Comply With All Payroll Regulations – Stress Free!

In January 15, 2016
On News
1253 Views

If you’ve ever tried to do your own payroll as a small business owner, you are most likely aware that the United States Department of Labor lays forth dozens of rules and regulations regarding payroll.  Complying with these rules is serious business, so doing payroll right is a time-consuming process that requires both careful work and consistent research.  Additionally, state and local governments sometimes add additional regulations—further complicating an already complex situation. In this article, we’re going to break down the “non-compliance” situation and propose an important solution.

Non-Compliance

These can be quite stressful to deal with–but even worse, businesses can face hefty fines and harsh penalties for failing to comply. Each and every year, for example, the IRS hands out millions of dollars of fines to businesses simply for payroll related non-compliance.  Perhaps the most shocking aspect of this, though, is that the large majority of businesses that face such fines are small businesses.  Though it may strike you as unfair, this actually does make sense when you consider it carefully.  Most medium and large businesses either have an HR department so large that adequate attention can be paid to all aspects of payroll, or these companies may simply outsource their payroll operations to experts.

Big-business efficiency at a small business cost!

Fortunately, in this day and age, it is not necessary for small businesses to endure such fines for non-compliance.  Companies such as Precise Payroll exist for the purpose of allowing the “little guys” to outsource their payroll operations in the same way that big businesses have been doing for years. No more worrying about non-compliance–we handle payroll so that you don’t have to!  Eliminate the risk, eliminate the fines, and eliminate the stress--contact us today for more information!

Leave A Comment