PEO/ASO Payroll Services with EmployerNomics
(PEO: Professional Employer Organization.
ASO: Auxiliary Service Organization or “Payroll Company”)
One of the most common “employer headache” complaint heard is handling the complicated and changing world of employee payroll and tax compliance associated with having employees.
It’s a highly regulated process, fraught with pitfalls to trap the unprepared employer. There are many responsibilities with paying employees and they are increasing every day.
Business owners, consider the following questions:
- Have you ever come to the end of a quarter, and found you already “spent” the employee withholdings and had to “find” the money to send to the IRS?
- Have you ever had to give up some more important or meaningful task in order to sit down and run the payroll?
- Have you ever spent way too much time making corrections to payroll errors that should not be happening?
- Has the IRS ever audited you for payroll taxes?
- Are you currently using a software payroll package which offers no protection in case of an audit?
- Are you paying for services you will never use??
If any of these ring a bell, you may want to consider contacting us to consider the payroll benefits of using a PEO or ASO.
Handling payroll and ensuring employee tax compliance is a major benefit of working with a PEO or ASO. In addition to ensuring compliance with all taxing agents in the local, state and federal governments, annual tasks such as issuing W-2s are handled professionally. It’s important to remember that a PEO uses their own FEIN and it becomes their responsibility to comply. This is a favorable transfer of liability for business owners.
Payroll is “Laborious”
“I decided to have EmployerNomics find a PEO for me because doing Payroll was so laborious.” says Jeff Bosworth, Orlando area business owner and HR consultant. “It was a constant problem. I’m a firm believer that you pay people for professionalism.”
Business owners have found that using an outsourced payroll solution allows them to pay their employee taxes with each payroll, rather than being hit with an annual or quarterly lump sum. This “Pay as you Go” model eases the pain of paying employee taxes. EmployerNomics functions as the HR Consulting firm “matchmaker” to match the employer with the best HR Outsourcing solution. We represent a large selection of PEOs and ASOs, as well as HR firms, Insurance Agencies and other employer service providers.
Payroll Services are available in five ways:
- From a PEO as a PEO client
- From a “payroll company” as a Payroll Only client
- As a service from a PEO using the Payroll Only model
- From a “payroll company” providing payroll with other services (insurance, benefits, etc.)
- As a service from a PEO using the ASO model
EmployerNomics has the staff and experience to find you a solution. Please call us: 407-490-2468