FORMS

According to the IRS, payroll taxes, in their most concise definition, will work this way:

• Employers withhold payroll taxes and income tax from employees' pay.
• Employers send the amounts withheld to the federal government.
• Employees complete Form W-4.
• Employers use Form W-4 to determine how much income tax to withhold from employee pay.

Simple, right? But only if you’re an ABP client!
So here are some useful resource and links for the do-it-yourselfers:

The IRS introductory payroll tax presentation available here:
http://www.irs.gov/app/understandingTaxes/hows/tax_tutorials/mod01/tt_mod01_01.jsp

The IRS Tax Glossary of Terms: http://www.irs.gov/app/understandingTaxes/teacher/glossary.jsp

The full set of IRS Employment Tax Regulations are here:
http://www.irs.gov/businesses/small/article/0,,id=172179,00.html

You are welcome to read and become expert at the rules and regulations directly, or you can just rely on ABP to handle all your payroll and compliance requirements!

Here are some frequently requested IRS Forms:

W4 http://www.irs.gov/pub/irs-pdf/fw4.pdf
I-9 http://www.uscis.gov/files/form/i-9.pdf
W7 http://www.irs.gov/pub/irs-pdf/fw7.pdf
W9 http://www.irs.gov/pub/irs-pdf/fw9.pdf
1040 http://www.irs.gov/pub/irs-pdf/f1040sab.pdf
1099 http://www.irs.gov/pub/irs-pdf/f1099msc.pdf

Here are some frequently visited Tax Information Websites:

Internal Revenue Service
www.irs.gov

Social Security Administration
www.ssa.gov

FAQ's

• Other organizations offer payroll solutions, what's so special about ABP Payroll Services?
  At ABP, you will find each of our employees accessible, accurate and knowledgeable. Since payroll is our number one area of expertise, we continually keep up to date with the rulings and regulations that affect payroll.
• Currently, our Human Resource Department handles our payroll. Why outsource it?
  By taking the sensitive and private information of payroll outside the office walls, you give employees a greater feeling of confidentiality. In this way, there are no concerns that gossip will include salaries or pay information.
• We only have one employee. Is it worth the expense?
  Absolutely! As a business owner, your time and energy are stretched to the limit. For a small monthly fee you can have your payroll needs met and provide your employee(s) with the same benefits they would experience with a larger company.
• How much service can we opt for?
  You can opt for as much, or as little, service as you like. Because of our flexibility, we are able to customize our services to suit your specific needs. Options can be added or removed at any time.
• Do we have to sign a long-term contract?
  Not at all! We believe once you begin using our services, you will immediately appreciate the benefits provided by APB. We guarantee your satisfaction with our service and strive to achieve a long-term relationship with your business. However, if you are not satisfied, you have the right to terminate our services at any time.