Managing employee payroll is a constant headache for small business owners. From printing checks to filling out tax documents, it often seems like you spend more time managing payroll than you do on your product or service. If preparing payroll leaves you frustrated, Cheryl Hawkins of Cheryl Hawkins Tax and Accounting in Jordan, MN, says you can find relief by hiring a payroll service to do it for you.

Below, she explains three reasons your business should utilize payroll services:

• Save Money: You might think managing payroll in-house will save money, but it’s quite expensive when you factor in the time you and your employees spend working on it. Payroll services specialize in bookkeeping and use advanced software, enabling them to perform the service for less than you can on your own.
• Increased Focus & Reduced Stress: As a business owner, you want to center your attention on the aspects of your business you are passionate about, not tedious tasks, like payroll. Every minute you spend writing checks or preparing tax documents is a minute you are not able to work on growing your business and improving your product or service. Outsourcing to a payroll service will reduce your stress level and allow you and your employees to be more productive by focusing on what you do best.
• Legal Compliance: Managing your company’s payroll makes you liable for maintaining legal compliance with complicated IRS regulations, and running afoul of their rules will net you a costly penalty. A professional payroll service specializes in this line of work, so they are more equipped to help you comply with the frequently changing legislative landscape.

To learn more about how payroll services will help your business operate more efficiently, contact Cheryl Hawkins Tax and Accounting. As a certified public accountant, she possesses the expertise to protect your financial interests. Call (952) 222-8272 to schedule a judgment-free appointment, or visit her online to learn more about her tax preparation and accounting services.