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Payroll Setup and Tax Registration

According to South Carolina regulations, you, the owner of your sole proprietorship, are not an employee which means you don't have to pay yourself with payroll. As an aside, there are different ways you can compensate yourself for your efforts. If you have concerns about the tax implications of your pay, please consult a tax professional.

No matter how you pay yourself, once your business begins to grow, you'll probably look to hire employees. At that point, you have no choice. You must pay your employees with compliant payroll. And that includes not just processing their wages and salaries but their federal and state tax withholding, FICA deductions and their unemployment insurance too.

To do that, you'll need a small business payroll system. Most online accounting packages include payroll as an added feature, typically at some additional cost. We'll go over various payroll options with you as well as set up your payroll system and train you on how to operate it. We will also provide you with a calendar of important payroll deadlines and show you how to make your tax deposits and file your payroll tax reports. Finally, we will also register your payroll system with the IRS and SC DOR so they can reconcile your federal and state payroll tax deposits.

Please note that payroll processing vendors normally charge a fee for their services. These fees are not reflected in the price of our service.

If you're interested in this service, please click on the Add To Cart button below. You can then go directly to Checkout if you've finished shopping or you can click on Small Business Insurance Quotes to learn more about small business liability insurance coverage.

SKU: 00130

Price: $39.95

Total: $0.00  

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