Owning your own business can be one of the most rewarding of life experiences. Becoming your own boss and then reaping the benefits from being able to employ other individuals who provide for their own families can create quite the sense of accomplishment. However, these things are not easily ascertained and when achieved should be treated with respect and a diligence to maintain a level of success into the future.
Much time and dedication is required in order to fulfill these responsibilities and as a business owner there will be numerous things on which to focus. Instead of allowing payroll to be a hindrance and weekly, bi-weekly, or monthly hassle, consider allowing a trained professional the opportunity to ease some of the burden and lift a few of the responsibilities off your plate.
Doing so will create more ‘free time’ but as any business owner knows these extra hours will likely be put right back into the company. While it may not be on time figuring correct pay for employees, paying taxes, or deciding what withholdings should be administered, the saved moments can instead be put to use finding out ways for your company or organization to increase their profits.
Payroll, depending on frequency and the number of employees, can create quite the headache for any owner but especially someone just starting out in the business world. By utilizing the help of a trained professional, many of the hiccups or shortfalls which could potentially occur can be avoided. Typically, a business owner is an expert in their field but knowing how to bake cakes, tie fishing flies, create promotional campaigns, or any other concept which can be at the foundation of a company doesn’t mean the individual understands all of the intricacies of taxes and payroll.
Payroll taxes and employer responsibilities
can be complicated but are vital to keeping employees happy and following the law. Making sure those for which you are responsible are properly taken care of and staying on the right side of the federal government and Internal Revenue Service (IRS) will be critical to creating a lasting business that is built for success now and well into the future.
If you need assistance with calculations and all forms or returns associated with payroll then the accounting experts at Bloch, Rothman, and Associates
will be pleased to assist you. Our associates can help ensure your company is properly distributing funds and following all federal requirements in terms of paying taxes and keeping withholdings from your employees. Known for also providing expert tax advice and assistance, they can help with a variety of accounting, bookkeeping and any of the previously mentioned payroll options on an individual or business level. Whether you need an explanation for a random tax form, are potentially in need of appropriate representation in tax court, or could use help in potentially a variety of other various services our tax experts are ready and willing to assist. Call 303-321-7160 or contact us
for your initial free no obligation consultation.