The following is an excerpt from our latest guide, "A Business Owner's Guide to HR: Is There a Better Way?"
Payroll is the HR area that affects both employee and employer most directly. However, payroll processing can be a time consuming and even complex responsibility; and payroll taxes and reporting can bring significant compliance and risk challenges.Following are some of the issues you should be concerned with – all of which are areas a PEO such as FrankCrum is well equipped to manage:
- Online payroll systems for employer and employee with secure online portal
- Payroll tax compliance
- New hire input and reporting
- Employment tax credit services
- Payroll direct deposit
- Complex and multi-state payrolls
- Overtime
- Holiday pay
- Tips and wages
- Per diems/non-taxable reimbursements
- Wage garnishments