Payroll
Payroll is more than simply issuing paychecks; it establishes trust between you and your employees. Errors in payroll or in your company’s taxes and reporting can be costly. EFS works with you to design a customized solution and manage this critical function.
We will make sure your paychecks or direct deposits are processed and provided to you on time. We also file and deposit all relevant payroll taxes. We will complete your worker’s compensation audits. We handle any child support claims or tax liens. We track PTO and sick days, as well as handling pre-tax deductions for health insurance or other plans. In January, we issue your company’s W2s.
SERVICES INCLUDE:
- Payroll processing and distribution
- Federal 941 and 940 deposits & State withholding deposits
- Employer’s Quarterly Unemployment & Federal Tax Returns
- Employer’s Annual Federal Unemployment (FUTA) Tax Return
- Employer’s Annual State Income Tax Withheld Return
- W-2 Wage & Tax Statement/W-3 Transmittal of Wage & Tax Statements
- Form 1099
- Form 1096 Annual Summary & Transmittal of US Information Returns