OUR PAYROLL SERVICE INCLUDES:
* FREE DIRECT DEPOSIT FOR W2 EMPLOYEES!
* FREE employee portal!
* FREE setup.
You send us your employee's hours, or you can have employees clock in and clock out using our time and attendance software for only $12 per month and $4 per employee.
Howard Tax Prep LLC verifies your payroll taxes are withheld and deposited; files your federal, state, and local tax payroll tax returns; issues W2 & 1099-NEC forms at the end of the year.
EMPLOYER REQUIREMENTS
** In order to process payroll, the employer MUST HAVE A BUSINESS BANK ACCOUNT (not a personal bank account that you use for business, but a bank account that has been registered to a business).**
- EFTPS letter from the IRS. Click here to see an example EFTPS letter.
- CP75 letter with EIN number. Click here to see an example CP75 letter.
- State employer number for withholding payments.
- State unemployment account.
EMPLOYEE REQUIREMENTS
In order to start direct deposit payroll for your employees, each employee must have:
- Valid Identification.
- Federal W4 form.
- State W4 form.
- TYPED direct deposit authorization form complete with bank name, routing number, and account number.
- Employee information sheet with name, email address, and mailing address.
Date of hire.
- Previous cash payments made. If no cash payments made, this is not necessary.
Please note that these forms can be provided to you at no cost should you choose our company to provide your payroll services.
Haven't set up your payroll tax payment accounts or reported your new hires? Let us help with our Payroll Tax Federal & State Account Setup Service for only $199.
In order to process payroll you must report new hires, setup federal and state tax payment accounts, and register for federal and state unemployment accounts. This service providers the reporting of new hires to the state, and the registration of: Federal income tax account, state income tax account, federal unemployment account, and state unemployment account. CLICK HERE TO GET STARTED NOW!