Innovative Business Solutions, LLC

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          Payroll

  •          Time cards, after approval, will be scanned and uploaded prior to payday
  •          Complete payroll while client prints, signs and distributes paychecks
  •          Prepare employee earnings statements complete with current pay period and year-to-date wages, taxes, adjustments
  •         Prepare department summaries of month-to-date payroll data in addition to customized reports specific to client
  •          Prepares timely and accurate notifications of tax liabilities and deposits
  •          Completes year-end W-2 forms
  •         Respond to requests for employee verifications
  •          Process and submit garnishment payments
  •          Respond to employee payroll inquiries
  •          Prepare and file new hire reporting to state
  •          Prepare, file, and pay all federal, state, and local payroll taxes
  •          Reconcile health insurance payments and make payroll deductions when required
  •          Prepare necessary HR reports such as turnover
  •          Allocate payroll expenses for multi-store employees
  •         Prepare and process payroll accruals when necessary

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