{"id":12486,"date":"2022-12-19T10:08:30","date_gmt":"2022-12-19T16:08:30","guid":{"rendered":"https:\/\/valorpayrollsolutions.com\/?p=12486"},"modified":"2023-06-10T10:48:17","modified_gmt":"2023-06-10T15:48:17","slug":"payroll-outsourcing-in-2022-the-ultimate-guide","status":"publish","type":"post","link":"https:\/\/valorpayrollsolutions.com\/blog\/payroll\/payroll-outsourcing-in-2022-the-ultimate-guide\/","title":{"rendered":"Payroll Outsourcing In 2022: The Ultimate Guide"},"content":{"rendered":"

Did you know that the IRS\u00a0increased their tax audits<\/a>\u00a0of small businesses by more than 50% last year? What would happen with your small business if you were to get audited?<\/p>\n

Don’t let the fear of tax time limit your success as a growing company. One of the biggest fears of small business owners is ensuring payroll compliance. That’s why many business owners have adopted payroll outsourcing as the best solution.<\/p>\n

Don’t worry if you don’t know what payroll outsourcing is or whether or not it’s the best option for you, because we’ve got you covered. Keep reading to learn everything you need to know in our ultimate guide to payroll outsourcing.<\/p>\n

What Is Payroll Outsourcing?<\/h2>\n

Your payroll department likely wears many hats. Unfortunately, too many employees only think about payroll if their check is late. But there is much more that goes into ensuring your payroll is done correctly than writing paychecks.<\/p>\n

As a small business owner, you must ensure that you’re also compliant with various tax and withholding laws and requirements. Additionally, you must ensure your employees get the benefits they deserve such as paid time off and overtime.\u00a0 Managing these details while you’re also trying to run and grow your successful business can become overwhelming quickly.<\/p>\n

That’s why many business owners, large and small, are choosing to outsource their payroll duties to an expert. When you work with an expert, you allow them to take care of the many payroll details so you can get back to the work you love.<\/p>\n

Outsourcing your payroll is simply the act of hiring an outside provider to perform certain tasks related to ensuring payroll compliance and implementation. And if you’re\u00a0a new startup<\/a>\u00a0or a small business, getting your payroll correct from the start is imperative to ensuring success for years to come.<\/p>\n

Top Benefits of Payroll Outsourcing<\/h2>\n

In today’s global environment you likely\u00a0have remote employees<\/a>\u00a0in various states with differing tax laws. Stop worrying about whether or not you’re tackling your payroll correctly. Hire an expert who specializes solely in payroll so you can rest assured knowing you’re in compliance with the many different laws that apply to all your employees.<\/p>\n

Some common benefits our clients have enjoyed after outsourcing their payroll department include the following:<\/p>\n