Handling of Payroll Tax and Business compliance
Handling compliance with federal and state regulations, monthly/ bi-monthly/ weekly check payments, filing taxes that support federal Medicare, Social Security and unemployment funds, automatic check signatures, and direct deposits. Reimbursement against expenses, including reporting, balance computation, vetting of documents, approval, and submission of claims, etc
We also interact with the authorities concerning the registration of your company, such as income tax, labor welfare, provident fund, and professional tax authorities and for USA clients particularly including calculation related to corporate & household employees like Social Security Tax, Medicare Tax, Federal Withholding Tax, State Withholding Tax, 401K calculation & Unemployment Insurance etc. and preparation of payroll returns for Federal & State including Form 941, Form 940 (Futa), W-2’s and W-3’s, State tax return (NYS-45, NJ State, MD State, SC State, NC State, Ohio, WV etc.)