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PAYROLL SERVICES
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I can tailor payroll services to suit your needs. I will gladly show you how to set up payroll for yourself, or I'll do
that chore for you for much less than you will pay for a payroll service such as QuickBooks or Paychecks.
Please
call or email me and let me show you how easy this really is!
QuickBooks would like you to believe you MUST subscribe to their service at a cost of several hundred $$! One client recently showed me where they were paying QuickBooks $59.95/mo for payroll services even though their payroll was inactive. They were also paying $4.95 for an online backup service. Most of you can backup your QB and email it to yourself for FREE!
HOUSEHOLD EMPLOYERS
Did you realize that workers who perform work in and/or around your home such as babysitters, maids, yardworkers, etc, are really classified as your employees? As such, you are required to withhold Social Security taxes from their pay and/or match or pay your share plus their share. You make the payments with your estimated tax payments or increasing your own federal income tax withheld from your pay. You are required to file this information on Schedule H with your federal income tax return each year. Additionally, TN requires you to establish an employer ID# and report these wages for unemployment tax purposes, too.
Please call me to help you set up a payroll system. It's really not terribly difficult.
You can read more about this in the following IRS publication. Pub.926 Household Employers
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