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.

Leave Payroll Taxes to the Professionals

For business owners, understanding the complexities of payroll taxes can be a difficult and demanding prospect and in-house bookkeeping services may not always provide the level of accuracy that is required. Considering the importance of complying with these requirements, it is a wise business decision to seek professional help with accounting payroll taxes.

What Are the Types of Payroll Taxes?

There are several payroll taxes that are deducted from the wages of employees and there are taxes that the employer pays based on the employee’s wages. These include:

  • Federal Income tax
  • Social Security tax
  • Medicare tax
  • State income tax
  • Local tax withholding’s (such as county, city or school district taxes or unemployment insurance)

Accounting Expertise Required

Calculating the various payroll deductions requires a high degree of accuracy by the accountant and along with having knowledge of payroll taxes, an understanding of when to file is required. Payroll taxes have to be filed quarterly as do deposits for federal and state income tax and unemployment insurance.

Your accounting services firm can help you manage salaries and wages, as well as employee benefits along with the necessary withholding’s. Payroll check processing is another benefit of the specialized services that are offered.

Time Savings

A benefit of outsourcing your accounting payroll taxes is the time that is saved in managing an in-house bookkeeping staff. As a business owner you do not need to be involved in the hiring, retaining and overseeing of staff if you hire a professional service, so you can focus your energy on other areas.

Cost Savings

When you use professional accounting services instead of hiring a full time employee, it is possible to save money since you avoid employee expenses and benefits. You also do not need to provide work space, computers or office furniture, which add up to a significant cost savings.

Accounting professionals are specialists in the work they do and they are the perfect resources for handling your accounting payroll taxes. As a busy business owner, you can rest assured that your accounting and payroll will be handled well by experts in their field.