Are you bogged down by paperwork, struggling to maintain accurate records, and falling behind on payroll processing? Without a reliable system, issues managing day-to-day finances can pile up quickly and be a major source of problems.
Delayed payrolls can lead to employee dissatisfaction, cash flow issues, and even compliance penalties. When your financial records aren’t organized, it becomes difficult to make informed business decisions, ultimately stunting your growth.
At Jennings, Hawley & Co., P.C., we offer reliable bookkeeping and payroll management services that take the stress out of financial record-keeping. We ensure your financials are accurate, up-to-date, and fully compliant with tax regulations, while keeping your payrolls processed on time, every time.
Who is this ideal for?
- Small to mid-sized businesses needing professional financial record-keeping.
- Business owners looking for seamless payroll management and compliance.
- Companies struggling with cash flow management and decision-making.
Services
- Full-Service Bookkeeping: Streamlined and accurate bookkeeping to keep your finances in order.
- Payroll Management: Ensure your employees are paid accurately and on time.
- Cash Flow Tracking: Stay on top of your cash flow with detailed reporting.
- Financial Statements: Monthly, quarterly, and annual financial statement preparation.
Value Proposition
By partnering with us, you’ll have accurate, real-time financial information at your fingertips, allowing you to make smart decisions for your business. With error-free payroll and financial statements, you’ll stay compliant while avoiding financial bottlenecks.
Streamline Your Finances Today!
Get in touch with us for a FREE 30-minute consultation and learn how our bookkeeping and payroll services can simplify your financial management.
- Call Us: (361) 884-8894
- Email Us: JHC@jenningshawley.com
Payroll Services With Jennings & Hawley
Jennings, Hawley & Co., P.C., where we redefines excellence in payroll services to empower businesses like yours. With a commitment to accuracy, efficiency, and compliance, our dedicated team is here to relieve you of the burdensome payroll tasks, allowing you to focus on what truly matters – growing your business.
Why Choose Jennings, Hawley & Co., P.C. for Payroll Services?
- Expertise and Experience: Our firm boasts a team of seasoned professionals with extensive expertise in payroll management. We understand the intricacies of payroll processing, tax regulations, and compliance requirements, ensuring that your payroll is handled with precision and adherence to the latest industry standards.
- Tailored Solutions for Your Business: At Jennings, Hawley & Co., P.C., we recognize that every business is unique. Our payroll services are not one-size-fits-all; instead, we tailor our solutions to meet the specific needs of your organization. Whether you’re a small startup or a large enterprise, we have the expertise to customize our services accordingly.
- Cutting-edge Technology: Staying ahead in the digital age is crucial for efficient payroll processing. Our firm employs state-of-the-art payroll software and technology to streamline the entire payroll process. This ensures accuracy, reduces processing time, and minimizes the risk of errors.
Our Comprehensive Payroll Services:
- Payroll Processing: Our payroll processing services cover everything from calculating employee wages and deductions to processing direct deposits. With our meticulous attention to detail, you can trust that your payroll will be accurate and delivered on time, every time.
- Tax Compliance: Navigating the complexities of payroll taxes can be a daunting task. Our experts stay up-to-date with the latest tax regulations, ensuring that your business remains compliant. We handle the preparation and filing of all payroll-related tax forms, providing you with peace of mind.
- Employee Self-Service Portals: Enhance employee satisfaction and engagement with our self-service portals. Employees can access their pay stubs, tax documents, and other relevant information online, reducing the administrative burden on your HR department.
- Custom Reporting: Gain valuable insights into your payroll data with our custom reporting services. We can generate reports tailored to your specific needs, allowing you to make informed decisions about your workforce and finances.
- HR Integration: Streamline your business processes by integrating our payroll services with your HR systems. This ensures seamless communication between payroll and HR departments, reducing the likelihood of errors and improving overall efficiency.
- Comprehensive Support: Our commitment to client satisfaction goes beyond just providing services. We offer ongoing support to address any questions or concerns you may have. Our responsive team is here to assist you, providing the support you need to keep your payroll operations running smoothly.
