Professional
Payroll Services LLC is a full-service, locally owned payroll bureau
located in Johnson City, Tennessee. Tom Perry is the Managing Partner
in the company and has been in the payroll industry since 1998. Tom
has extensive payroll service bureau experience as he has worked as
both a sales manager and operations manager.
In addition to the years of payroll experience that the company owner’s
have, PPS has full access to the resources of the accounting firm
along with their associated companies which include a law firm, a
H/R profile and recruiting company, a retirement planning and administration
company, along with an IT company.
Each
pay period PPS will:
• Process all paychecks
• PPS provides all checks and supplies. Checks can either
be on pressure seal stock or 8 ½ x 11 check stock. If on
regular check stock, the checks can be folded or left flat. Envelopes
can also be provided at a nominal cost. With either type of stock,
a signature can be printed on the checks.
• PPS will make all payroll tax deposits in a timely manner
each pay period. PPS does take full responsibility in the unlikely
event of a late tax deposit. If that happens, PPS will work with
the IRS or other taxing authority to get the penalty abated. PPS
will be responsible for any penalty and interest in the case of
a late payment that is the fault of PPS that cannot be removed by
the IRS or other taxing authority.
• PPS will provide standard management reports.
• Vacation and sick accruals can be tracked in the payroll
system and a report provided each pay period.
• PPS will do all state new hire reporting.
Each quarter, PPS will do the following:
• Produce all payroll tax returns and file returns
with the appropriate agencies.
• Will verify all YTD numbers and confirm tax deposits.
• Copies of the returns will be sent to the company office.
Year End
• All YTD numbers will be verified against 2
different reports and totals will be verified against the year’s
941 returns.
• PPS will provide all W-2’s in a pressure seal format.
• PPS will file the W-3 and all related forms with the SSA. |