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Sometimes it is okay to do it yourself and sometimes it is not worth your time. Many times we try to be a do-it-yourselfer because the task can be done just as well in house, it costs too much money, or for the satisfaction of getting the job done without any help. This article explores why sometimes doing it yourself can be a deadly sin of payroll.
Just about the time I start typing 2014 for dates, we are already at Christmas and Year-End time. In payroll, this is huge as there are new tax rates, laws, and deduction changes moving into the new year. It’s always good to have a handle on what you need to know and what needs to be submitted to us for a successful transition from 2014 to 2015.
Nothing will eat you up faster than not paying your payroll taxes. Thought I’d just lead with that simple truth – after all, these are deadly payroll sins we are talking about. Sadly, this sin is one that I’ve seen time and time again, and as is the case with so many sins, it often starts off with good intentions and rarely does it begin with the intent to evade taxes.
Complete Payroll Services is locally owned and based in Little Rock, Arkansas. CPS offers payroll, timekeeping, and human resources to companies in all 50 states, and we can help almost every size and type of company benefit from payroll outsourcing. Our experienced team includes two Certified Payroll Professionals – so you can be confident that we stay abreast of the latest tax changes and technological advances.