The Benefits of Outsourcing Payroll Services

The Benefits of Outsourcing Payroll Services
The Benefits of Outsourcing Payroll Services

The Benefits of Outsourcing Payroll Services

The Benefits of Outsourcing Payroll Services

Payroll services is one of the most important bookkeeping functions of any business, regardless

of size or structure. In addition to being time-consuming and often tedious, payroll functions

require a high level of knowledge and expertise in order to administer them well. Moreover,

they require a thorough knowledge of payroll tax law and strict attention to filing and payment

requirements so as not to suffer the severe financial consequences of failing to meet payroll tax

compliance requirements. Because of their importance and complexity, payroll services are

often outsourced. This allows them to receive the attention of experts, while freeing up the

business to focus its internal energy on those activities that increase profitability and promote

long term growth. Some of the advantages of outsourcing payroll services are discussed below.

Gain Access to Latest Payroll Software

One of the primary advantages of outsourcing payroll services is that it will ensure that your

company’s payroll is being processed with the latest and most sophisticated payroll software.

Because payroll service providers process payroll all day, every day, they generally use the best

and most advanced payroll software. In addition, they have the knowledge and experience

necessary to know how to most effectively apply the features of their software to the specific

payroll service needs of each client.

Benefit from Software Features

Payroll services software has a myriad of features including, but not limited to, 401(k) tracking,

vacation and leave tracking, employee benefits administration, time and attendance

management, payroll tax administration, wage garnishment processing, W-2 preparation,

accounting integration and check printing. Because it is complex and constantly being updated,

it requires and expert to utilize it to its fullest advantage, an advantage that will be realized by

the outsourcing of payroll services to an experienced payroll services provider.

Increase Tax Benefits and Compliance

An outside payroll services provider will monitor payroll tax laws for the purpose of ensuring

that their clients remain tax compliant and receive any available tax benefits. These providers

make it their business to understand the tax laws governing payroll services and are set up to

make sure that their clients comply with all of its applicable provisions. They submit both

quarterly and annual payroll tax returns according to the time constraints set by the IRS and

make prompt and accurate payroll tax deposits, thus avoiding the stiff Trust Fund Recovery

Penalties that are assessed for late payroll tax payments.

If your business is seeking an outsourced bookkeeping solution, the experienced professionals

at Orange County Bookkeeping can provide you with the expertise you are looking for. Our

licensed accountants and bookkeepers are equipped to serve Orange County businesses of any

size, structure or industry focus. Visit us today at

to learn more about our full range of bookkeeping, tax and business consulting services. Contact us by phone

at 949.242.9852 at or by email at to receive a free, no obligation


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