15760 Ventura Blvd, Suite 610 Encino, CA 91436
FREE CONSULTATION818-436-2775
15760 Ventura Blvd, Suite 610 Encino, CA 91436
FREE CONSULTATION818-436-2775
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Personal, Affordable Payroll Services, Bookkeeping, and Tax Processing for Small Business throughout Los Angeles County.

Before You Dismiss Payroll Partners …

Using a trusted payroll partner has plenty of perks, many of which small business owners might not consider as much as the added cost of outsourcing their accounting. If you consider yourself a savvy owner, you’ll want to consider the benefits associated with outside bookkeeping before dismissing it altogether.

If you’ve set up your own payroll — particularly if you have limited experience with accounting — you probably know how difficult it is to prevent mistakes. One simple gaffe like failing to distinguish your actual employees from independent contractors can adversely impact your bottom line, something sure to haunt you during tax season. An experienced payroll service calculates wages perfectly and efficiently within each pay period, preventing any costly oversights. It’s also worth mentioning how much time these services can save you, freeing you up to pursue the parts of your business that actually generate revenue.

One catalyst for errant payroll includes all those moving pieces, nuances that otherwise fly under the radar. For instance, failing to do something as simple as recording a paper check can make your tax situation worse for wear. Business owners have no shortage of things to keep tabs on, and those that handle their own books are especially susceptible to these errors. Those who are pressed for time often fail to record physical checks for bonuses and payday advances, throwing their books off balance.

Speaking of time savings, outsourcing your bookkeeping also ensures deposits are made on time and correctly. After you’ve removed tax funds from your employees and contributed tax funds from the business, it’s essential you know exactly when and how those funds are to be deposited. When setting up your own payroll, you’ll inevitably be confronted with questions like, how often should I be making deposits, what forms do I need, etcetera … Your payroll partner thoroughly understands these tax liabilities, meaning you don’t have to worry about them whatsoever.

A good payroll partner will make sure that your State Unemployment Insurance is up to date. You could potentially receive a new SUI rate that impacts your payroll system, opening the door to improper filings. Professional payroll management accountants see that your business isn’t wracked with the associated fines.

Do you manage your payroll internally? Know that nearly 40 percent of small businesses pay out $1,000 in fines annually due to their own mistakes and negligence. If you’re unwilling to become yet another statistic, it’s time to get connected with an experienced payroll partner. Accounting Taxes Payroll Partners (ATPP) will put their accounting expertise to work for your small business, giving you more time to focus on the areas of your business where you excel. Get in touch with a team member by calling 818-436-2775 or visit our site to learn more about our services.