Why Outsource Your Payroll?
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Now that you have formed an LLC-S election or S corporation, there are a few items you need to be aware of:

• According to IRS guidelines, even a one man company in an LLC-S or S Corporation is required to make the owner an employee. 
• Once the owner becomes an employee the business will need to file quarterly and annual payroll tax returns. 
• The IRS expects owner-employees to pay themselves a reasonable wage because they watch carefully for owners looking to avoid taxation.

 CompuPay can easily accommodate these payroll requirements.

Items to keep in mind when choosing a payroll solution:

Consider the facts.

• Small and mid-sized companies are especially vulnerable to fraud, because they usually don't segregate duties. One person may be in charge of accounting records and cash receipts, making it easier to conceal fraud.
• Bookkeepers who do payroll aren’t held liable for the accuracy and timeliness of tax calculations and payments…ultimately it is still the owner’s responsibility.  Any errors in calculations or late payments can result in costly penalties.
• Make sure your solution provider has a reputable name in the payroll industry and has been doing business for a while.  They should guarantee all tax work, and be liable for correcting any mistakes and pay any penalties if they were at fault.
• The IRS reports that over 40% of all small businesses have an average of $845 in fines each year. 

That is why more and more businesses like yours have chosen to outsource their payroll to CompuPay, Inc.  Outsourcing payroll with a national company like CompuPay, can give you the peace of mind that your payroll taxes are being calculated and remitted to the appropriate federal and state agencies with a 100% guarantee behind us.  We have been helping the smaller business owner outsource their payroll needs for over 27 years.

Your company is unique and you want systems that can adapt to your specific needs – solutions that are efficient, dependable and flexible.  CompuPay Inc makes payroll simple and cost-effective, regardless of your company’s size.  As a payroll client, you can take advantage of a full range of services including:

• Nationwide payroll, tax filing and compliance with 100% guarantee
• Bonded, Licensed and Insured
• Largest privately held payroll company in the nation
• Multiple check, direct deposit and paycard options
• Web reporting
• Bundled pricing with no hidden fees
• Personalized customer service
• State mandated new hire reporting
• Worker’s compensation insurance

 

For more information, or to find out how to get started, please contact:

Mary Martina, District Manager
602-264-5500 x 5179 (office)
602-717-3711 (cell)
email: marymartina@compupay.com