Often times, our clients are nervous about preparing payroll and payroll taxes themselves, but are looking for ways to reduce the fees associated with outsourcing these services. One way to reduce the cost of payroll preparation is to use a program that will make it easy and time efficient. QuickBooks offers several payroll subscriptions at an affordable price. Three payroll subscriptions offered by QuickBooks are Basic Payroll, Enhanced Payroll and Assisted Payroll. All of these subscriptions offer direct deposit, earnings and deduction calculations and up-to-date tax rates and withholding limits. The Enhanced Payroll also prepares the federal and state payroll taxes, along with the ability to electronically submit the taxes and forms. QuickBooks will do everything for you, including the tax deposits, payroll returns and new hire reports with the Assisted Payroll subscription.
However, I would suggest using a QuickBooks ProAdvisor to help you get started correctly. Setting up the payroll correctly the first time will save you time and money in the long run.
We have a great staff at Dempsey Vantrease & Follis that will be happy to help.
written by Natalie Scothern, Certified ProAdvisor
Tags: Dempsey Vantrease & Follis, payroll help, QuickBooks, QuickBooks ProAdvisors