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Follow on Google News | Non-profit Payroll Mistakes Costly to Organization and Those It ServesOutsourcing offers expertise in tricky accounting procedures
By: Alissa Kaun/PayrollonaBudget.com “There are many state and federal laws and regulations concerning employee records that can be confusing and sometimes contradictory,” The payroll processing company will use employee and payroll records when compiling various periodic IRS filings and to process ongoing payroll. Required IRS forms must be completed accurately and sent in a timely manner to avoid penalty. Self-teaching the staff a finance software program or hoping the volunteer bookkeeper processes payroll accurately opens the agency to unwanted and unnecessary problems. Hiring an online payroll company, particularly one with CPAs on staff, is economical, efficient and wise. This incurs no additional cost but adds a level of professionalism to assure volunteers, employees, the board of directors and other stakeholders that the job is being done correctly. Payrollonabudget.com is part of Custom Payroll Associates, Inc. (CPAI), a full service payroll processing company with more than 16 years of experience in the payroll industry. They currently serve clients in more than 42 states and territories by offering paperless payroll and other small business payroll services. Founder and President Charles J. Read is a CPA. Website: www.payrollonabudget.com End
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