5 Reasons to Make 2023 The Year You Start Outsourcing Payroll

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5 Reasons to Make 2023 The Year You Start
Outsourcing Payroll
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• Running a small business can provide great
  financial comfort in times of economic hardship -
  even more so if its a success - but it also
  requires a lot of dedication, hard work, time,
  and maintenance. Even small businesses have
  employees to pay, accounts to balance and
  financial decisions to make that can impact its
  very success, and every overhead cost has to be
  counted and justified.
• With this in mind, many small business owners
  contemplate the benefits of outsourcing some of
  their primary functions, as this can reduce the
  cost of hiring in-house accountants, bookkeepers
  and HR professionals etc., yet still get the
  tasks done effectively (in many instances, more
  effectively).

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• Paying employees is arguably one of the most
  important tasks a small business must perform on
  a regular basis, yet it is also one of the
  easiest to outsource. If youve been wondering
  whether hiring a third party payroll provider
  could save you time, money and stress, these 5
  advantages might just give you the answers youve
  been looking for
• 1. Outsourced payroll reduces overheads
• Hiring an in-house accountant, even on a
  part-time basis, can be a heavy financial burden,
  and likely one that you would benefit from being
  able to reduce. Fortunately, there are so many
  excellent payroll and HR providers available
  today, that choosing the right one is probably
  going to be a tougher decision than choosing
  whether to hire one at all.

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• Able to help ensure that your employees get paid
  in full and on time, and that your company
  remains compliant with all payroll and associated
  rules and regulations, outsourcing payroll can
  get the job done successfully, at a fraction of
  the cost.
• 2. Outsourcing payroll frees up time
• Many of the functions involved with payroll are
  both time and resource consuming, and there are
  multiple opportunities to make unintentional, but
  often costly, errors. By outsourcing this
  requirement, you can make sure that your
  employees are paid punctually and in full, while
  you spend your time focusing on other important
  aspects of the business that you may have been
  neglecting.

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• 3. Outsource payroll and stay on the right side
  of the law
• Tax rules and regulations can change like the
  wind, and while this may be frustrating and
  difficult to keep on top of, there will be no
  excuse accepted by the IRS for any failure to
  abide by them all, at all times. When you
  outsource payroll, all of those worries about tax
  laws and potential penalties disappear, and you
  can rest easy in the knowledge that you will
  always be compliant, no matter what.

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• 4. When you outsource payroll, you get more
  privacy
• For smaller organizations (and larger ones, too),
  should payslips and checks fall into the wrong
  hands, salaries and bonuses can cause contention
  between employees. By outsourcing your payroll
  requirements and making the entire process more
  regulated and precise, you can help make sure
  that nobody is aware of what salaries and
  deductions other employees are getting, and that
  payslips always go to the right employee.

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• 5.Outsourcing payroll provides continuity
• Businesses of all sizes experience employee
  turnover at some stage, and hiring and training a
  replacement accountant, for example, can be an
  expensive and stressful task. With an outsourced
  payroll provider working for you, however, youll
  always have a team of experienced and qualified
  professionals at your service, and will never
  need to worry about what would happen if your
  in-house accountant left or even took a sick day.
• Outsource your payroll requirements today, for an
  easier, more efficient tomorrow (plus happier
  employees!).

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• Apollo Payroll is dedicated to delivering expert
  advice, responsive service, and highly accurate
  payroll processing and reporting to ensure the
  success and growth of the business that we serve.
  Our services include comprehensive payroll
  services in Homestead and other cities in
  Miami-Dade County, employee background check and
  group health insurance in Miami Coral Gables