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Saturday 28 March 2015

PAYROLL MANAGEMENT: WHY OUTSOURCE



When it comes to paying employees, the tax laws and other laws,and the various state board of internal revenue have made the payroll function a time consuming nightmare for the small business owner.Most small business lack the professional expertise to manage their payroll and hence often fall foul of the tax laws and get into trouble with the tax authorities. Beyond the tax authorities, there are several other statutory payroll remmitances that must be made on behalf of employees by employers such as Pension,NSITF and ITF. And the small business owners that have the expertise spend an average of twentyfour hours a month performing payroll functions. That's 12 full days a year that could be spent generating sales, prospecting new business opportunities, improving products or services, or servicing customers.
Hillcrest Professionals, an Accounting firm offers payroll solutions that meet your business's needs and enable you to spend time doing what you do best--running your company.

Why Outsource Your Payroll...
  • It's Cost Effective
    Use your staff more efficiently by letting professionals handle payroll and the associated legal details. Reduce overhead by removing the need to hire specialized employees.
     
  • It's a Time Saver
    Our payroll service eliminates the burden of customizing, updating and maintaining your own payroll system--no more data entry, no more researching updates or new laws, no more worries.
     
  • Worry Free Payroll Tax Filing
    Eliminate the risks of calculating and filing your own payroll taxes by having professionals do it for you. Federal, state and local payroll tax laws are frequently changing and becoming more complex.  How much time do you want to spend  learning all the rules and keeping your information up to date?
     
  • Allows You To Focus On Core Competencies
    Our professional staff allow you to focus on the core competencies of your business. We are accounting professionals--you get the experts working for you and with you.
     
  • Comprehensive Reports
    You get a wide variety of user-friendly and accurate payroll reports.

Get the Payroll Solution That Best Fits Your Needs.
When it comes to payroll service - no one size fits all. That's why Hillcrest Professionals offer the following custom payroll processing options.

1. Comprehensive Payroll Services
Our Comprehensive Payroll Service takes care of all of the payroll processing for you, so that you won't have to. You get...
  • Your payroll checks to the State IRS is paid on-time, every-time thereby avoiding penalties.
  • Worry Free State IRS tax reporting.
  • Filing annual payroll tax returns.
  • Detailed reports on your employee's personal circumstances to obtain the best rebate..
  • Creation and filing of the required new employee returns.
  • Obtain electronic TCC for staff.
  • Your payroll records maintained up to date.
Custom Payroll Reports Service
There seems to be an endless amount of special reports and compliance Government agencies require.Hillcrest Professionals ensures the following for you.
  • Employee Compensation scheme audit
  • ITF monthly remmitance in compliance with federal laws.
  • NSITF monthlyremiitance for employee compesation in compliance with federal laws
  • Pension remitance in compliance with federal laws..
  • Obtaining pension certificate for the company.
For free Consultation on Payroll Processing Services please call 08039286522 or email hillcrestpro@gmail.com.

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