Payroll

Simplify Your Payroll

Starting with the very first hire, business owners quickly discover that payroll is a time-consuming and complex chore.  While some employers choose to manage their payroll interally, most find outsourcing this task is extremely convenient and holds many advantages.

Cloister Tax Services has teamed with Thompson Reuters (a nationally recognized leader in financial services and software) to bring best-of-class payroll outsourcing to our clients.

Call today for a free quote.

Benefits of Outsourcing Payroll

MyPay Solutions provides many benefits:

• Lets you focus on your business
• Personalized service
• Timely turnaround
• No hidden charges
• Convenient Employee Services
  
  • Direct Deposit
  • 401(k)
  • PayCards
• Online access for employees
• Timely and accurate tax filing

What's Included

Every MyPay Solutions client receives the following for a single, all-inclusive and competitive price:

• General Processing Services:
  • Secure Web Portal Batch Data Entry
  • Secure Web Portal Remote Check Printing
• Federal Tax Filing service and one State Tax Filing
• Direct Deposit
• Electronic Journal Entry for CS Professional Suite Accounting^® or QuickBooks^® software
• myPay Solutions Payroll Web Portal Orientation
• Employee Changes
• New Hire Reporting
• Employee Self Service:
  • Employee Secure Web Portal Self Entry
  • Online Pay Stubs and W-2s
• Digitized Signature
• Digital Logo Added to Checks

Up To 16 Reports Every Payroll

Standard reports provided with every payroll:

• Cash Requirements and Deposits Report
• Condensed Payroll Journal Entry
• Depository Totals Report
• Check Register
• Earnings Report
• Payroll Tax Summary

Optional reports available by request at no additional cost:

• 8846 Worksheet
• Accruable Benefits Report
• Deduction Register
• Employee Check Record
• Employee Listing
• Journal Entry Report
• Local Withholding Worksheet
• Premium Earnings Report
• Tip Analysis Report
• Wage Register

We simply charge a standard per process fee and a per check fee.

Web Employee Portals

Web Employee gives employees private and secure website portals where they can access information and transmit payroll data, providing the ultimate in advanced and convenient services. Web Employee allows your employees to:

• Access pay information including pay stubs, W-2s, and W-4s, online, from any location, 24/7.
• Record time directly, accurately capturing time as they move from project to project.
• Change W-4 information with just a click of the mouse!
• Manage direct deposit or Paycards.

Direct Deposit

Improve employee productivity, eliminate lost or stolen checks (and the hassle of reissuing them), and save time and money. With direct deposit, accounts are automatically paid on time, every time. myPay Solutions complies with all rules and regulations set forth by the National Automated Clearing House Association for moving funds through the ACH network.

Federal Tax Filing and one State Tax Filing

No worries meeting your tax filing obligations. We are fully bonded and insured, and each pay period we will handle the following, automatically:

• Federal tax deposits
• State/local tax deposits
• Electronic filing of 941 Federal Tax Return
• Electronic filing of 940 Federal Unemployment Tax Return
• SUTA forms
• SIT/SDI forms
• Local tax return(s) as required
• 943 Employers' Annual Tax Return for Agricultural Employees
• W-2s and 1099s (annual charges apply)
• W-3 Federal Withholding Recap (annual charges apply)
• 1096 Form (annual charges apply)