With payroll services in Winter Park will collect wage and hour information from the employer and use that information to calculate gross wages, subtract all pertinent withholdings and deductions, print checks, make direct deposits and prepare all employment tax filings. The service will also mail out W-2 and 1099 forms and resolve any inquiries from the IRS or other government agency. Some payroll services offer more comprehensive help.
They can take over some of the responsibilities typically handled internally by human resources, like administrating a company’s retirement accounts and benefits programs. They can file new employee forms with the state and help comply with any court-ordered wage garnishment programs. Some payroll services even offer a free phone helpline for any questions related to human resources or payroll.