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Processing payroll is time consuming both in terms of the actual processing time and in keeping up with IRS regulations. Outsourcing your payroll and payroll tax administration to IBSN Corporate Services allows you to handle your payroll obligations in an effective manner while allowing you to focus your time and energy where it should be on managing your business
IBSN Corporate Services provides services for the following companies:
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Small and Medium sized enterprises (SME) |
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Small Sized entities (<100 employees) |
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Medium Sized entities (>100<500 employees) |
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Large entities (LE) |
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Small to medium sized service providers offering Payroll services (CPAs, CFAs) |
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Following are the complete payroll processing services which IBSN Corporate Services provides for SME’s, LE’s,:
Payroll processing on IBSN Corporate Services payroll application:
IBSN Corporate Services offers guaranteed accurate payroll calculations for small/large businesses – including all federal, state and local taxes. We also support several other payment methods besides hourly pay, including straight salary, commissions, bonuses and general reimbursements among others
Calculation of Salaries:
Gross to net calculation (all kinds of deductions – loans, advances, 401K, Garnishment, etc): Gross salary is the amount of money is everyone hired for, whether it is hourly based or salary based. A company should need a service provider on which they can trust for payroll calculations; IBSN Corporate Services is all at one source for calculating payrolls…
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Deductions |
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Federal Income Tax |
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FICA |
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State Taxes |
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State Unemployment and Disability |
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City, Local and/or County Taxes |
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Retirement Plans Deductions |
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401K |
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403(b) |
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Simple IRA Plans |
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Miscellaneous Deductions |
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Loans |
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Advances |
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Group Life Insurance |
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Disability Plans |
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Long-term Care |
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Union Dues etc. |
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Payroll statement submission for wage and tax disbursement to IRS
A critical component of payroll is complying with IRS tax laws and filing requirements. Payroll Management assumes full responsibility for both the timeliness and accuracy of all payroll tax deposits and filings, so you never need to worry about it again. In the unlikely event that Payroll Management makes an error, we will pay all penalties; interest imposed, and responds to all inquiries on your behalf.
Email or print Employee paychecks
You don't have to manually distribute payroll Information. We send your employees an email letting them know they've been paid. And they receive an online payroll account that allows them to access their pay history, and view and print their pay stubs online.
MIS/Reports for Accounting and analysis
We provide time-to-time detailed MIS Reports for your analysis.
Dedicated/Designated Payroll support Call center
If you encounter a payroll issue, you don't have to deal with it alone. You receive unlimited access to our dedicated, payroll experts, who won't rest until your concerns have been eliminated. And if you’d like to access help online, we offer a fully searchable online help center that is available 24 hours a day.
Integration of Payroll with accounting systems
Through an alliance with IBSN Corporate Services Payroll, the provider of payroll services, the process of integration of accounting from payroll allows users to view payroll data from within their accounting system. Without integration, companies must rely on the time- consuming and error-prone task of manually entering summary payroll information into their accounting systems. To avoid this, you can also use IBSN Corporate Services Accounting services.
Issue of year end W2 statement with copy to client and IRS
IBSN Corporate Services as a Tax Consultancy better knows about mistakes that happen in W2’s, 1099’s etc. By keeping this in mind we prepare error free W2’s at the year end and submit it to client and IRS.
Assist client with Federal and state payroll notices
With years of experience in Individual and Business Income Tax Return Planning, we have achieved a level of competence to ensure our clients that they are being properly represented before federal and state tax agencies on tax liability matters.
Make available necessary reports in case of Workers compensation, DOL or any other Audits
Most of the Employers believe by offering workers compensation they can improve working conditions and provide an economic safety net for employees. To help the employers in worker compensation, DOL and other Audits, IBSN Corporate Services prepares necessary reports for workers compensation, DOL and other Audits.
Assist filing of EEOC reports, submission of data to health insurance providers etc
IBSN Corporate Services assists you in submitting EEOC reports like EEO-3 Report (Local Union Report) etc. It also helps you in submission of your data to health insurance providers.
Maintain copies payroll registers for the client – up to 8 years
At IBSN Corporate Services you will never lose your payroll data. Payroll data is fully secured and available for 8 years.
Pricing
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All inclusive pricing |
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Per hour, per month, per payroll |
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Bundled with other services |
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Base Fee + add on pricing |
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Per payroll |
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Extra fees per employee |
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Simple IRA Plans |
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A la carte pricing |
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Payroll processing |
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Advances |
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Direct deposit |
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Ongoing tax payments |
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Quarterly tax filings |
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W 2’s, check printing |
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Incorporate a company |
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