payroll Services

Payroll Accounting - Tax Plus

The Power to Be Compliant.

How much time do you spend trying to meet the reporting requirements placed on your business by federal, state, and local taxing authorities? With Payroll Rx tax management service, we take full responsibility for the timeliness and accuracy of all payroll tax deposits and filings. With Payroll Rx, you no longer have to worry about late deposits or tax penalties.

Service Includes:

  • Federal Taxes (Federal Income Tax, Social Security, Medicare, and Federal Unemployment)
    Payroll Rx calculates all federal payroll taxes each pay period, electronically transfers these tax funds from your bank account and remits them to the IRS on the appropriate date. We then complete and file all quarterly and annual payroll tax returns (Forms 941 and 940). You will receive a report each payroll detailing each of these taxes for your records. Additionally, you will receive a copy of all tax returns completed and filed by Payroll Rx.
  • State Income, State Unemployment, and Local Taxes
    Payroll Rx calculates all state and local payroll taxes each pay period, electronically transfers these taxes from your bank account and deposits them with the appropriate taxing authority by the due date. We then complete and file all quarterly or annual payroll tax returns (Payroll Rx may not cover all local jurisdictions). You will receive, with each payroll, a report detailing each of these taxes for your records. Additionally, you will receive a copy of all tax returns completed and filed by Payroll Rx.
  • No More Tax Penalties or Late Deposits
    At Payroll Rx, we take full responsibility for the accuracy and timeliness of all payroll tax payments and filings, both federal and state.
    Your payroll tax deposits are made on a timely basis.
    Your payroll forms are filled out accurately and filed on a timely basis.
  • Your Agent and Advocate in Tax Matters
    We will serve as your agent and respond to any tax inquiry on your behalf. In matters before the IRS or state tax authority, we will act as your advocate, many times getting penalties reduced or totally eliminated.
    Our favorable reputation with the IRS and other tax authorities allows us to work more easily as your agent and advocate, enabling your business to continue operations and remain compliant.
  • Payroll Rx - Tax Management
    By using payroll Rx's Tax Plus service, your business is automatically enrolled in the Electronic Federal Tax Payment System (EFTPS), which meets the Internal Revenue Service's requirements for businesses that have to deposit their 940 and 941 payroll taxes electronically. By using this service:
    1. Deposits are made automatically to all federal agencies
    2. 940 and 941 forms are filed
    3. State deposits and forms are filed
  • End of Year Preparation
    Let Payroll Rx prepare your year-end requirements.
    • W-2s
    • 1099s
    • W-3s and 1096 recaps