Payroll
Payroll Services
When it comes to paying employees, laws and the IRS have made the payroll function a time-consuming nightmare for the small business owner.
Small business owners spend an average of eight hours a month performing payroll functions. That’s 12 full days a year that could be spent generating sales, prospecting new business opportunities, improving products or services, or servicing customers.
We offer payroll solutions and business services that meet the needs of your business and enable you to spend time doing what you do best–running your company.
Why Outsource Your Payroll?
It's Cost Effective
Use your staff more efficiently by letting us handle payroll and the associated legal details. Reduce overhead by removing the need to hire specialized employees.
It's a Time Saver
Our payroll service eliminates the burden of customizing, updating, and maintaining your own payroll system–no more data entry, no more researching updates or new laws, no more worries.
Comprehensive Reports
You get a wide variety of user-friendly and accurate payroll reports. For a nominal fee, we will include union reports, certified payroll, workers’ compensation reports, and much more.
Allows You To Focus On Core Competencies
Our professional staff allows you to focus on the core competencies of your business. We are accounting professionals–you get the experts working for you and with you.
Worry-Free Payroll Tax Filing
Eliminate the risks of calculating and filing your own payroll taxes by having professionals do it for you. Federal, state, and local payroll tax laws are frequently changing and becoming more complex.
ENSURES COMPLIANCE AND SECURITY
Outsourcing your payroll to our experienced professionals helps ensure that your business complies with current payroll-related regulations and minimizes the risk of errors. Our team stays up-to-date with the latest regulations, ensuring that your payroll is processed correctly and your data is kept secure. With robust cybersecurity measures in place, you can trust that your sensitive payroll information is protected against threats, reducing your liability and safeguarding your reputation.
Comprehensive Payroll Services
Our Comprehensive Payroll Service takes care of all of the payroll processing for you, so that you won’t have to.
- Your payroll checks are prepared and printed on time, every time.
- All of your payroll checks are laser printed on “blank” check stock to ensure maximum security and meet the micro encoding standards as set forth by the Federal Reserve System.
- Worry-Free IRS and State tax reporting as well as EFTPS tax deposits.
- User-friendly, and easy-to-understand monthly, quarterly, and annual payroll tax reports, including W-2, W-3, and 1099 forms.
- Detailed reports on your employee’s vacation, sick days, and personal days accruals.
- Creation and filing of the required new hire reports
- Your payroll records are maintained in tip-top shape.
After-the-Fact Payroll Services
We will take your manually-prepared payroll records and other payroll information and post this information to our data files.
- Worry-Free IRS and State tax reporting as well as EFTPS tax deposits.
- User-friendly, and easy-to-understand monthly, quarterly, and annual payroll tax reports, including W-2, W-3, and 1099 forms.
- Detailed reports on your employee’s vacation, sick days, and personal days accruals.
- Creation and filing of the required new hire reports
- Your payroll records are maintained in tip-top shape.
Custom Payroll Reports Service
There seems to be an endless amount of special reports Government agencies require. We can prepare the following reports for you.
- Worker’s Compensation Audits
- Unemployment Claims
- Social Security Audits
- Child Support Audits
- W-2 and W-3 processing
- 1099 and 1096 processing
- Preparation/assistance with Federal and State registration forms
Get in touch with us!
Achieving long-term financial health requires the guidance of experienced experts. Founded in 1926, T. E. Lott & Company has proudly helped business owners from a number of unique industries develop appropriate business strategies that allow them to achieve sustainable growth and future financial stability.