Payroll outsourcing for every kind of restaurant
A lot of restaurant owners and managers may not be sure how to do payroll properly. Whether someone is opening up a restaurant for the first time or they have been in the business for years and are looking for a way to prevent in house waste and payroll fraud, working with an company of restaurant payroll outsourcing experts could be the best way to go. Many of the state of these art restaurant payroll services can integrate easily with other back office processes and software including Intacct®, Quickbooks® and other accounting programs.
The most professional restaurant payroll processing company can handle both types of federal taxes involved with payroll. Employer payroll taxes are taxes that are not withheld from an employees check. With those taxes, the employer is responsible for their payment. Employee withholding taxes are taken from the employees total compensation and are paid by the employer on behalf of the employee. A typical small business owner needs to file 16 tax returns and 32 tax deposits each year. The right restaurant payroll solutions provider can help make sure that the risk of error is greatly reduced.
Businesses across the country pay millions of dollars worth of tax and labor compliance penalties each year. These and other hassles can easily be avoided by outsourcing to a firm with experience in restaurant payroll programs that is extremely well versed in compliance regulations. References: www.paychex.com