Practical Accounting solutions

Payroll Services

Services provided include, but are not limited to the following. If there are items not listed that you are interested in, please ask.

  • Weekly, Bi-Weekly or Monthly Payroll processing

  • Creation of Paystubs

  • Creation of Paychecks for employees and independent contractors

  • Schedule Direct Deposit for employees and independent contractors

  • Withhold amounts for benefits and other items from employee pay (i.e. health insurance, retirement, garnishments, etc.)

  • Creation of Payroll summary report which includes tax and withholding amounts

  • Schedule Bi-weekly, Monthly or Quarterly payroll tax payments to the IRS

  • Schedule Bi-weekly, Monthly or Quarterly employee withholding tax payments to the VA Department of Taxation

  • Schedule Quarterly unemployment tax payments to the Virginia Employment Commission

  • Schedule Annual Federal Unemployment tax payments to the IRS

  • Creation/Filing of Quarterly Form 941 for IRS

  • Creation/Filing of Bi-Weekly, Monthly or Quarterly Form VA-5 for VA Department of Taxation

  • Creation/Filing of Quarterly Form FC 20/21 for the Virginia Employment Commission

  • Creation/Filing of Annual Form 940 for IRS

  • Creation/Filing of Annual Form VA-6 for VA Department of Taxation

  • Creation of W2 and 1099-MISC forms for employees and Independent Contractors

  • Creation/Filing of W3 and 1096 forms with the Social Security Administration and Virginia Department of Taxation

Fredericksburg Payroll Services