Why Outsource Your Payroll?

Why Outsource Payroll

While some businesses opt to handle payroll functions in-house through manual bookkeeping or do-it-yourself payroll apps, other business owners have come to prefer the expertise of a professional payroll provider. When considering whether to outsource this function, the time and resources required to complete essential payroll tasks often weigh heavily in the decision-making process. A recent poll found that one-quarter of payroll users said they are concerned about keeping current on tax laws and regulations, 21% noted the amount of time processing payroll manually takes, while 16% are concerned about tasks around managing taxes, withholdings, etc. for employees in different locations.>

Wondering whether outsourcing payroll could help your company? Since payroll and tax responsibilities can be time-consuming and complicated — yet essential — busy owners are increasingly looking to outsource these functions.

Call Master Payroll Solutions at 801-576-9998 or request a quote today to discuss the advantages of our outsourced payroll services. Call us at (801) 576-9998 to learn how we can create an affordable payroll package that fits the needs of your business or request a quote.

Outsourcing Payroll Saves Time AND Money

Processing payroll yourself may appear to save you money but in reality, it will cost more than you think. No matter how many employees a business has, processing payroll demands time and attention to detail. This often comes at the cost of valuable time that could otherwise be expended on more pressing business priorities, such as building revenue or serving customers.

Once a business has hired its first employee, payroll responsibilities will continue every pay period. The complexities of payroll processing require a significant time commitment on a daily and weekly basis — time you can't make up elsewhere.

By outsourcing payroll to a reputable provider like Master Payroll Solutions, owners have more time to focus on what matters most to them.

Reliable and Accurate Payroll Services

Payroll errors can be frustrating and costly to both employers and employees.

Business owners aren't experts in the complicated world of government tax regulations. According to the IRS statistic, approximately 33% of employers make payroll error and roughly 40 percent of small businesses incur an average of $845 in IRS payroll penalties each year. With more tax law changes expected, there is even greater risk for payroll errors.

For employees, a mistake in state tax deductions can require an unexpectedly sizable tax deduction from an employee's final paycheck of the year, at a time that coincides with the holidays. Missed hours or improper pay rates can also inadvertently decrease an employee's pay, which may cause frustration and lasting resentment. These mistakes can negatively affect your employees and ultimately result in employer/employee strain.

When you trust Master Payroll Solutions with your payroll compliance there will be no surprise penalties. You can rest easy knowing that we will always calculate and submit your payroll taxes on time, so your business is in compliance with all the federal and state tax regulation.

Easy Payroll Processing with No Stress!

When you outsource payroll to Master Payroll Solutions, you get peace of mind that this task in handled by an experienced and qualified payroll company. Outsourcing your payroll tasks to us is the easy way not to only decrease expenses in your business but ALLEVIATES THE STRESS that goes along with processing payroll.

Contact Master Payroll Solutions Today!

Learn more about some common benefits of payroll outsourcing, areas of your business where a provider may be able to help, and how this approach could make sense for your business. Call us at (801) 576-9998 to learn how we can create an affordable payroll package that fits the needs of your business or request a quote.