Client Login

- Individual Clients
- Business Clients
- Client Employee

Forgot Your Password? Please try logging in with the last password you remember first. (If that fails, you'll be able to reset your password on the next page.)

QuickBooks Online

BOSS™ Accounts Payable Documents Login

Video Meeting

Join a scheduled video meeting with our staff.
Join Meeting
Send Request

Helping you reclaim your time,

so you can be the master of your life

Being Proactive Can Help Alleviate Payroll Pain

October 12, 2016

Once your business reaches the point of having at least one employee, you need to pay close attention to the details of payroll compliance—especially payroll taxes such as the withholding of federal and state income taxes and FICA (Federal Insurance Contributions Act) tax from employees’ wages. You also need to pay the employer share of FICA tax and federal and state unemployment taxes.

Payroll is an area of your business where it is essential to be proactive about remaining current and compliant. Doing so can save you a lot of pain by avoiding penalties for mistakes and late payments, so use these tips to ensure your payroll is as close to perfect as possible:

  1. Check your worker classifications. The misclassification of employees is a hot audit issue, so make sure that you have adequate documentation that any independent contractors used are not employees. If you are unclear about the IRS rules about worker classification check them here, or ask one of our payroll tax professionals.

  2. Keep meticulous payroll records. As an employer, you are required to maintain accurate payroll records (e.g., time sheets, expense accounts, copies of W-2s and I-9 forms) and have them available for IRS inspection. In general, you should keep payroll information for at least four years.

  3. Monitor payroll compliance and taxes. If you’re like many businesses owners, you may opt to use an outside payroll company to handle your payroll function. While this can be a beneficial and time-saving move, it doesn’t absolve you from your responsibility of ensuring that your business is accurately reporting payroll information and paying the appropriate taxes. Make sure that any third-party payroll company you use is reputable and competent, and monitor your tax account to make sure that funds are being deposited correctly and on time.

If you have questions about payroll compliance and taxes, please contact our firm for assistance.

Back to List

Client Testimonials

  • Todd Timmons, Chairman at Reidville Fire District

    "The BOSS program has been an exceptional addition to the Reidville Fire District. It has eliminated the need for administrative staff. The cost of his program directly benefits the District, which allows more funds to..."

    read more
  • David Taylor, CEO and President at the University Center of Greenville

    "Greene Finney, LLP has been the University Center of Greenville's accounting services provider for over six years; handling general ledger, financial reporting, payroll, 401k funding, bank account reconciliations, and tax reporting. They utilize state of the art technology and..."

    read more
  • Tommy Norris, Fire Chief at Poplar Springs Fire Department

    "Prior to implementing BOSS with Greene Finney, we were utilizing a firm that relied on hand delivery of bills and deposits as well as a manual signature every two weeks. Reports were hard to retrieve and were not very user-friendly. Since switching to BOSS with Greene Finney, we have been completely..."

    read more
  • Joel Manning, Finance Manager at Chester Sewer District

    "BOSS is a very cost-effective solution for your back office accounting needs. We get access to highly qualified and well-trained staff that we could not afford to hire directly. Through BOSS, Greene Finney handles..."

    read more

BOSS is the answer to your back office headaches. Our cloud-based solution enables you to hand complex accounting tasks over to us. We work the numbers while providing you 24/7 access to your data—and all at a fixed, affordable monthly fee.

read more

Latest from Our Blog

Help us. Help others.

Tell us about your experience with our firm.

Review Us