The more your business grows, the more employees you’ll have to hire to keep up with the workload. In times of positive momentum, you should be focusing on meeting your next goals, not on HR duties like payroll. Even if your company only has a handful of employees, calculating withholdings, overtime, and bonuses is not likely to be the most valuable use of your time as a business owner.
Trying to take on the task of payroll on your own could put you at risk of late tax filings, IRS penalties and fees, and annoyed employees. Instead of trying to figure out everything on your own, hiring an accounting firm to take care of your payroll services for you can save you time and stress, and keep your employees happy.
Duffy Kruspodin, LLP has been providing trusted payroll services in San Diego for more than 25 years. In that time, we have worked with companies and organizations in every size and industry. Our team of experienced tax accounting professionals is dedicated to helping our clients make the best decisions for their business and focus on what really matters.
With some basic information about your employees’ hours and wages, we can take care of the filings, calculations, forms, and other payroll headaches for you. Besides removing this stress, here are three other reasons to hire Duffy Kruspodin, LLP to take care of your payroll services.
Stay On the Good Side of the IRS
Calculating payroll taxes get complicated and if done incorrectly, it can cause serious trouble for your business. The IRS penalizes one out of every three businesses for payroll errors every year—so it’s important your payroll submissions are done correctly.
With every W-2 employee you hire, you have to pay a certain percentage of their income to local, state, and federal taxes. There are also Social Security and Medicare taxes, as well as the Federal Unemployment Tax Act (FUTA) and State Unemployment Insurance to calculate as well. In addition, there are W-2 forms and 1099s you are required to prepare for each employee and yourself at the end of the year.
A payroll service like Duffy Kruspodin, LLP takes care of all that for you. Because we have extensive experience with payroll tasks, you can be confident that your bookkeeping and filings will be accurate.
Keep Your Employees Happy
Keeping the IRS happy is just one crucial part of having an accurate payroll record; you also want to make sure your employees are happy. Our team of experts is dedicated to providing quality service to your team. Your employees can trust that they’ll get their paychecks on time—every time—without having to worry about any mistakes. We can also make it easier for them to get paid and track their income if they choose to enroll in direct deposit or online reporting.
Focus on Running Your Business
Knowing your employees are happy and that all your tax filings are accurate means you will have less to stress about. By handing over those responsibilities and obligations to an accounting firm, you are giving yourself more time to focus on the important business pursuits that will keep your company moving forward. Instead of focusing on the menial tasks associated with payroll, you can devote more time to developing and managing your business.
Our expertise allows us to quickly take care of your payroll needs, and frees up your time so you can focus on what you do best and what matters most to helping your business succeed.
Don’t let payroll duties slow down your business’ success. Professional payroll preparation services improve your productivity and reduce your stress. When you hire Duffy Kruspodin, LLP you can be confident you are working with one of the best payroll services San Diego has to offer. It is a smart move for you and your business. Contact us today by calling our San Diego office at 858-642-5050. We look forward to becoming a trusted advisor in your positive momentum.