Payroll is more than calculating what employees and contractors need to be paid.
We manage payroll administration, including compensation calculations, tax withholdings, payroll tax filings and payments, Forms W-2, contractor reporting such as Form 1099-NEC and other recurring requirements. We also assist with payroll registrations and setup when a business hires employees in a new state or jurisdiction.
How an individual is engaged determines many of the payroll and reporting requirements that follow.
Employee and independent contractor arrangements carry different tax, withholding and reporting obligations, making proper classification important from the outset (see Contractor vs. Employee Structuring). We work closely with the company's accounting and tax functions and, where needed, bring in payroll providers and other professionals across different jurisdictions.
We can handle the payroll function on an ongoing basis or work alongside internal finance and HR teams as the workforce grows.