Payroll Tax Management
As an Employer of Record, Strategic Contracting Services is responsible for payroll tax management and compliance. By taking on a client company’s liability, an Employer of Record removes a major burden of worry from the shoulders of business owners.
You and your business deserve freedom from the weight of dealing with payroll taxes.
Payroll Tax Management and Small Business Owners
According to the National Small Business Association, 40% of small businesses incur an average of $845 in IRS penalties each year. A significant reason for these added penalties is poor payroll tax management.
Many business owners are surprised to learn that they might be personally liable for the payment of payroll taxes. Even if the company hires an external accountant to manage payroll taxes, a business owner can still be held liable.
When it comes to payroll tax management, the goal of Strategic Contracting Services is clear. We want to decrease your responsibilities and liabilities for your payroll and taxes. We will handle the details, from filing the necessary paperwork to ongoing maintenance of tax records.
Most importantly, we will keep you in compliance with the both the Internal Revenue Service and your local state taxing agency.
When you don’t have to sweat taxes, it’s so much easier to do your job. When your company can focus on what it does best, success is the most likely outcome.
Employees and Payroll Tax Management
Beyond payroll tax management for your company, Strategic Contracting Services also manages payroll taxes for your employees. We give both employers and employees the power to access payroll tax data and tax information specific to them.
Indeed, such payroll tax data is available anytime, and anywhere there is an internet connection. After all, continual access is important for both employers and employees.
Moreover, we understand that such data is no longer accessed only on computers. Given the personal device revolution, we make sure that the payroll tax employee portal is optimized for mobile access as well.
The Primary Employer Accepts Liability and Responsibility
When it comes to payroll tax management, an employer of record becomes the primary employer of your company’s employees regarding payroll processing and payroll tax management. For tax purposes from the perspective of the IRS and the state taxing agencies, we become responsible for the tax liability.
Through payroll tax management, the weight of payroll processing and payroll taxes, including official liability, is shifted to us. You are free to prosper during the day and sleep well at night.
If you're interested in our services use our Get Started Today page to arrange a consultation.