How Outsourcing Your Business Payroll Can Keep You Compliant And Protect Against Fines & Penalties
Regulatory compliance challenges have greatly increased for businesses of all sizes. In a recent study by ADP Research Institute, 30% of companies surveyed hav...
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Executive Abstract
Peer ReviewedIn a recent study by ADP Research Institute, 30% of companies surveyed have had to deal with unexpected expenses in the form of penalties, fines, and even lawsuits this past year – all because of unintentional non-compliance with government payroll tax and workforce regulations.
Notably, businesses in the study that processed payroll in-house received almost twice as many fines as those using an outsourced payroll service. New legislation, such as the Affordable Care Act (ACA), has complicated matters even further.
This guide will show you how to protect your business against such liabilities by using a professional payroll processing company. We will also provide you with complimentary, no-obligation price quotes from top Payroll Service vendors based on your specific needs so that you'd be able to better compare the choices available to you.
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