Payroll Consulting
Services
We specialize in payroll processing, management, employee payroll, small business payroll, payroll reports, and salary processing.
Get Your Business Finances
Under Control.
We help our clients focus on what matters the most – business – and handle taxation, finances, and accounting. After just one session, you’ll feel more in control of your budget, your strategy, your goals, and your business.
Our Payroll Services
Managing payroll can be a complicated and time-consuming task. Ensuring your employees receive accurate and timely pay is crucial for a smooth business operation. At TotTax, we offer comprehensive payroll consulting services tailored for small businesses. Our goal is to simplify this process, allowing you to focus on providing excellent service to your customers.
Payroll Processing
As a top payroll company, we handle payroll processing for your business. From calculating employee wages and ensuring accurate tax deductions to facilitating direct deposits, we aim to ensure that your employees are paid accurately and on time.
Our payroll service company handles payroll for small businesses, and we understand the unique challenges they face when managing their employees' pay. We take the hassle out of payroll, allowing you to concentrate on growing your small business.
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Collecting and retaining certain information and documents from your employees to have on file for their paychecks. This includes the following:
Social Security Number
Form W-4 (federal income taxes)
Form I-9 (employment eligibility verification)
State withholding form (state income taxes)
Payroll Compliance & Reports
Maintaining compliance with payroll regulations is essential for any business. We provide detailed payroll reports that offer insights into your payroll expenses. These reports make tracking and managing your finances easier, ensuring you meet all payroll compliance requirements. Our business payroll services are designed to meet these compliance needs.
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We're committed to providing services that are:
Secure: Advanced security measures keep your employee’s and business’s sensitive data safe.
Accurate: We keep up with changing employment and tax rules to ensure precise payroll processing.
Accessible: Essential documents like Form W-2s and new hire reports are easily available when needed.
Preparation and Filing of Quarterly Payroll Returns
The tax-related responsibilities associated with payroll can be complex. Our experienced team is well-versed in preparing and filing quarterly payroll returns, ensuring that your business complies with tax regulations and reporting requirements.
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Data Collection: Collect all relevant payroll data for the quarter, including employee hours worked, wages, bonuses, commissions, and any other compensation.
Quarterly Report Preparation: Compile and organize the data required for the quarterly payroll report. This report usually includes details about each employee's earnings, tax withholdings, and other deductions.
Reconciliation: Reconcile your payroll records and ensure they align with the quarterly reports
Employee Benefits
Taking care of your employees is a top priority. As a leading payroll company, we offer comprehensive payroll services that manage employee benefits, including health insurance, retirement plans, paid leaves and more.
We ensure your employees receive the benefits they deserve, helping you attract and retain top talent. Our services are tailored to meet the needs of businesses of all sizes, from small business payrolls to more giant corporations.
New Hire Reports Filed with State
Hiring new employees comes with specific reporting requirements. Employers must adhere to federal law, which mandates reporting essential details for new and rehired employees to the respective state within 20 days of their hiring. Specific states may impose even shorter reporting deadlines.
We file new hire reports with the state on your behalf. This ensures that you remain compliant with hiring regulations and simplifies the onboarding process for new employees. It's a crucial aspect of our business payroll services.
Contractor Work Compliance
Navigating the complexities of contractor work compliance is a challenging task. Our expert team offers guidance on essential aspects like new hire reporting and the issuance of 1099s.
With our assistance, you can ensure that your business remains fully compliant with labor regulations, avoiding potential pitfalls and liabilities.
Issue and File W-2s
As part of our comprehensive accounting and payroll services, we handle the issuance and filing of W-2 forms. Providing your employees with accurate W-2 forms is essential for tax purposes, and we ensure that your employees receive their tax documents on time.
This saves you time and ensures your employees have what they need for their tax filings.
Our business startup payroll services cater to new and growing businesses. We help startups streamline their payroll processes, making it easier to manage their employees' pay while they focus on growth and development.
Our team of experts in business payroll services ensures that your payroll operations are efficient and compliant. We are here to make your business's payroll hassle-free and accurate so you can focus on your core activities while we care for your payroll needs.
Benefits of Payroll Services with TotTax
Payroll System Training
We provide training for your team to ensure they can efficiently manage your payroll system.
Automated Payroll
Take advantage of automated payroll processes that save you time and reduce the risk of errors.
Unlimited Payroll Runs
You can run as many payroll cycles as needed without additional charges.
Owner Paycheck Calculator
We offer tools to calculate owner paychecks, making it easier to manage your personal compensation.
Innovative Ideas and Exceptional Accomplishments
At TotTax Tax, we have a team of experts ready to provide you with excellent service. We're here to answer all your questions, and the best part is, you don't even have to visit our office. We can work with you over the phone or through email to fit your busy schedule.
If you need help with your personal income taxes or all accounting & taxation services for your small business, please get in touch with us today. TotTax is here to assist you.
Why Choose Us
TotTax Tax & Accounting Agency offers expert accounting, bookkeeping, payroll, tax planning, and tax preparation services for individuals and small businesses throughout United State. We have a straightforward and client-centered approach to address your financial needs. You'll receive the individualized attention you should expect from a professional firm.
Expertise and Trust: Benefit from our experienced and certified accountants who provide trustworthy financial guidance, ensuring accuracy and compliance.
Tailored Solutions: We create customized financial strategies that align with your unique goals, offering personalized solutions that fit your needs.
Proactive Partnership: Beyond historical reporting, we proactively identify opportunities and challenges, serving as your strategic financial partners.
Cutting-Edge Technology: We leverage the latest accounting software for efficiency, providing real-time insights to help you make informed decisions.
Comprehensive Services: From taxes to audits, we offer a full spectrum of services under one roof, ensuring your financial success.
Get in touch with us today to explore how TotTax can assist with individual income tax preparation and various small business services.
Get your business off to a great start by letting us handle your finances
We'll make sure this year is a successful one for you.
Most Commonly Asked Questions
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Key components include calculating employee wages, withholding taxes, processing deductions, and issuing payments.
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Payroll schedules can be weekly, bi-weekly, semi-monthly, or monthly, depending on the company's policy.
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Employers are typically responsible for withholding federal and state income taxes, Social Security, and Medicare taxes from employees' paychecks.
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Payroll errors can lead to financial penalties, dissatisfied employees, and potential legal issues, emphasizing the importance of accurate payroll management.
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Common deductions include federal and state income taxes, Social Security, Medicare, health insurance premiums, retirement contributions, and any other applicable voluntary deductions.