For small business owners, managing payroll and tax filings can be one of the most time-consuming and challenging tasks there is. Leveraging a company like GMS can save you time and give you peace-of-mind.
The True Cost of Payroll and Business Taxes
Payroll is costly in both money and time.
Did you know:
- Small and mid-sized companies spend an average of $2,000 per employee per year to handle payroll.
- As many as 40% of small businesses incur an average of $845 in IRS penalties each year.
- You might be personally liable for payment of payroll taxes, even if you hire someone else to manage it for you.
Chances are, you already had an idea about this. But if you’re still struggling, it’s time to consider outsourcing payroll administration to a professional employer organization (PEO) like GMS.
Small Business Payroll Outsourcing
GMS takes an active approach managing payroll so you don’t have to. You can spend the extra time, money, and energy growing your business.
When you outsource payroll with us, services include:
Simply enter payroll online or we can do it for you each pay period. Whether it’s direct deposits and checks, deductions, or PTO tracking, GMS will take these tedious tasks off your plate. Plus, we store all necessary documentation electronically, so you never have to worry about storing or retrieving paperwork.
Less paperwork and access from anywhere with an internet connection. GMS’ online payroll software, GMS Connect, makes running payroll simple. GMS even includes an integrated time clock and timekeeping system that eliminates double entry of time.
Decrease your responsibilities and liabilities for your payroll and taxes. GMS will handle all of the details, from filing necessary paperwork to ongoing maintenance of tax records.
GMS gives you and your employees the power to access payroll information and tax information anytime, anywhere there’s an internet connection. GMS Connect also features an employee portal optimized for mobile.
More than a Payroll Company
Unlike other payroll solutions, GMS offers a full suite of HR services that compliment payroll administration, including human resources, risk management, employee benefits and more.
Stop spending time worrying about payroll and start spending time growing your business. Outsource your payroll administration to GMS. Let’s get in touch.