Simple, accurate tax processing...
Like magic, without the hats and rabbits.
Updated on Jun 22, 2018 at 09:59 AM
Federal State & Local Tax Processing
No matter the array of agencies you have to deal with, Federal, State, Local or all three, PayMaster's tax filing services will keep you in charge and in compliance.
Tax Processing & Employees
Our revolutionary tax engine empowers you from the moment you hire an employee. You can validate addresses, lookup counties, school districts, etc. and if you forget to add one, PayMaster HCM will alert you when you're doing payroll. Tax processing is all about getting off to a good start.
Once they're hired, easily keep their records up to date with the ability to contextually upload documents of any kind. Need to store a document related to an employee's Federal tax? Store it with their Federal tax information. Have another document for a state? Store it with the state. If you're storing Federal, State and/or Local forms, consider forgoing traditional storage altogether and use PayMaster HCM to have your employees electronically complete and sign them. The results will be stored as searchable, indexible, filled-in electronic forms.
Payroll & Beyond
Once payroll is finalized, we'll calculate and deposit your payroll taxes in an accurate and timely manner, then post all of the returns in PayMaster HCM for convenient retrieval anytime, in any place, by anyone you'd like to provide access to (we know a few accountants who love that). We take full responsibility for all of your payroll taxes as well as the electronic filing of all quarterly and payroll annual tax returns. All you have to do is pay your employees, we'll take care of the rest.
"Once payroll is finalized, we'll calculate and deposit your payroll taxes in an accurate and timely manner, then post all of the returns in PayMaster HCM for secure and convenient retrieval anytime, in any place, by anyone you'd like to provide access to (we know a few accountants who love that)."
Everytime you complete a payroll, we'll calculate your total tax liability and immediately present it to you along with some other critical figures in a one page report delivered via email. The amount will be debited automatically from your account(s) per payroll in order to help you avoid large, lump sum tax deposits and make it easier to manage your cash flow and budget. PayMaster is bonded and insured and will guarantee that you will not be assessed any penalties by the IRS or any other government agency while using our tax filing service.
The Rundown
In a rush? Here's the rundown:
- A tax engine that works from hire. Accurately and automatically account for where your employees live/work and what taxes are applicable to them as a result.
- Keep track of all tax-related employee documentation and forms by tax type. Extend storage by using electronic forms to both have your employees complete and sign.
- Have your taxes calculated and deposited in an accurate and timely manner with the resulting tax returns posted in PayMaster HCM for secure and convenient retrival.
- Be immediately informed of your total tax liability after finalizing every payroll via an email report. The amount indicated on said report will be automatically debited from one or more accounts, based on your configuration with us, in order to avoid large, lump sum tax deposits and to make managing cash flow easy.
- PayMaster is bonded and insured and will guarantee that you will not be assessed any penalities by the IRS or any other government agency while using our tax filing service.