Employer Responsibilities: Outsourcing Payroll |
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NOTE: This headliner is current through the publication date. Since changes may have occurred, no guarantees are made concerning the technical accuracy after the publication date.
Headliner Volume 243
August 15, 2008
Outsourcing payroll duties can be a sound business practice, but know your tax responsibilities as an employer.
Many employers outsource some of their payroll and related tax duties to third-party payroll service providers. They can help assure filing deadlines and deposit requirements are met and greatly streamline business operations.
Employers who outsource some or all of their payroll responsibilities should consider many factors, including the fact that employers are ultimately responsible for the payment of income tax withheld and both the employer and employee portions of social security and Medicare taxes.
More information about choosing a third-party payer is available at the Outsourcing Payroll Duties Web page.
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Page Last Reviewed or Updated: August 19, 2008