Payroll Services

Scrimping on Payroll Services Will Red-Flag Your Business With the IRS.

The IRS is serious about payroll tax laws and the penalties and fines for those who don’t comply are stiff. If you are a small business owner who processes your own payroll, or who hires an employee who dedicates time to processing payroll, you are probably wasting a minimum of 12 days per year that could be spent generating new business.

Our payroll services are cost-effective, giving you back the time you need to run your company and focus in improving your products and services. We keep up with the changing federal and state tax laws so that you don’t have to.

And because we understand that the needs for every business vary, we offer you three different levels of payroll services.

Comprehensive Payroll Services

This is your full-service, no hassle payroll plan where we provide the following…

9

On-time payroll check preparation and laser printing on blank, maximum security check stock

9

Free direct deposits

9

IRS and State Tax reporting, as well as EFTPS tax deposits

9

Easy to understand monthly, quarterly, and annual payroll tax reports including W2, W3, and 1099 forms

9

Employee sick day, vacation and personal day accruals

9

Creation and filing of required tax paperwork for new hires

Post-Payroll Services

If you prefer to manually process your payroll checks, we can help by providing the following services…

9

Your data records into our files for problem free maintenance and reporting

9

IRS and State Tax reporting, as well as EFTPS tax deposits

9

Easy to understand monthly, quarterly, and annual payroll tax reports including W2, W3, and 1099 forms

9

Employee sick day, vacation and personal day accruals

9

Creation and filing of required tax paperwork for new hires

On-Line Payroll Processing

Enter employee hours and earning online and you will get…

9

The ability to print your own payroll checks on your own computer

9

Free direct deposits

9

IRS and State Tax reporting, as well as EFTPS tax deposits

9

Easy to understand monthly, quarterly, and annual payroll tax reports including W2, W3, and 1099 forms

9

Employee sick day, vacation and personal day accruals

9

Creation and filing of required tax paperwork for new hires

Other Payroll Services

We can also help you with the following…

9

Worker’s Compensation Audits

9

Unemployment Claims

9

Social Security Audits

9

Child Support Audits

9

W-2 and W-3 processing

9

1099 and 1096 processing

9

Preparation/assistance with Federal and State registration forms

Contact us for a FREE consultation and to get payroll processing estimates for your business.

Selling Your Primary Home: $250k/$500k Exclusion Explained

Key rules - Exclusion: Up to $250k (single) / $500k (MFJ) of gain - 2-of-5 test: Own and use as main home for 2 of the last 5 years - Frequency: Generally once every 2 years - Depreciation recapture: Prior rental/home-office depreciation is taxable - State note:...

The IRS Is Watching “Cash-Only” Businesses

What attracts scrutiny? Cash-heavy businesses (restaurants, salons, contractors, convenience stores) show higher underreporting risk. Examiners reconcile POS → bank deposits → books → tax return and flag gaps. Typical red flags Large cash deposits without matching...

Guía práctica para comprar tu vivienda en EE. UU. 🏡

Comprar casa es una de las decisiones financieras más importantes y los bancos analizan mucho más que tu deseo de tener un hogar. En Wave Tax te guiamos paso a paso para que llegues listo a tu hipoteca. 1. W-2 o 1099: ¿qué piden los bancos? Empleados W-2:...

El arte de pagar menos impuestos (legalmente)

Pagar menos impuestos no es “esquivar” al IRS: es planificar con reglas en mano. La clave está en tomar decisiones antes del 31 de diciembre, documentar todo y usar las deducciones y créditos que la ley ya permite. Aquí van los pilares que más suelen mover la aguja:...

¿Moviste cripto en 2025? El IRS ya lo sabe (y así debes reportarlo)

Desde 2025, los brokers y exchanges que custodian cripto reportan al IRS los ingresos brutos (gross proceeds) de ventas y permutas mediante el Formulario 1099-DA. A partir de 2026 se irá incorporando por fases el reporte de base y ganancia/pérdida con alivios de...

3 Legal Deductions You’re Missing Out On.

3 Legal Deductions You’re Missing Out On Are you one of those who say: “My accountant takes care of that”? That’s the problem. Your accountant files… but you are the one who plans. And if you’re not planning properly, you’re losing money.Literally. There are 100%...

The IRS Warns about the Second Quarterly Tax Payment Deadline: Details and Consequences for Taxpayers

The US Internal Revenue Service (IRS) issued a crucial reminder to millions of taxpayers about the second quarterly tax payment deadline, which was June 16. This notification was especially important for self-employed workers, small business owners, and all citizens...

Report: “Forgotten” 401(k) Accounts Can Cost Thousands of Dollars in Retirement Savings

With increased job turnover following the “Great Resignation,” more workers are losing track of their 401(k) accounts from previous jobs, resulting in significant costs in fees and lost long-term financial growth. According to data from Capitalize, in 2023 there were...

Senate Confirms Billy Long as New IRS Commissioner: A Challenge Amid Historic Cuts

In a vote marked by partisan division, the U.S. Senate confirmed former Republican Congressman Billy Long as the new Commissioner of the Internal Revenue Service (IRS). The appointment comes as the agency faces the most severe budget cuts in decades, raising concerns...

The IRS Faces the Largest Staff Reduction in Recent History

Recent reports confirm that the US Internal Revenue Service (IRS) is preparing to implement the largest staff reduction in decades. According to internal documents obtained by multiple media outlets, the agency could lose up to 40% of its current workforce, leaving...

Ready to come in for an appointment?

Click here to schedule a time to meet with us. We will NOT make dealing with a tax professional as painful as it’s been in the past!

Contact Us