Automated payroll processing, tax withholding, and reporting. Our payroll services ensure accurate and timely payroll processing, compliance with federal and state labor laws, and proper tax withholding. Avoid penalties for late or incorrect payroll submissions and keep your employees satisfied.
Payroll Taxes
If wages are documented but payroll taxes are not paid, the business can face significant penalties, including interest on unpaid taxes, monetary fines, and potential criminal charges The IRS can also seize assets, garnish wages, or take funds directly from the business's bank account.
Under the Table Off the Books
If the government discovers that wages are not being reported, it can lead to severe penalties, including fines and back taxes. Businesses may also face legal action, and responsible parties could be held personally liable for unpaid wages.