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Tips for Entrepreneurs to Avoid Paying Penalties

June 13, 2011

ANNOUNCER:

It’s estimated that 40 percent of small to medium-sized businesses pay an average of 845-dollars in payroll tax penalties each year.  Michael Alter, President AND CEO of SurePayroll, says small business owners can TAKE STEPS TO avoid these penalties.

MICHAEL ALTER:

“Payroll taxes have a lot of different deadlines that create confusion and if you don’t have a system to track them it’s even more challenging.  Social Security and Medicare taxes are filed quarterly. The paperwork for federal unemployment taxes is due annually. Then there’s  the state and municipality tax deadlines to stay on top of as well. Small business owners can keep up with the deadlines by looking up every payroll taxing authority’s due dates and marking every single one on your calendars. Or to increase efficiency and convenience, hire a service to handle payroll taxes on your behalf. At SurePayroll, we manage our clients’ paperwork and payments for all federal, state, and local payroll taxes. And if they have questions, we have payroll tax experts available to help by phone.”

ANNOUNCER:

For more information visit surepayroll dot com. 

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