
Payroll Services
If your business has an employer–employee relationship, paying in cash is not only risky—it’s non-compliant. U.S. law requires that wages be issued through an official Payroll system that reports earnings, deducts the correct taxes, and protects both the
business and the worker.
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At My Tax Advisors & Business Solutions, we provide complete Payroll Services to help you meet all IRS and state requirements while giving your employees the security and benefits they deserve.
Why Payroll Matters
Failing to run payroll correctly can lead to:
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IRS penalties
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State fines
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Liability issues
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Problems with Workers’ Compensation
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Inability to issue W-2s
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Risk during audits
Payroll keeps your business legal, organized, and protected—all year long.
Benefits for your company
Running payroll through a professional system gives your business major advantages:
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Tax-Deductible Expenses
Every payment made through payroll becomes a legitimate business deduction.
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Compliance with Federal & State Laws
Avoid penalties, misclassification issues, and expensive IRS fines.
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Professionalism & Financial Clarity
Payroll establishes transparent records and financial stability for your company.
Benefits for your employees
Employees also receive essential protections and documentation, including:
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Pay Stubs Every Pay Period
Clear records of earnings, deductions, hours, and taxes.
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W-2 Forms at Year-End
Required for tax filing, loans, credit, and financial documentation.
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Workers’ Compensation Coverage
Ensures employees are protected in case of workplace injuries.
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Access to Benefits & Credit
Payroll helps employees build a financial history, apply for credit, and qualify for benefits.
What our Payroll Service includes
We manage every step of the payroll process:

Salary & Wage Calculations
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Gross pay based on hourly or salary rates
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Overtime, bonuses, and adjustments

Payments to Employees
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Paychecks or direct deposits
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Accurate net pay after deductions

Required Deductions
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Federal taxes
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State taxes
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Social Security
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Medicare

Reports & Compliance
We generate all payroll reports required by the IRS and your state each quarter.

Payroll Tax Deposits
We process and remit all payroll taxes to the IRS and state agencies on time.

Year-End Documents
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W-2 preparation
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Employer filings
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Annual compliance reports