AMPAY PAYROLL SERVICE IS DESIGNED
FOR BUSINESSES OF ALL SIZES

Processing your own payroll can be complicated, time-consuming and fraught with risks. Among other things, payroll functions can include anything from determining employee wages and withholding taxes, to updating vacation and sick pay and deducting employee-contributed payments for benefits. Business of all sizes, from the smallest to the largest, benefit from the services of professional payroll company like AmPay.

The cost of an employee’s wages, plus benefits, adds up quickly. If you own of a small to medium size company and  trying to process your own payroll in house, use, the cost of the time spent is even greater. If you outsource payroll, you don’t have to worry about your payroll processing company calling in sick, resigning, wanting to take a vacation, taking a day or for a kid's field day or needing several months or maternity leave.

 

Mistakes can lead to audits and penalties

According to the IRS, at least 40 percent of small businesses pay an average penalty of $845 per year for late or incorrect filings and payments. Penalties for errors, omissions or late payroll tax filings can be very costly. Payroll mistakes are painful, angering employees and not reporting timely or accurately to the government posts red flags to the IRS. Small business owners aren’t experts in the challenging world of government tax regulations. At the same time, they are legally responsible for any cases of misrepresentation or a failure to accurately report employment taxes to federal and state government agencies.

Mistakes lead to audits and penalties -- situations no business wants or needs. Government rules and regulations are always changing and business owners can’t be expected to stay on top of these changes. Professional payroll providers, on the other hand, must stay current with rules, regulations and changes in tax rates. A good payroll-services provider is far less likely to make a serious error than your in-house staff.

Outsourced payroll providers calculate payroll taxes, manage filings and payments and will assume the cost of penalties due to incorrect calculations or late payments as long as you provide the necessary information and funds on time. Keeping abreast of state, federal, local and industry-specific regulation changes can be at best a real challenge. A reputable outsourced payroll provider has a staff dedicated to keeping up to date on all of the changes that could affect your payroll, ensuring that you stay in compliance.

In general, outsourcing payroll can cost half of what it would to do it in-house. Hiring an outside service also eliminates the need to hire a full-time payroll manager, and you’ll free up time to work on other aspects of your business.

More advantages to using AmPay Payroll Services

  • Tension-free: When you own a business, you already have enough things on your mind and you catch every possibility to share the load. Giving the payroll responsibilities to a service provider can prove to be a great respite for you.
  • Error-free: Doing the payroll requires expertise and is a tricky thing. Getting it done internally can be subject to many errors, and that definitely is not a treat. So, to avoid this and get an error-free payroll, it is best that you hire a service provider as they are experts and that eliminates the chances of error.
  • Delay-free: “On time salary” is equal to “happy employees” and “happy employees” is equal to a “booming business”. Big or small, in order to work feasibly, every business needs to have their payroll services in place. Hiring a provider will ensure timely payrolls without any delay.
  • Relatively low costs: If you have an in house payroll department, you should sit down to calculate the costs and then compare it with the charges of a payroll service provider. We are sure that you will see a huge disparity in the payroll service provider’s favour. It generally costs much less to hire someone.
  • Customized services: Every business is different, thus has different needs. Since most of these service providers cater to different payroll needs, you can rest assured that your provider will take care of your individual needs as they are experienced in serving different businesses.
  • Legal compliance: Payroll work involves a lot of legalities; many rules and laws must be followed ... and the last thing you want to deal with is a legal mess. Right? When you appoint a service provider, they abide by the laws because they are experts and aware of any changes in the tax laws.
  • Convenience. With outside services, you simply telephone their offices, give them the hours, deductions, and salary amounts of your employees, and the firm processes the check. Many services also let you update employee payroll information on their Web sites.