since an outside provider can handle all the responsibilities involved in managing payroll and answering employee questions, a small business can often eliminate or reallocate an internal payroll resource.

...and Help You Avoid Costly Penalties.
While many businesses find calculating federal, state and local employment taxes to be a hassle, what they don't always realize is that they risk incurring penalties and/or interest on money owed for payroll taxes if an error occurs.

Corporate Solutions can eliminate the hassle by calculating payroll taxes, submitting quarterly tax and unemployment reports, enforcing any government issued garnishments and processing end of year paperwork, such as W-2's and 1099's.