Uploaded on Jun 23, 2021
By having a team of payroll experts, process your payroll, you and your team can save time each week. By taking even further steps and assisting business owners with deductions and taxes, you can save even more time when it comes to filing.
Benefits of Utilizing an HRO for Payroll Tax Services
Benefits of
Utilizing an
HRO for
Payroll Tax
Services
Why should you go for HRO for Payroll Tax
Services?
● 33% of small to mid-sized business owners
say that they are uncomfortable completing
payroll and navigating taxes on their own.
Thankfully, HRO services can help you with this
issue.
2
Save Time
● By having a team of payroll
experts process your payroll, you
and your team can save time
each week.
● By taking even further steps and
assisting business owners with
deductions and taxes, you can
save even more time when it
comes to filing.
3
Managing
Deductions
The payroll experts within an HRO
will help you tackle both:
Statutory payroll tax
deductions
Voluntary payroll deductions
4
Statutory payroll
tax deductions
Social security tax
State income tax
Medicare tax
Federal income tax
Voluntary payroll
deductions
Health insurance premiums
Retirement plan contributions
Report and Deposit promptly
● Form 940, Employer's Annual Federal Unemployment Tax
Return
● Form 941, Employer's Quarterly Federal Tax Return
There are also informational tax forms that businesses need
to
provide their employees for their tax returns, including:
● W-2, Wage and Tax Statement
● W-3, Transmittal of Wage and Tax Statements
7
Looking for Help?
While completing payroll taxes
can be a
time-consuming and complicated
process, it doesn't have to be.
Utilizing an HRO service can help
you
avoid extra stress, costs, and
time.
8
Contact us!
https://www.synchronyhr.com/
[email protected]
(314) 222-5770
9
Thank
You!
10
Comments