| Small
Company Payroll Options – Traditional Service |
Use a
traditional payroll service
With a
traditional payroll service, you supply them with your data,
and they do the rest with in-house systems. A reputable
service will know the schedules you're supposed to follow and
should get the required forms filed and taxes paid (although
you're responsible if they don't by some mistake). There are
some disadvantages to traditional payroll services:
- Phoning in data my result in
"phone tag"
- Transcription of your fax or
phone data is subject to human
error
- Doesn't integrate with your computer systems
- Usually you're required to
authorize them taking money from your account, making theft possible
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