Payroll Processing |
Payroll processing involves the year-round preparation of tax returns, required recordkeeping and constant regard to complex payroll tax law. Susan A. Rambeau, CPA provides a solution to the ever-changing payroll process.
For each pay period we will prepare the following:
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Payroll checks |
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Employee earnings statements |
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Payroll journal |
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Department summary |
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Payroll deduction registers (as required). Each deposit period we will calculate all tax liabilities on your behalf, including the following: FICA, Medicare, Federal and State Withholding Federal and State Unemployment Insurance LCV assumes full responsibility for the timeliness and accuracy in preparing your returns. |
Each quarter we will prepare:
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941 Quarterly Return |
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State Unemployment Insurance Return |
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State Quarterly Wage Return |
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Deposit for Federal Unemployment Insurance |
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Local tax Returns where applicable |
Each year we will prepare:
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Employer, Employee, Federal, and State W-2s |
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W-3 Recap of Federal Withholding |
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940 Federal Unemployment Insurance Return Other Payroll Services |
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Direct Deposit–convenience and security of direct deposit into savings and checking accounts |
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Section 125 Plan—savings for both employers and employees by deducting insurance premiums before taxes |