Payroll Services

Every business has to process salary for its employees in an accurate and timely manner; however, it is not the simplest thing to do. How do you factor in reimbursements, loan advances, leaves and other such dynamic HR inputs while managing varied salary structures? Are you able to comply with the statutory and tax regulations (that change from time to time) while managing all of that? You should consider payroll outsourcing companies, if the time you spend taking care of all that appears unreasonable. It can free up considerable bandwidth, resources, time and equipment and help gain more control on the payroll process. This can be preferable than setting up and managing payroll in-house.

Our dedicated team of experienced professionals has extensive knowledge of Payroll administration and compliances. Our goal is to make life easier for you and your company. We provide end-to-end payroll services from accounting to tax administration and reporting services. Outsourcing this process enables you to focus on core tasks to help you grow your business. Payroll Processing involves tedious routine work. Take advantage of our expertise and lighten routine administrative tasks by partnering with us.

The combination of comprehensive solutions, dedicated support and flexible offerings helps you easily manage employee information and simplify your entire payroll process. Taxnician specializes in payroll processing services and is a preferred partner for a substantial number of clients. We have more than 9 years of experience in business payroll processing and can process a considerable number of payroll records on a monthly basis. We provide more than 99% accuracy in payroll processing and have a team of highly qualified chartered accountants who focus exclusively on the payroll. We ensure confidentiality completely while providing transparent employee communication, meeting statutory requirements and doing basic payroll calculations, so as to provide end-to-end business payroll processing.

An Overview of Our Payroll Outsourcing Services:

• Paycheck and payroll sheet creation
• Tax preparation for deposition to state and federal agencies
• Calculation of state and federal taxes and check creation
• Annual, quarterly and monthly returns on a state-wide basis
• Preparation of state and federal returns
• Employee insurance deductions
• New company pension set up & RTI implementation.
• Generating Pay slips and sending to employees (fixed or variable, weekly or monthly).
• Provide gross to net summary of wages for employer & employee.
• Process statutory sick pay, statutory maternity pay, student loan deduction, tax credits, insurances, etc

Why Choose Taxnician as Your Payroll Service Provider?

• Reliability and continuity of service
• Opportunity for reduction of operating cost
• Accurate handling of legislative requirements
• Availability of more time for core business activities
• Flexible, accurate and timely delivery
• Improvement in management productivity and information
• Focus on continuous improvement of processes
• Generating Pay slips and sending to employees (fixed or variable, weekly or monthly).

Benefits of Outsourcing to Taxnician

• Flexibility: Outsourcing gives you higher flexibility with staffing along with time zone advantage during peak season.
• Simplified: Avoid the hassle of handling payroll in-house and focus on growing your business.
• Updated: Be assured that latest tax tables are being used with fast and accurate services
• Data Security: Strict data privacy and security regulations guarantee that your information is safe with us.

How We Process data

If customer is maintaining Payroll in Accounting Books, we will use the Software being used by customer. We can also work with cloud based tools (provided by third party) as QBOE, PayChex, and PayCycle etc.