Skip to content

Payroll Oversight Service

Payroll Oversight Service

We assist you in setting up QuickBooks payroll, new employees, and payroll tax deductions.

You … pay your employees using QuickBooks, sending out paystubs, and entering direct deposit on the National Payment Corporation website, and provide access to your QB file.  Guidance for entering payroll.

We will prepare monthly, quarterly, and annual reports:

  • File required Massachusetts New Hire reporting via MassTaxConnect
  • Make federal tax deposit via EFTPS (Electronic Federal Tax Payment System)
  • File Massachusetts state withholding and make tax payment via MassTaxConnect
  • Prepare quarterly IRS 941 or annual IRS 944 form and email to you for signature
  • File quarterly Wage & Employment Detail via UI Online
  • Prepare annual IRS W-2 and W-3 forms
  • Prepare annual Workers’ Compensation Audit worksheet

Timetable for year-end review and preparation of W-2s and 1099s

For non-Massachusetts clients, we can work with you to determine your state and local requirements, and determine our pricing accordingly.

1099s for Independent Contractors

You … fax or email each W-9 at the time of hire, or when annual payment is $600 or more

… send QuickBooks file or year-end 1099 report to us.  Instructions for reviewing QB file before sending.

We will prepare required MA and IRS reports:

  • File required New Hire reporting via MassTaxConnect
  • Prepare annual 1099 and 1096 forms, and file online to IRS and MA DOR

Timetable for year-end review and preparation of W-2s and 1099s

PRICING

Payroll Oversight Service

  • $720 per year for up to 5 employees, billed monthly
  • $36 per year for each additional employee

1099s

  • $30 for the first 1099; $15 for each additional 1099
  • Every contractor address and tax ID must be complete and correct before January 2
  • Includes new hire reporting

Direct Deposit

  • Charge for direct deposit is billed directly with each payroll
  • 26 cents per transaction line (each employee deposit, plus one withdrawal from employer account)