The “behind the scenes” of running a small business is chock-full with all kinds of administrative tasks. Some of these are more fun than others but nonetheless important. Running your business’s payroll and providing your employees with pay stubs is a crucial task but also a daunting one.
On top of running your payroll, most small businesses are responsible for filing tax Forms 940, 941, W-2, 1099-NEC, 1099-MISC, etc… With so many forms to create, file, and payment withholdings to manage, you need an easier way.
Businesses are choosing to go digital and automate their entire payroll process. Using an online pay stub generator such as 123PayStubs, you can handle your payroll and file your tax forms all in one convenient and easy-to-use place.
Need to generate professional pay stubs and file your taxes on time? 123PayStubs is here to help.
Generating Pay Stubs
Pay Stubs are necessary and important documents for both you and your employees. Pay Stubs are vital records for proof of income as well as preparing for tax filing. So, although the payroll process is inescapable, there are much easier options than doing it manually.
Using an online pay stub generator can help to drastically simplify the payroll process and ensure your pay stubs are correct. Employers and sole proprietors can use 123PayStubs to generate professional pay stubs in just a few minutes.
Accurate Payroll Calculations
Having accurate data on your pay stubs will come in handy when it comes time to file your taxes. When you use an online pay stub generator, you can ensure your pay stubs will be accurate. Having this information will help you save time while filing your taxes.
123PayStubs will provide accurate payroll calculations for Federal and State income tax withholdings, FICA taxes, Year to Date (YTD) calculations, and withholding calculations based on Form W-4. At 123PayStubs, all the calculations of deductions and income tax withholdings are based on current tax laws and requirements, so your information will always be up to date and accurate.
Customizable Pay Stubs to Fit Your Need
Another benefit of using an online pay stub generator is that you can customize your pay stubs to fit your business’s needs. You can choose from a variety of professional pay stub templates and personalize the templates with relevant information for your business such as your company logo.
When you use 123PayStubs templates, you can add last year-to-date values to your pay stubs as well as include FUTA or SUTA if required.
We know every small business is different and it’s important that your pay stub templates can include all the pertinent information that will help your employees and your records. 123PayStubs customized templates can reflect all of your business’s necessary information in an easy-to-read format.
Another helpful resource of online pay stub generators is the ability to review your pay stubs and make corrections if necessary. It is important to review your pay stubs before submitting them. If the information you input on your pay stubs is correct, then the calculations will be correct as well. With 123PayStubs, you can make unlimited corrections at no additional cost.
After you’ve completed your pay stubs, your work is still not done! As a small business owner, you know there are several important tax deadlines you must meet throughout the year in order for your business to stay compliant. Luckily, 123PayStubs is more than just a paystub generator.
With 123PayStubs, you can use our streamlined technology to automatically generate and e-file your tax forms and make necessary tax deposits. We support e-filing of Forms 941, W-2, 1099-NEC, 1099-MISC, and extension forms.
The accurate pay stubs your created with 123PayStubs will provide you with helpful information regarding your tax liabilities and what to do with them. The data in your pay stubs will serve as a helpful reference when you are completing your tax returns and all the information you will need is stored securely in your 123PayStubs account.
When you e-file with 123PayStubs, you can ensure your quarterly and annual tax filings will be accurate and submitted on time. You will also receive your IRS filing status instantly.
Handling Payroll Yourself?
You are at the right place! With 123PayStubs you can generate pay stubs for your employees, contractors, and gig workers with accurate calculations and include any additional income or deductions. With the help of your professional pay stubs, you can submit your tax returns quickly and easily on 123PayStubs.
Creating pay stubs and filing your tax forms with 123PayStubs is as straightforward as it gets. We will set you up with all the necessary tools and information to guarantee your payroll process is both efficient and accurate.