Outsource Your Payroll No business is too small to use a payroll service.
Even a company with fewer than five employees can benefit fromoutsourcing its payroll. But before you hire a payroll service,take these smart steps:
- Check out the service's reputation. Ask for references fromclients, accountants and bankers.
- Ask about the specific services available. Some companies helpwith payroll deductions and direct deposits.
- Make sure the service knows about all the federal and stategovernment requirements and regulations. Good services give youbrochures to keep you informed.
- Rates are based on your number of employees and how oftenthey're paid. It costs more to handle weekly payrolls thanbiweekly ones.
- Still hesitant? You can handle payroll yourself with specialpayroll software, but then it's your responsibility to keep upwith changing regulations.
