| Payroll administration services for small businesses | | | | returns |
| cater specifically to their resource saving needs. | | | | • FICA, FIT & SIT tax withholdings |
| All organizations need to save costs, and that's | | | | • Customized reports such as job cost |
| especially true for small businesses. They can | | | | accounting and cost allocation reports |
| ensure that by getting their non-core | | | | • Filing of FICA, FUTA, SUTA quarterly |
| responsibilities out of the way, which can only be | | | | reports |
| possible by outsourcing them to a PEO. A PEO is | | | | • New hire reporting |
| an organization that offers efficient human | | | | • Federal payroll summaries |
| resource management solutions for organizations | | | | • Production and delivery of W-2s |
| of varied sizes and structures. Administering | | | | • Wage/hour law compliance |
| payroll is one of the most extensive | | | | • Paid leave program management |
| responsibilities involved in HR management, and | | | | • Vacation & sick time accruals |
| one that small businesses would do well to | | | | • Department summary |
| outsource. | | | | • Catering to multiple worksites |
| Payroll administration services for small businesses | | | | PEOs offer cost-effective solutions in all other |
| consist of a range of solutions dealing with the | | | | areas of HR management as well, including |
| following disciplines: | | | | recruitment, training, benefits administration, |
| • Delivery of paychecks and stubs, with | | | | Federal and state regulatory compliance, risk |
| checks drawn on the PEO's account | | | | management (compliance to OSHA and other |
| • Direct deposit to multiple bank accounts | | | | workplace safety standards), immigration |
| • Section 125 pre-tax administration | | | | compliance, and more. |
| • Payroll deductions, garnishments and levies | | | | Payroll administration services for small businesses |
| • Flexible spending accounts | | | | can help them attain profitability through resource |
| • Federal and State payroll tax deposits and | | | | savings that lead to cost-effective operation. |