PAYROLL SERVICES:

The time you spend managing your company is your greatest asset. By outsourcing your payroll processing, you will free up more of your valuable time for management purposes, customer service and research and development - all crucial for increasing bottom line profit. That’s why we provide customized payroll management solutions that not only cut costs but allow you to stay on task and focus on what’s really important – your business.

Timeliness. We will deliver your payroll checks, payroll ledger and tax reports on time.

Simplicity. No more worries about keeping up with federal and state reporting requirements. ALTUS stays on top of current federal and state payroll requirements.

Cost savings. No software installation or maintenance, and no additional overhead.

Convenience and added value for your employees. You will appreciate the convenience of payroll outsourcing and your employees will appreciate the confidentiality and security of their pay rate information.

How does the process work?

Very simply. The client designates a payroll administrator. The payroll administrator provides ALTUS with a copy of each employee’s W-4, state and local exemption forms, social security card and other permanent data upon hiring and when there is a change. Each pay period (normally on Monday following the close of the work week on Sunday), the payroll administrator transmits payroll information such as hours worked, pay increases, miscellaneous types of incomes and deductions, new hires, terminations, etc. to ALTUS by telephone, fax or email. The changes become effectively immediately, or upon the direction of the client. ALTUS processes payroll, prints payroll checks with detailed stubs ready for the client’s authorized signature (or if the client prefers, digital electronic signatures or signature stamps may be used), client reports, determines tax liability and prepares federal, state and local tax forms, and sends the entire security sealed package to the designated payroll administrator in time for distribution to employees and federal, state and local taxing agencies.

Are the payroll checks written from my account?

Yes. The client provides ALTUS with a copy of a voided check from the account which the client wishes to use for payroll purposes. If the client wishes to maintain only one account, ALTUS will vary check numbers so that the client easily recognizes which checks are payroll checks. The client can choose to maintain control by signing his/her own checks or he/she may choose to use a digital electronic signature or signature stamp. Payroll checks are printed only with the processing of payroll. Therefore, no unused printed check stock is kept on hand, for security purposes. No money is transferred to ALTUS’ bank account. Therefore, the client maintains total control of his/her money at all times.

Our standard service includes:

EVERY PAY PERIOD

-Printed payroll checks with earnings statements for all employees
-Easy to read payroll reports
-New hire reporting
-Copies for your files

EVERY DEPOSIT PERIOD

-Easy to follow instructions for making deposits and filing
-Federal withholding deposits
-State withholding deposits
-Copies for your files

QUARTERLY

-Easy to follow instructions for making deposits and filing
-941 Employer Federal Tax Return
-State Withholding Tax Return
-State Unemployment Tax Return
-Deposit for Federal Unemployment Tax
-Copies for your files.

ANNUALLY

-Easy to follow instructions for making deposits and filing
-Employees W-2’s in sealed privacy envelopes
-Federal W-3 with copies of W-2’s for the Social Security Administration
-Form 940 Annual Federal Unemployment Tax Return
-State Withholding Transmittal Forms with copies of W-2’s
-Copies for your files

OPTIONAL ADD-ON SERVICES

-Direct deposit to employees’ bank accounts
-Workers’ Compensation returns
-Wage garnishments preparation
-Tracking of vacation and personal or sick leave accrued and taken
-Third party payments preparation
-Regular updates on employment law changes
-1099 and 1096 preparation for contract laborers

ALTUS will be happy to provide a rate quotation for your business. Email us your basic information – nature of business, number of employees, pay period frequency, method of payment (hourly, salary, commission, piece work, etc.), and city and state where business is located. We will give you a no-obligation quote very shortly.