Products/Services

Payroll

Once you have collected the hours and earnings for each pay period, you can simply email, fax, or use of our on-line web management system and everything else will be done for you. After payroll has been processed, invoices can be emailed, faxed or provided on on-line for your review. The pay can be distributed by checks (FedEx to your location), automatically direct deposited into the employee’s account, put on a Visa Check Card, or they can be printed at your computer via our payroll web management system. We would love to discuss with you the many options we have available - many of them have no extra cost.

Tax Services

We can ease your mind by handling all of your payroll tax calculations, payments, and reporting requirements for no extra charge. We will ensure your tax payments are made precisely and in a timely manner. We will file all your quarterly and annual payroll returns and reports required by federal, state, and local government. These tax services offered are included in conjunction with our payroll service. We keep up with all the new tax laws and reporting requirements, so you don't have to.

Tax Services Offered

  • Calculate federal, state, and local taxes
  • Pay all employer and employee tax obligations
  • Make sure payroll tax returns are made precisely and on time
  • Keep complete records of all tax filings
  • Protect from payroll penalties
  • Make sure federal, state, and local tax regulations and filing requirements met

Employee Pay Options

We offer a few choices of distribution to guarantee that your payroll is handled in a way that works best suits your company, taking into consideration the employer as well as the employee. Your can choose from: Direct Deposit, Split Accounts, Check Card, Standard Check Form and more.

Time, Vacation, Attendance

Manage all aspects of employee time, vacation and attendance with precision. We help reduce human error, lost time, and payroll expenses.

Health Insurance

We can even get your company quotes from most of the health providers to insure you have a competitive price. We have a full time Health insurance agent directly in our company so this makes your job easier and we can set it up pre-taxed with the payroll plan you choose.

SUTA

We handle your state unemployment claims for you in order to avoid fines and to retain your rights to protest and appeal. You would be surprised how many people are paying too much SUTA funds each year for their company, just because of not following through and knowing the law. Our company solves this problem for you.

Judgments and Garnishments

We can help you ease the burden of court ordered wage garnishments as well as judgments, which will reduce the potential for significant penalties. Our service calculates, withholds, and sends payments to assist you in these unique situations. We will handle the complex calculations and the timely payments.

Worker's Compensation

We have teamed up with several workers compensation insurance carriers in order to help you and your business. We can help you solve cash flow issues by eliminating deposit premiums, installment bills, and finance charges. Our company makes workers' compensation premiums regular, predictable expenses, and can be directly deducted from the same account as payroll.

Section 125 - Plans

This is a way for you and your employees to enjoy various tax savings. A premium only plan (POP) allows employees to make contributions to their group health, dental, and term life insurance before taxes are calculated. Under section 125 of the Internal Revenue Code, employees save FICA and federal income tax on their insurance deductions with every paycheck. Employers can save too, eligible businesses do not pay FICA matches or FUTA tax on employee medical deductions. We can assist you with the administration and plan requirements in order for you to save time and money.

401K

Considering the complex layout of different plans we have to offer, we have listed a few below. If you are interested in something other than the ones stated below, please do not hesitate to contact us. We will be more than willing to find the one that suits your company best. We have partnerships with several different investment providers.

The following is a list of basic services:

  • With investment layouts we can take care of to secure your retirement
  • Provide required legal documents, such as a corporate resolution, adoption agreement, and summary plan description
  • View 401K recordkeeping
  • Prepare the annual federal form 5500, along with 1099-R and 945 forms as they are needed
  • Provide quarterly management reports, participant reports, employer assistant, and enrollment support
  • Perform daily valuation of all account balances
  • Process participant distribution for qualifying events such as termination, retirement, or disability

Contact us with any questions or interest in our programs.

New Hire Reporting

An act was passed in 1996 that requires that every employer, no matter how small or big the company, files a report for each new hire or re-hired employee by a certain deadline depending on state requirement. Most of these are within 90 days of hire, you would be surprised at how many people get in trouble by not knowing this. We file your new hire reports for you in a timely and precise manner so you don't have to worry about it getting done. We try to keep it simple for our clients so they don't have to mess with all the excess paperwork so they can run their business properly.

GO RUN YOUR BUSINESS AND MAKE MONEY. LET US HELP HANDLE THE SMALL DETAILS SO YOU DON'T HAVE TO!

First month Payroll Services are always FREE. If you don't like us then you can quit just as easily as you signed up. What have you got to lose? (We have never lost a client!)

We work with any size business - small to extra-large. We help our customers to compete with big companies with less headaches and hassle. Allow us to show you how we can help you!

Lowest price, guaranteed The Payroll Source will beat any major competitor's service fees guaranteed!

Ask your Payroll Source Client Support Specialist for more information about our price guarantee when you click here for your FREE No-Cost Payroll Services Quote.