Guidance in Payroll, HR & Employee Benefits
Payroll Services payroll and HR solutions
Optimized Payroll Outsourcing for Every Business Size
At INFINITI HR, we are dedicated to providing customized outsourced HR payroll services designed to meet the unique needs of each business, regardless of their size. Our services aim to streamline your payroll operations, ensuring that all tax responsibilities are handled accurately and on time.
Empower Growth, Minimize Complexity
Don't let the complexities of payroll distract you from the essential goals that foster long-term growth. Our user-friendly and adaptable payroll services are crafted to maintain seamless business operations, freeing up your time to focus on what truly matters for your business's expansion.
Features of Our Payroll Services
Adaptive Payroll Processing Solutions: We offer a wide array of services including diverse time reporting options, check printing, and comprehensive funds processing to meet your payroll needs precisely and efficiently.
Integrated Accounting Solutions: Our services include a General Ledger (GL) interface that is compatible with major accounting software systems like Great Plains, Peachtree, QuickBooks, and Data Pro. This integration facilitates smoother accounting processes, backed by real-time tax calculations using the Vertex Geocoder system for ensured compliance and precision.
Free W2: Enjoy free W-2 processing as a key feature of INFINITI HR's payroll services, simplifying year-end procedures and reducing administrative burdens for your business.
Comprehensive Payment and Deduction Handling: We manage direct deposits and deductions such as garnishments and child support, ensuring timely and accurate employee payment. Our service includes a robust selection of both standard and customizable reports, thorough management of report filings, and diligent production of W-2 forms.
Transform Your Payroll Experience with Expert Solutions
Whether you're new to outsourcing HR and payroll services or are considering switching providers, our team of specialists is here to assist you. We're dedicated to refining your payroll services to perfectly align with your business's specific needs.
Explore our personalized payroll solutions and learn how they can transform your business operations. Reach out to us today to begin your journey toward streamlined payroll management, enhanced compliance, and strategic business growth.
Common Payroll Mishaps
Common payroll mishaps by business owners can have significant consequences, from financial penalties to employee dissatisfaction. Here are some of the most frequent payroll mistakes:
Misclassifying Employees:
Exempt vs. Non-Exempt: Misclassifying employees as exempt (salaried) or non-exempt (hourly) can lead to incorrect payment of overtime wages.
Employee vs. Independent Contractor: Misclassifying workers as independent contractors instead of employees can result in legal and tax issues.
Incorrectly Calculating Overtime:
Failing to correctly calculate overtime pay for non-exempt employees can result in underpayment and potential lawsuits. Overtime should be calculated at one and a half times the regular pay rate for any hours worked over 40 in a workweek.
Missing Deadlines:
Missing payroll deadlines can result in late payments to employees, which can lead to dissatisfaction and possible legal penalties. Timely filing of payroll taxes is also crucial to avoid fines and interest charges
Failing to Maintain Proper Records:
Not keeping accurate and up-to-date payroll records can lead to issues during audits and when calculating benefits or resolving disputes. Employers are required to keep payroll records for a certain number of years (typically three to seven years).
Incorrect Tax Withholding:
Incorrectly withholding federal, state, or local taxes from employees' paychecks can result in tax liabilities for the business and the employee. This includes improper handling of payroll tax deposits and filing incorrect tax forms.
Ignoring Wage Garnishments:
Failing to comply with court-ordered wage garnishments can lead to legal repercussions and fines. Employers must accurately deduct the required amounts and remit them to the appropriate agencies.
Errors in Direct Deposit:
Mistakes in setting up or managing direct deposit information can cause delays in employee payments and administrative headaches.
Not Staying Updated with Labor Laws:
Failing to stay informed about changes in federal, state, and local labor laws can result in non-compliance. This includes new minimum wage laws, overtime regulations, and other labor-related requirements.
Inaccurate Benefit Deductions:
Errors in calculating and deducting benefits such as health insurance, retirement contributions, and other employee benefits can lead to underpayment or overpayment issues.
Not Providing Pay Stubs:
Failing to provide employees with accurate and detailed pay stubs can lead to transparency issues and non-compliance with state laws that require pay stub issuance.
Ensuring accurate and compliant payroll processing requires attention to detail, regular updates on laws and regulations, and sometimes professional assistance or software to manage the complexities involved.
