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Medway MA, CPA

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Tax Year 2018  Have My Law Firm's Tax Return Prepared

Accounting, Bookkeeping and Tax Services for Small Law Firms

Law Firm Accounting - Payroll Processing Services

payrollWhen you own a law firm (small business), if you have even one member on your staff, you are responsible for payroll. This may sound like a simple concept, but this individual exchange brings with it a variety of complexities you may not have considered. Whether you bring our team on for a short-term project that helps you set up your payroll, or if you choose us to provide you with long-term payroll services, you will quickly appreciate the benefit of your decision.

Why You Should Hire Professionals

Placing even a single employee on payroll immediately grants you a vast medley of responsibilities. Allowing professionals to take over this task will allow you to focus on other more pressing aspects of your business that can make or break your success from day to day. Consider the following benefits of hiring a professional payroll service:

  • We know the payroll requirements of local, state, and federal agencies
  • Our team knows how to handle withholdings
  • We will handle the reporting and depositing of payroll taxes to the appropriate agencies
  • You save time, energy, and money by delegating this responsibility to a qualified team
  • We will create a streamlined approach to payroll, either with our own services, or will monitor the payments made by a third party

Our Payroll Services

We offer a variety of bookkeeping services to our clients, because we know every small business has different requirements and goals. We offering the following payroll service options:

  • Small Business Payroll: We will provide payroll services for you, including mailing out checks to your employees and tracking all payments
  • Third Party Payroll: We will work with an outsourcing company, to track their services and input the accounting information into

Payroll Taxes

Talk to any CPA or IRS agent and they will tell you: One of the most overlooked risks of owning a small business is the improper filing of payroll taxes. You may quickly find yourself owing several thousands to hundreds of thousands of dollars as a result of not filing, inaccurate filing, or late filing, which quickly accumulates fees and penalties. Withholding certain employee taxes, which are paid to the government is required by law. Rather than attempting to figure this out on your own, while furnishing employees with the proper forms, allow our team to handle payroll taxes, which include the following:

  • Federal Tax Withholdings
  • State Income Tax
  • Local Tax Withholdings
  • Social Security Tax
  • Medicare Tax
  • Additional Medicare Tax