Payroll processing
What is it? Payments to employees and contractors made via direct deposit, on-boarding of new employees and contractors, an employee portal to view pay stubs and W-2’s, termination assistance, payroll tax filings and electronic payments to federal and state agencies.
What is the typical outcome? A simple process, compliance, efficiency and consistency.
How it is delivered? Gusto software.
What factors affect the cost? Number of employees, frequency of payroll, salaried or hourly employees and number of states employees work in.
Employee benefits management
What is it? Open enrollment, payroll deductions, renewals, cancellations, customer service, COBRA support.
What is the typical outcome? A simplified process, access to experts on this complex topic and confidence that your company is complying with all requirements.
How is it delivered? Gusto software.
What factors affect the cost? Number of employees, frequency of payroll, salaried or hourly employees and number of states employees work in.
Filing of W-2 forms
What is it? An annual compliance filing required by the IRS and due on January 31st each year.
What is the typical outcome? A simplified process, access to experts if you need corrections and confidence that your company is complying with all requirements.
How is it delivered? Gusto software.
What factors affect the cost? Number of employees.
Year end calculations for shareholders
What is it? Calculate reasonable compensation, safe harbor and estimated tax payments for shareholders.
What is the typical outcome? Accurate W-2’s to employee owners, reduced penalties from the IRS and personalized guidance throughout the year for your estimated tax payments.
How is it delivered? Gusto software.
What factors affect the cost? Number of shareholders.