ePayroll: Online Payroll Services

Online ePayroll payroll services are bound to have advantages, from complicated handling of 401k and tax filings to simply providing direct deposit service. Be sure to familiarize yourself with the attributes that will allow you to select an online payroll service that is right for your business.

Direct deposit is one of the most common on the net epayroll features. Instead of your business needing to create and deliver regular checks, direct deposit allows workers’ payroll to be easily transferred to your checking account. If this is really the only feature you are looking for, you may not need to pay money for a web payroll service. You should be able to get the ability to make direct deposits through your bank or ACH service.

Filing taxes is an excellent aspect that is made available by various electronic payroll services. With this function they will manage the filling of payroll taxes. This is typically for all of your payroll taxes. If you want this attribute, you’ll want to use a company that ensures the accuracy of tax returns and takes legal responsibility in the event of an erroneous tax return.

W-2 services mean you no longer have to prepare W-2 forms for your staff each year. With this function, your online payroll service does it for you. Plus, the electronic payroll service saves W-2 forms so your workers can go to the payroll merchant to change their tax withholding at any time instead of bothering you or your human resources staff.

1099 contractors can be a headache and keeping up with 1099s can be frustrating when you use independent contractors. Various electronic payroll services handle this on your behalf in addition to compensating your regular W-2 workforce.

Documentation of new employees is usually handled by the payroll service. This usually means that you don’t have to bother filling out the proper paperwork every time you hire someone. The online electronic payroll service can take care of filling out the correct paperwork and sending it to the correct agencies.

Verification of new hires is a problem, especially with the growing concern about illegal immigration and illegal employees. If you wish, some electronic payroll providers can perform record checks and verify worker status for new hires.

Vacation and sick day records are tracked by online payroll providers. Often times, your workers can check a web portal to find out how many days they have left.

Non-tax payroll deductions can be significantly problematic to maintain. This ranges from 401k benefits to child support compensation and judgments enforced by the courts. Many online payroll providers can handle this for you, and again, your employees can often deal directly with the payroll provider regarding deduction-related issues.

Accounting integration is an important element. The most common accounting application is QuickBooks, and several online payroll providers integrate with QuickBooks. Some also integrate with other accounting applications.