Tax Management
Payroll
The complications of processing and paying payroll taxes can be an extreme burden for a business trying to focus on what is important – business growth and sales. Continually changing Federal and State regulations are tedious to keep track of and requires a certain amount of time and resources, and oversights can be costly.
Performance Pay will calculate, deposit and file payroll taxes for you. We can make payroll tax payments on a monthly, quarterly, semi-weekly, or next day basis if required. Performance Pay will file Form 941 quarterly or Form 944 annually to reconcile calculated taxes versus taxes paid, and meets all federal EFTPS requirements for employers required to make payments electronically.
Annually we will file your Form 940 to report your FUTA taxable wages paid during the year and reconcile all your previous quarterly tax deposits for that year.
Performance Pay ensures all State and Local taxes are withheld from all taxable wages required by the state or local tax agency, and transfers on the check date all applicable taxes and deposits them by the due date.
As well as all the required federal, state, and local tax processing, Performance Pay will help provide service for any of your State Unemployment Insurance (SUI) management needs.