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Quick Guide to Payroll Services

Why Your Business Should Use Payroll Services
Payroll services help you save time by organizing your payroll (complete with tax info, deductions, etc) and eliminating your headache.

Tax preparation is another reason why businesses use payroll services. Not only can they calculate the proper deductions to take out of an employee's check, but they can also prepare your files for tax reporting purposes. Payroll service companies can help you report and keep records of payroll and tax expenses, helping you with budgeting and planning. They can factor in employee benefits and appropriately deduct paychecks as needed.

Most payroll companies offer Direct Deposit, which many employees prefer. Who wants to stand in a line at the bank every other Friday?

Payroll services are more affordable than you think! The time it saves and the benefit it provides typically makes up for the cost.

Questions to Ask Potential Payroll Providers:
- Do I have to call before paychecks get cut to authorize payments?
- What customer service options do you provide? Typically, you want a 24 hour support line in case of an emergency.
- What is the minimum numbers of employees you require a company to have in order to work with you?
- Do you offer Direct Deposit?
- What types of services do you offer to help with tax reporting (filing, deductions, prepare reports, etc)?

Sample Description of Payroll Services

"We need an e-commerce website for our clothing company. - Currently www.yourbusiness.com. Our products change on a regular basis, so we need to be able to easily change text, pictures, prices, and product descriptions. We currently sell 40 unique products. We have a budget of $2,000-5,000, but we are looking for the best price. We would like to launch the site within 60 days."