Benefits of Outsourcing Payroll to Jennings, Hawley & Co., P.C.:
- Cost Savings: Outsourcing your payroll to us can result in significant cost savings. Eliminate the need for expensive payroll software, training, and dedicated staff, allowing you to allocate resources more strategically within your organization.
- Time Efficiency: Free up valuable time by letting us handle your payroll tasks. This allows you to focus on core business activities, driving growth and profitability.
- Reduced Compliance Risks: Staying compliant with ever-changing tax laws and regulations is a challenging task. Our experts ensure that your payroll processes adhere to the latest standards, minimizing the risk of penalties and legal issues.
- Enhanced Security: Protect your sensitive payroll data with our secure systems and protocols. Our commitment to data security ensures that your information is handled with the utmost confidentiality and compliance.
Managing payroll can be a complicated and time-consuming process. Everything from calculating employee wages and deductions to making sure you’re in compliance with tax laws and regulations must be performed with meticulous detail, which is why many businesses choose to outsource their payroll to a CPA firm. The expertise and knowledge of a CPA can have many benefits for your business. Not to mention, the peace of mind it can provide. But you may still have some questions about payroll services and whether it’s right for your company.
Here are some common questions business owners ask about payroll services.
Payroll companies transfer money out of a business’s designated bank account to any appropriate parties. Employers are required to pay wages to their employees. They’re also required to withhold the right amount of taxes from each employee so it can be used to pay taxes to local, state, and federal governments. Companies are required to pay employment taxes at the state and national (and sometimes local) level in addition to filing tax reports every quarter. If you choose to outsource your payroll to another company, they will take care of those tax obligations on your behalf.
It’s up to you to decide on a payment schedule that works for your business model. Employees are usually happiest when they get paid weekly and is often seen as an additional perk for people in the workforce. Retail, construction, and skilled labor companies tend to pay their employees weekly more than many other industries. The only downside to this type of pay schedule is that it costs more than other pay frequencies.
Government agencies and educational institutions will typically pay on a monthly basis, but it’s usually not preferred by employees because they have to wait so long to get paid. It can be a great budgeting tool for employees, because they can pay all their expenses at once and not have to worry about any financial obligations for the rest of the month.
Bi-weekly payroll processing is the most common way for businesses to pay their employees. Having a direct deposit every other Friday is very common and will give employees 26 paycheck dates in a year. It also costs less than weekly payroll, because there aren’t as many fund transfers taking place.
Semi-monthly payroll works great for companies that pay regular commissions or tend to have a lag in funds from vendors and bureaucratic organizations. Paying on the 1st and 15th of every month is common, but other pay schedules (such as check dates on the 4th and 18th) can be used as well. This type of payroll processing happens 24 times a year, but there are a couple of times in the year when employees will earn more because some months will have more working days.
The payroll liabilities for any business will include federal, local, and state taxes. But the specific tax obligations that your company is subject to will depend on where you and your employees are located (which aren’t always in the same place). Each state will have an unemployment insurance tax that a payroll services provider will pay every quarter on your behalf. The provider will also file the following tax forms:
– Form 940
– Form 941
– Form W-3
– Form 1096
– Form 1099
All of these forms will be filed by the payroll services company on a regular basis.
Some payroll terms that are good for business owners to know include:
Deductions — Wages that are withheld from an employee’s earnings for the purpose of paying taxes, benefits, as well as other mandatory items or voluntary contributions.
Gross pay — Total pay before taxes and deductions.
Net pay — Take-home pay after taxes and deductions (which are subtracted from earnings).
Compensation — All monetary and non-monetary payments (including benefits) that the employee receives.
Pay stub — A document that lists all the factors (such as the number of hours worked, the rates paid for those hours, as well as deductions and benefits) that were used to calculate an employee’s pay for a specific period.
Jennings, Hawley & Co., P.C. is your trusted partner in payroll services, offering a blend of expertise, technology, and personalized solutions to meet the unique needs of your business. By outsourcing your payroll to us, you can enjoy the peace of mind that comes with knowing your payroll is in capable hands, allowing you to focus on what you do best – growing your business. Contact us today to explore how our comprehensive payroll services can elevate your business to new heights.