Top Reasons to Outsource Your Payroll to SMB CPAs
When it comes to managing your business – no matter how big or small – we understand you have plenty to manage without thinking about payroll, taxes, or accounting needs. That’s why we’re here to help: to give you the professional, trusted support your business needs and to be a reliable partner.
How SMB CPAs Can Help
One of the ways we help many businesses is managing the preparation of their payroll and payroll tax reporting. There are many benefits to outsourcing these tasks to a professional. Businesses and nonprofits are both ideal candidates for outsourcing payroll, no matter their size. One of the benefits of working with SMB CPAs is that we process payroll timely, and based on your needs. This can include manual checks or direct deposit for employees. We also file and pay all of your payroll taxes, and can file all payroll tax returns that are required, including monthly, quarterly, and yearly returns and processing of W-2s.
Benefits of Having Professional Support
We sat down with our own Robbie Lear and she shared some of the top benefits businesses can receive when they outsource their payroll to a professional like Sanders, Myers & Blackwell, CPAs.
- Outsourcing Payroll Saves Time. It’s no secret payroll can be time consuming and sometimes complicated due to the deadlines and tax requirements. Outsourcing payroll take that burden away from the business and allows them to focus on their other priorities. We often hear from business owners that they knew it was time to outsource their payroll when they’re spending more time than they’d like on payroll alone and need to spend that time other business needs. This is especially the case for a small business owner that is typically juggling a majority of business tasks on their own.
- Get Peace of Mind. When you outsource your payroll to SMB CPAs, there is peace of mind knowing that the work is being done by a professional, will be run correctly, and on time using the most up-to-date technology. Not only does all of this provide confidence and assurance that payroll is being completed with care, but outsourcing payroll to SMB also ensures that businesses are filing and paying payroll taxes and reports in a timely manner, which avoids costly penalties and mistakes.
- Stay Secure and Within Compliance. Because we’re professionals and payroll management is a core competency of our business, we are always up to date on the latest laws and filing deadlines, which means our clients don’t have to worry about fines and fees for missing payroll deadlines. Additionally, there are security benefits for outsourcing payroll to a trusted partner like SMB CPAs: your information is secure offsite and not in-house where there could be a risk for embezzlement or identity theft.
Have any further questions or want to talk to SMB about how we can help you based on your payroll needs? Don’t hesitate to contact us! Give us a call at (417) 408-8822 to get started.