Frequently Asked Questions
Processing employee paychecks can be a time consuming and tedious task. Computations can be a maze of paperwork, transfers of funds to different bank accounts, employee savings accounts, and different government agencies. All businesses are required by law to pay certain employee taxes, and to provide end-of-year wage reports (for example, W-2 forms).
These tax amounts can change when employee gets married, has a child, or elects to change exemption status for any reason, and the implementation of new regulations (for example, the increase in the federal minimum wage) usually requires immediate compliance, filing late or error-filled documents results in expensive penalties and fees.
Hiring a payroll company is the solution to many of these issues. An outsourcing payroll company handles a variety of payroll and paycheck processing issues. When outsourcing payroll services, a payroll company can calculate tax amounts, process employee paychecks, and even generate job and project cost reports. Using a payroll outsourcing company, you’ll save both the time it would take to process payroll documents and any costs associated with learning how to do it yourself.
Check out our Time & Labor solutions.
Better access to information and expertise, commitment to integration with client systems, Simple customer service model while still leveraging a strong CRM tool, and value-added bundling to deliver long-term savings.
Here are a few key reasons our clients tell us they use Paragon:
Improve company focus. The key to a successful business is doing what you do well better than anyone else. Hiring Paragon is a simple step to improving your focus. Additionally, boring, repetitive work can act like an anchor on your business productivity. Your staff, when freed of rote payroll responsibilities, will be free to focus on other, more creative work.
Reduce Risk. Payroll mistakes can be painful, angering employees and — more ominously — alerting the various government agencies. Paragon takes the responsibility for the accuracy and timeliness of your tax withholding, depositing and filing.
Lower Costs. Taking all of the costs into consideration, Paragon can run a payroll much cheaper than a business can on their own. Additionally, compared to the other options available, Paragon offers more value for the cost.
Implement Contingency Planning. Payroll activities function as reliably as the people and systems in place. With Paragon speed and quality won’t vary with network issues, vacations, illnesses and turnover. The Payroll Show must go on!
Gain Access to Expertise. Paragon’s service model ensures you have unprecedented access to our knowledgeable and experienced staff. We know the ins and outs of payroll-related tax laws and regulatory mandates on the federal, state and local levels.
Paragon streamlines your company’s complex compensation, tax filing and administrative challenges with simple, reliable solutions. Once you are set up with Paragon, you will report hours and employee changes to us and the rest is done.