Below is a list of questions that should be asked everytime you are considering hiring a new payroll company or outsourcing for the first time:
Q: Are you sure you are compliant?
A: The IRS reports that 80% of small business over pay an average of $500.00 each year in their employer taxes.
Q: Have you ever paid tax penalties?
A: The majority of employers that are doing payroll "in-house" find it difficult to keep up with the ever changing tax rules and regulations. Most employers are not even aware of the errors they are making until a random tax audit is performed.
Q: Who do you call with your payroll questions and concerns?
A:
Q: Do you frequently work with different customer service representatives and spend unnecessary time on hold waiting?
A: Our clients have a direct line to their actual payroll processor.
Q: Was your last payroll conversion a nightmare?
A: Our conversion specialist handles the entire process so that our clients don’t have to waste any of their time.
Q: What did the IRS just figure out?
A: After decades of chasing large corporations for tax fraud the Internal Revenue Service came to realize that most large corporations are compliant because they have a staff of experts to assist them. This will eventually lead to more random audits of small and medium sized business who do not have tax experts on staff.
