Benefits of Utilizing an HRO for Payroll Tax Services

Why should you go for HRO for Payroll Tax Services?

● 33% of small to mid-sized business owners say that they are uncomfortable completing payroll and navigating taxes on their own.

Thankfully, HRO services can help you with this issue.

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Save Time● By having a team of payroll experts

process your payroll, you and your team can save time each week.

● By taking even further steps and assisting business owners with deductions and taxes, you can save even more time when it comes to filing.

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Managing DeductionsThe payroll experts within an HRO will help you tackle both:

Statutory payroll tax deductions

Voluntary payroll deductions

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Statutory payroll tax deductionsSocial security tax

State income tax

Medicare tax

Federal income tax

Voluntary payroll deductionsHealth insurance premiums

Retirement plan contributions

Report and Deposit promptly● Form 940, Employer's Annual Federal Unemployment Tax Return● Form 941, Employer's Quarterly Federal Tax Return

There are also informational tax forms that businesses need toprovide their employees for their tax returns, including:

● W-2, Wage and Tax Statement● W-3, Transmittal of Wage and Tax Statements

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Looking for Help?While completing payroll taxes can be atime-consuming and complicatedprocess, it doesn't have to be.

Utilizing an HRO service can help youavoid extra stress, costs, and time.

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Contact us! https://www.synchronyhr.com/

[email protected]

(314) 222-5770

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https://www.synchronyhr.com/mailto:[email protected]

Thank You!

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Benefits of Utilizing an HRO for Payroll Tax Services - Synchrony Hr

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