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What does payroll processing include?

April 26, 2017Business Finance payroll small small business

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What does payroll processing include?

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time entry, state federal local taxes, cafeteria plan, insurance, employee purchase, garnishments, child support, and retirement stuff. possibly 941 & 940 federal forms, and state quarterly forms. That’s all I remember right now but it’s really not that difficult. Depending on the size of the company payroll you may make tax deposits bi-weekly or monthly or quarterly.