One thing the Internal Revenue Service is very strict about is payroll tax filing. As an organization with a number of employees, you need to calculate their tax and pay it back to the IRS.
Quarterly payroll tax filing is often done quarterly and there are serious laws guiding when to deposit and when to file the payroll tax returns.
Payroll tax filing is supposed to be done promptly and without errors, plus it is quite a stressful process that takes time. Also, huge amounts of money might be lost if payroll tax filing isn’t properly done.
The penalties for late payroll tax filing might lead to losing more money. For instance, if you are at most five days late in paying, you get to pay an additional 2% of the total tax. If you are 6-15 days late, you’ll be paying a 5% fine and anything above that incurs a 10% payment. Being late in the filing is even worse. Penalties for late filing can be as much as 25% of the total tax due with the return, although you might be given grace if you have a good reason for showing up late.
You do not have to go through all of that. That is why you need to find a reliable agency to help you out.
Where is your business located? Is it Alhambra?
For payroll tax filing Alhambra, you should consult e-pay payroll for reliable assistance.
It isn’t just enough to hire an agency that understands how payroll is done or how to calculate the withholding taxes, it is also important that they understand the tax laws of the state where your business is located. You can count on e-pay payroll.
We have mastered the tax laws of California and especially Alhambra. We are a company with three decades of experience in handling payroll tax filing for both small and big business in the city.
We have a team of some the best heads in payroll and filing of tax returns. It is important to know that while we can work for big companies; our main targets are smaller businesses. It is our aim to see them grow and compete in the market.
We have thousands of loyal clients all over America and that is because of our quality services and passionate dedication.
Contact e-pay payroll today and put a permanent stop to fretting whenever it is time to file your withholding tax returns. Call us (866) 340-8132 today to begin.