Payroll Processing

Service Description

Our Payroll Processing Service at Capital Edge Financial Solutions simplifies and streamlines your payroll management, ensuring accuracy, compliance, and efficiency. Here's how we handle every aspect: 1. Employee Onboarding: We assist with setting up new employees in your payroll system, ensuring all necessary details are accurately captured, including personal information, tax withholding preferences, and direct deposit details. 2. Timekeeping Integration: We seamlessly integrate with your timekeeping system to capture accurate hours worked by employees. This integration automates the transfer of data, minimizing errors and ensuring compliance with labor regulations. 3. Payroll Calculation: Our team calculates employee wages based on hours worked, salaries, bonuses, commissions, and any applicable deductions or withholdings. We adhere to federal, state, and local tax laws to ensure accurate withholding and reporting. 4. Tax Compliance: We handle all aspects of tax compliance, including withholding taxes from employee paychecks, remitting payroll taxes to the appropriate tax authorities, and filing quarterly and annual payroll tax returns on your behalf. 5. Direct Deposit and Payroll Distribution: We facilitate direct deposit for employee paychecks, providing a convenient and secure method of payment. For employees who prefer paper checks, we ensure timely distribution on payday. 6. Payroll Reporting: We generate comprehensive payroll reports detailing employee wages, taxes withheld, and employer contributions. These reports provide valuable insights into your labor costs and help with budgeting and financial planning. 7. Compliance Management: We stay updated on changes to labor laws, tax regulations, and payroll requirements to ensure your payroll processes remain compliant. We also assist with audits and respond to inquiries from tax authorities. 8. Employee Self-Service Portals: We offer employee self-service portals where your staff can access their pay stubs, tax forms, and other payroll-related documents online. This enhances transparency and empowers employees to manage their payroll information independently. Overall, our Payroll Processing Service provides a comprehensive solution for managing your payroll needs, allowing you to focus on your core business activities while ensuring accuracy, compliance, and efficiency in payroll management.

Contact Details

• 2121 Biscayne Boulevard, Miami, FL, USA

  +17866507676

  jorge.castillo@capitaledgefirm.com