| Joseph E. Madden Certified Public Accountant 609 W Main Street, Suite 101 - Denison, Texas 75020 |
Phone (903) 465-1040 Fax (903) 465-1065 |
Services:

Proud Recipient of
Best Accountant Award
for two consecutive years

Preparing
payroll is no longer a simple process. There is a multitude of
compliance issues that you must be aware of, such as: recordkeeping,
minimum wage, federal, state, and local taxing authorities, new hire
reporting, and more. By outsourcing your payroll to Joseph E.
Madden, CPA, I assume all the responsibility for the payroll, tax
reports and management reports. It is no problem to pay your
employees weekly, bi-weekly, or monthly. I can handle any
number of employees (even as few as one) and any form of
employee/employer relationship..... salaried, hourly, full-time,
part-time, tipped employees, and clergy.I can prepare payroll using your bank account or an escrow account. Imagine having only one transaction for all of payroll (bank reconciliations will be painless now). I can even prepare the journal entry needed to enter all of payroll into your accounting software, if needed. If you use the escrow account, I will inform you of the amount needed to cover employee's paychecks, withheld taxes, and third-party withholdings. An added benefit of using the escrow account is that I will assume responsibility for any penalties or interest assessed by Federal or State tax authorities provided complete and accurate payroll data and adequate funds were made available to me within the appropriate time frame. You will never again pay a penalty for your payroll tax deposits.
Outsourcing your payroll is more affordable than you think. To prove it, take a look at the fees I charge for complete payroll processing.