Payroll affects cash flow, tax deposits, bookkeeping, and year-end reporting. Paychecks and payroll tax deposits run through a payroll provider, which also files Forms 941, 940, W-2, and W-3; GHL works with payroll providers and can get you set up with one. GHL records each payroll in the books and ties it to the business tax return, so the numbers match.
Compare servicesThe scope is reviewed before work begins, and the fee follows from it. For payroll, the fee depends on things like:
The agreed scope and fees are written in the Engagement Letter before work begins.
This list helps you get ready for the first conversation with GHL.
No. Paychecks and payroll tax deposits run through a payroll provider, which also files the payroll tax forms. GHL works with payroll providers and can get you set up with one, then records each payroll in the books and reconciles the deposits and filings to the books.
The payroll provider files Forms 941, 940, W-2, and W-3. GHL reconciles those filings to the books, so the wages and taxes they report match what was recorded.
Yes. Each payroll is recorded in the books, so wages, tax deposits, owner pay, and year-end forms all agree.
Payroll is best reviewed before quarter-end and year-end deadlines, especially when owner compensation, deposits, or entity changes are involved.
