Payroll

Managing payroll can be stressful for business owners, especially when trying to keep up with wages, tax withholdings, direct deposits, payroll reports, and quarterly filing requirements.

We can help clients use common payroll platforms such as QuickBooks Payroll, Gusto, ADP, Paychex, or other payroll services to pay employees properly and keep payroll records organized. Our office can assist with payroll setup, administer payroll, review payroll reports, and even help an in-house bookkeeper understand what needs to be recorded. The goal is to take payroll stress off the business owner while making sure payroll activity is properly reflected in the company’s books and tax returns. 

How a business owner pays themselves can have a major impact on taxes, payroll reporting, and long-term planning. 

We help owners understand the difference between wages, draws, distributions, guaranteed payments, reimbursements, and other owner payments depending on how the business is structured.

For S-Corporation owners, we can help review reasonable compensation considerations and make sure wages and distributions are being handled properly from a tax perspective. Our goal is to help business owners make informed decisions about paying themselves while keeping the business compliant and tax-efficient.