Problem / Context
Once your business begins hiring employees, payroll compliance becomes a recurring federal and state obligation with strict deadlines and significant penalties for errors or late filings. We manage the full payroll compliance cycle, calculating withholdings, preparing filings, and ensuring your business meets every deadline at both the federal and state level:
- Form 940 — The annual federal return used to report and pay Federal Unemployment Tax Act (FUTA) tax, which funds unemployment compensation programs for workers who lose their jobs.
- Form 941 — The quarterly federal return used to report income taxes, Social Security tax, and Medicare tax withheld from employee paychecks, along with the employer's matching share of Social Security and Medicare taxes.
- State Payroll Compliance — Beyond federal obligations, most states impose their own payroll tax registration, withholding, and filing requirements. We handle state-level registration and ongoing compliance so your payroll operations remain fully compliant no matter which state your employees are located in.