BOOKKEEPING & PAYROLL SERVICES
Start Your Books On the Right Foot!
Smart business owners know the importance of keeping a close eye on their company’s financial records. Without them, sound business decisions based on solid financial numbers cannot be made.
Rogue Tax Professionals understand your company’s needs.
Bookkeeping Setup, Training, and Support
Not all businesses need the services of a full charge bookkeeper right of out of the gate, in fact in most cases, business owners can empower themselves by learning to do and maintaining the bookkeeping themselves.
Rogue Tax leverages modern technology, to setup a bookkeeping system can be handled by the business owner or administrative staff.
Financial Reporting & Budgeting
There are two types of bookkeepers: Those that perform simple bookkeeping tasks (e.g. data entry tasks, pay bills, make deposits, and reconcile bank payments) and those that also fully understand financial reporting as it pertains to your business.
Rogue Tax is proud to offer you a comprehensive presentation of your financial position.
Bookkeeping Review & Oversight
Internal controls and segregation of duties are a very important component of an accounting system.
We can help your organization mitigate loss due to fraud and/or incompetency by acting as a third party and fulfilling the bookkeeping review and oversight requirement.
Over the years, we have developed a methodology of bookkeeping that allows us to easily understand the cash activity of a business.
By utilizing this methodology, we can recognize trends and use those trends to achieve financial goals in the future.
WE TAKE THE COMPLEXITY OUT OF PAYROLL
Payroll is a complicated component of your accounting system, primarily because of the number of tax treatments, government regulations, & deadlines that go into the payroll process.
While most payroll software will help you to fulfill some of the payroll requirements, many business owners find payroll burdensome and stressful.
Includes but is not limited to weekly, biweekly, semimonthly,& monthly, quarterly payroll check processing, from one to one hundred employees.
The most convenient form of fund delivery, employee pay is directly deposited into the employees’ bank accounts.
Paycheck Printing & Courier Delivery
Employee paychecks are printed on two part paper checks and delivered to clients’ place of business for distribution.
Payroll Delivery by Email or Fax
Reports and payroll information is communicated by email or fax. The client is responsible for delivering checks stubs and issuing net paychecks to their employees.
Electronic Tax Liability Payments
Payroll Services include the calculation and accumulation of payroll taxes which are then electronically transferred from the employer’s business bank account to the taxing authorities.
Quarterly and Annual Reporting
Payroll services include the population and delivery of all required reports including, Forms 941, 944, 940, 132, OQ, WR, W-3, & W-2s.
Payroll Can be Costly When Done Incorrectly
Payroll is very time sensitive, there a number of rules concerning when payroll tax liabilities should be paid, and when payroll reports are required to be submitted. If taxes are not paid and reports are not submitted on time the taxing authorities will assess significant penalties & interest.
Concerning payroll taxes, the taxing authorities hold business owners and nonprofit leadership highly accountable, because payroll taxes are considered to be the employees’ and not the organizations; therefore, failure to pay the payroll taxes is considered to be theft.
Choose the Right Payroll Company & Reduce Fraud Risk
Many payroll providers’ pool client funds into a clearing account before funds are paid to the taxing authorities and employees.
A common fraud scheme that is committed by people claiming to be payroll processing companies, is perpetrated when a “payroll company” withdrawals their clients’ money, and puts it into an Intermediary or Clearing Account.
The victim assumes the “payroll company” is sending the money to the appropriate parties; instead the company never sends it, withdrawals the money and closes their business. The victim company has lost their money and is left with unpaid payroll tax liabilities, penalties, and interest.