Payroll
Payroll Made as Easy as You Need it to Be
All our services are available online through an easy-to-use interface that lets you manage everything in one place – even if you work with multiple locations around town (or across the country). And we offer free consultations, so there are no surprises when it comes time to sign up! So why not give us a call today? Let Outstanding Tax take care of your payroll needs while you focus on growing your business.
The Right Partner for growing your business
Full-Service Payroll Solutions
We handle all aspects of payroll – from start to finish.
Not only do we make sure your company follows complex state and federal laws – but we also work to ensure that we’re always in compliance with those strict rules ourselves. That means you don’t have to worry about accidentally committing a penalty because of an oversight or error on our part. We take care of everything!
- Week/Bi-Weekly Payroll Services
- Direct Deposit Services for Your Employees (available in most states)
- Bi-Weekly Federal Withholding Tax, State Unemployment Insurance, and Other Deductions
- Employee Record-Keeping - We store your employees' W-4s, I-9s, state withholding tax forms, and other records for you
- Form Submission - We submit all the paperwork needed on your behalf
- Weekly Check Printing - Don’t want direct deposit? No problem; we can send your employees their paychecks through the mail instead. We print checks in the house, so there is no delay in your employees getting their paychecks
- Quarterly/Annual Tax Filing - We prepare all the forms and paperwork needed to file W-2s, 1099s, 940s, and more. You can also opt to have us file extensions for you.
Payroll Services to Fit Your Needs
- Full-Service Payroll Services - We handle everything, so you don’t have to worry about it
- Self-Service Payroll Services - You do all the work, but we provide the software and support
Choose which type of service works best for you – then give us a call! Let Outstanding Tax take care of your payroll needs by providing you with expert advice on keeping your company in compliance while maximizing your tax savings.
Payroll, Simplified.
Freshbooks
With so many complicated laws and regulations surrounding payroll, it can be easy to get overwhelmed.
As a business owner, you have enough on your plate. You don’t want to have to memorize all the rules in the tax code to figure out how much money you are legally required to withhold from a team member’s check or when they are supposed to receive their paychecks.
That’s why there are people like us here at Outstanding Tax: we make sure that you keep up with all of those strict compliance rules for federal and state withholding taxes and other deductions while providing expert advice on how to maximize your company’s tax savings. We also handle all of the paperwork and calculations necessary for making sure things are done right. All you have to do is sit back and relax while we take care of everything for you!
With so much on your plate, it’s no wonder that the most experienced payroll experts forget something every once in a while. Or they might not be aware of some changes or updates to IRS payroll withholding tax laws or other tax rules that could affect their clients. That’s why we offer free consultations – so you can rest easy knowing that your company is always in compliance with all federal and state taxation guidelines (and get expert advice on how to save money when filing your taxes at the end of the year). And because we handle everything from start to finish, there are no hidden fees!
Quickbooks Online
To simplify your payroll process, here are some things that you can do:
– Have an outstanding tax preparer on your side.
– Make it a point to stay up to date on all of the changes and updates in IRS payroll withholding tax laws and other taxation rules.
– Hire a full service or self-service payroll company to ensure everything is done right while saving you time and money.
– Take advantage of free consultations from experts who have experience with complex state and federal laws surrounding payroll taxes.
At Outstanding Tax, we take care of all aspects of your business’s payroll services, so you don’t have to worry about anything! We handle direct deposit, check to print, quarterly/annual tax filing, and everything in between.
You can trust us with your company’s taxes – after all, we have a 99% accuracy rate! Here at Outstanding Tax–Payroll, we know how much work it is to run a business – so let us take care of the payroll for you. We specialize in ensuring organizations comply with all federal and state taxation guidelines while saving money on their tax returns. Plus, our staff knows all the ins and outs of IRS payroll withholding tax laws and other taxation rules.
5 Basics of Payroll that Every Employer Should Know:
What is payroll, and why should you care? Payroll is the process of preparing paychecks for your employees. It would be best if you cared about it because you are legally required to withhold income tax, Social Security (FICA), and Medicare taxes from each of your team member’s paychecks based on how much they make per year. It would help if you also made sure that these amounts are withheld evenly throughout the year so that your employees aren’t hit with a massive tax bill at the end of the year.
Federal and state taxation guidelines: Withholding taxes, federal returns, estimated taxes
Common mistakes business owners make when filing their company’s taxes: Filing too late, incorrect paperwork, incorrect filing status
Are you eligible for certain tax deductions or credits?
Where to go for help with payroll: The IRS, tax experts, accounting firms, payroll service providers, articles on the internet
Our experienced payroll experts can help you with everything from filing quarterly and annual returns to providing expert tips on saving money when filing your taxes at the end of the year.
We provide free consultations to know precisely what will be expected of you throughout the year while we take care of everything else.
How We Can Save You More Money
When it comes to preparing your business’s taxes, there are often many fine details that only an expert will be aware of (and they will help guide you through). Here are just a few of the many things that we look out for when preparing your business’s taxes:
– Are there any common mistakes owners make when filing their company’s taxes?
– Is your business eligible for certain tax deductions or credits?
– What forms and paperwork does your company need to complete and maintain throughout the year to stay in compliance with federal and state taxation guidelines?
– How can you save money when filing your company’s taxes at the end of the year (and avoid taking out big loans, if necessary)?
By hiring an experienced payroll service provider like us, you can be sure that nothing will slip through the cracks when it comes to preparing your business’s taxes.
Common Payroll Mistakes, and How to Fix Them
There are plenty of ways you can make mistakes when it comes to preparing your business’s payroll. The good news is that they are easy to fix, often without even involving an accountant (obviously, your best option would be to hire one).
Are my company's taxes filed on time?
By filling your company’s taxes later than you need to, you will have less time for them to be looked over by the IRS before being audited – which will also cost more money. This mistake isn’t just about paying extra taxes or having an audit either – if taxes aren’t filed, the employer might have their business license suspended once they are eventually filed. To avoid this mistake, hire an expert to handle your company’s payroll taxes for you.
Is my business filing the correct paperwork?
Have I completed my tax return correctly?
Completing your personal income tax return incorrectly is one of the easiest ways to miss out on tax breaks, deductions, and credits that your business might be eligible for. For example, if you don’t correctly report expenses related to mileage or home office use, you could end up paying far more taxes than you need to at the end of the year. To avoid this mistake, hire an expert who will take care of all necessary paperwork (and make sure everything is filed correctly) at tax time.
Do I qualify for certain payroll-related tax deductions?
Avoid these Other Common Mistakes by Hiring Outstanding Tax
– Filing paperwork late (which leads to fines)
– Miscalculating the amount paid in benefits throughout the year (which leads to overpaying or underpaying taxes)
– Using incorrect legal forms for filing paperwork throughout the year (which can lead to penalties if not corrected)
– Failing to deduct taxes from the salary of part-time employees (which is a legal obligation)
– Not filing W-2 forms for independent contractors (who might want them as proof of income when filing taxes)
There are many mistakes that business owners – even experienced ones – can make when preparing their payroll taxes. Luckily, these common mistakes can be avoided by hiring an expert to take care of all your company’s payroll tax preparation and filings for you.
