My current arrangement re: staff paychecks is as follows:
My manager calculates the time staff worked in office in base 100(from hrs/mins to say 32.75 hrs) and faxes to my accountant. He calculates the taxes, prints the checks and then mails them to me, I sign and give it to staff. Also every mth he calculates the fed and state taxes and dials into EFTPS and punches in those numbers and sends me a memo about those taxes. I enter them in my check book.
Does your office manager in your office calculate the taxes based on current rates and prints the checks and do you do these check printing inhouse? Does your OM also dial into EFTPS?
Iam trying to cut back on my overhead with my accountant. Any tips?
Regards.
