PayTime LLC
Providing Quality,Affordable Payroll Services

There's Never Been Better Time

To Experience the Pay Time LLC

Payroll solutions at a new value!

The payroll process is a tedious one, requiring accurate record keeping, timely check disbursal and compliance with applicable laws.

Key challenges in the payroll process include:

Significant time consuming: According to Business Week, "processing your own payroll requires 54 steps and eats up between 40 to 60 hours each year, even for two-employee companies." Calculating payroll amounts and deductions is a detailed, time-consuming process, and employer mistakes in payroll processing are unfortunately easy to make.

Expenses: Self-processed payroll can be surprisingly expensive. Business Week reports that "each year, 40% of small businesses pay the IRS an average penalty of $845 for improperly filing their payroll taxes." In addition, companies overpay federal and state insurance for unemployment by over a million dollars per year, creating a significant negative impact on a company's bottom line.

 The Advantages of Outsourcing:

Time savings: Employers who use payroll outsourcing services have far less paperwork and spend just a few hours on payroll each year, unlike the estimated 60 hours most employers spend. This frees up an employer's time to focus on the actual business.
 
Cost reduction: Payroll is typically the first service that businesses consider outsourcing - often at the advice of their accountants. Using a payroll processing service typically costs a great deal less than hiring an additional employee to handle payroll. As you know, "Time is money: if the person who handles payroll spends 60 hours processing payroll each year, [a significant portion] of his or her salary goes toward managing payroll. If the business owner processes payroll, the cost may be two to three times that amount."

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" Because you have Better things to do". 

203-757-0808 or 203 -575-8331