Payroll services

Payroll is more than issuing paychecks. Each pay run creates withholding, employer tax obligations and records that feed into quarterly and annual filings.

AD Accounting supports payroll processing, payroll tax reporting, W-2 preparation and the recordkeeping that goes with them.

• Small business owners hiring their first employee
• Businesses that want payroll handled alongside their bookkeeping
• Owners who need year-end W-2 preparation
• Businesses that received a payroll-related notice and want their filings reviewed

Your first employee

Hiring brings federal and state registrations, withholding setup and filing responsibilities. We help you understand what is involved.

Regular pay runs

Consistent processing keeps pay accurate and records complete.

Quarterly and annual reporting

Payroll taxes are reported on a recurring schedule, with year-end forms for employees.

Payroll records that do not tie out

Payroll should agree with your books. We review the two together and reconcile differences.

1. Review your setup

   We look at your employees, pay schedule and any payroll software already in use.

2. Process payroll

   Pay runs are prepared on the agreed schedule with the required withholdings.

3. Report payroll taxes

   Payroll tax reports are prepared for the periods that apply to your business.

4. Year-end forms

   W-2 forms for employees are prepared at year-end, with the related annual reporting.

Payroll taxes and reports are due on set schedules, and late or incorrect filings can lead to penalties. We discuss the filing calendar that applies to your business.

Wages, withholdings and employer taxes all appear in your financial statements. Handling payroll and bookkeeping together helps keep the two consistent.

Whether someone is an employee or an independent contractor is determined by the facts of the working relationship. If you are unsure how to classify a worker, raise it with us early.