Should Accounting Firms Manage Payroll or Use an Outsourced Solution?

Accurate and timely payroll management is paramount to the successful operation of any business, whether a company has five employees or 5,000. If employees are not paid on time — and if employers fail to follow state and federal directives for employee classification, payroll tax filing, and other regulatory issues—management can soon find itself facing critical challenges, from high turnover to steep fines.

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