Our Payroll Service
is state of the art. We are web integrated and are able to
provide you with complete, affordable, timely and accurate payroll.
We insure the timely filing of all payroll tax returns and avoid costly and cumbersome
IRS penalties. A must for any small business owner.
Here’s how our process works:
1
Client provides employee time sheet data to
ITT according to company payroll interval (weekly, biweekly,
semi-monthly, monthly) via Excel integrated file.
2
ITT computes, prepares and prints payroll checks for each employee.
ITT delivers payroll
checks to client location. Client can also print
checks at their location if more convenient.
3
ITT provides client with applicable Federal and State payroll tax deposit checks as required
or can have tax payments automatically paid to the proper
taxing agencies electronically.
4
ITT prepares Federal and State payroll tax returns each quarter and provides to client for submission
or has them automatically filed electronically. ITT does
quarterly payroll reporting in all 50 states.
5
ITT
prepares Federal and State payroll tax returns at year-end and provides to client for submission
or has them automatically filed electronically. Returns and forms included are:
Federal Form W-2 – employee wage and tax statements.
Federal Form W-3 – transmittal of wage and tax statements.
Federal Form 1099misc – subcontractor earnings statement.
Federal Form 1096 – transmittal of 1099 statements.
Federal Form 940 – Federal unemployment tax computation.
ITT also does
year-end payroll reporting in all 50 states.
Payroll Service fees are determined by the frequency of payroll and number of employees.