MANAGMENT OF PAYROLL
Employee Setup and Master Records
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Create and maintain employee profiles and master data in the payroll system.
Time Card Posting
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Post daily, weekly, or monthly time cards accurately.
Client Communication
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Follow up with clients on time card queries, employee resignations, removals, and new hires via email and phone.
Payroll Computation
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Prepare real-time payroll calculations and conduct thorough reviews, including all components such as government taxes and deductions.
Paycheck and Pay Stub Processing
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Prepare, print, and issue paychecks and pay stubs to employees promptly.
Payroll Compliance Filing
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Manage federal payroll filings including Forms 940 and 941. Handle state payroll form filings and ensure state compliance requirements are met.
Payroll Reconciliation
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Reconcile payroll records with the company’s books of accounts to ensure accuracy.
W-2 Management
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Prepare, submit, and issue W-2 forms for Social Security, IRS, and employees.
Tax Withholding Management
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Review Form W-4s and calculate appropriate tax withholdings from employee wages.
EFTPS Setup and Payments
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Set up and manage Electronic Federal Tax Payment System (EFTPS) payments for timely tax deposits.
Payroll Software Coordination
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Collaborate with payroll software or external payroll processing companies to ensure seamless operations.