Payroll processes can be very intimidating, especially if you are a small business owner and used to just having one or two employees. From tracking hours to determining deductions, there are many reasons why you could benefit from payroll services for small businesses. Here are some signs that it might be time to pick up the phone and call the professionals at Malden Solutions.
You Didn’t Pay Correctly or On Time
Every employee expects to be paid the correct amount at the correct time, and you can rapidly run into retention issues when you do not pay your employees properly. If you have dealt with paying your employees late due to forgetting to submit payroll or paying them the wrong amount for any reason, you could benefit from professional payroll services for small businesses. We know how to help you provide your employees with the pay and benefits that they are entitled to, which can improve your reputation and retention rates.
You Are Stuck Paying Fines
The IRS expects 100% accuracy, whether you are an established business with hundreds of locations or a small business with a handful of employees. Payroll services for small businesses are a great idea if you have been faced with fines from the IRS or other regulatory bodies. A single non-compliance fine from the IRS can be thousands of dollars, which can significantly affect your budget. You can rest easy by working with an external company with extensive experience in payroll.
You’re Overwhelmed by Tax Law
Tax laws are constantly changing on the federal and state level, making it very challenging for the average small business to keep up. If you find yourself overwhelmed at the thought of dealing with taxes or are concerned that you are not following the regulations you should be, working with professional payroll services for small businesses is a great idea. We are compliance experts and can guide you through the process of optimizing your payroll while following all applicable tax laws.
Make Things Easier with Payroll Services for Small Businesses
Malden Solutions has a wealth of expertise in providing employer insurance solutions, HR solutions, and individual insurance solutions to businesses both big and small. Our team of seasoned professionals can help you navigate the rapidly-changing world of insurance with ease. We partner with businesses and individuals throughout the country to provide our dedicated services for employee benefits but also work within our surrounding communities in Maryland, Northern Virginia, and Washington, D.C. Contact us today to learn more about how we can provide effective, dynamic solutions for your business. Stay connected with us on Twitter, Facebook, and Linkedin.