Taking care of the people who take care of your business
From business owners to employees, and even contractors, ensuring accurate and timely pay is critical.
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With our complete payroll service you'll spend less time calculating wages and managing liabilities, because we handle it for you.
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We remove the guesswork by providing you best practice guidance and ensure all necessary reports are filed, to keep you in compliance with state and federal agencies.
The Remedy for Your Payroll Headache.
Managing payroll in-house might feel like a necessary cost-saving measure—but for many small business owners, it leads to unnecessary stress, missed deadlines, and expensive mistakes. Without the right systems, knowledge of labor laws, and consistent oversight, payroll can become more of a burden than a benefit. Basswood eliminates the guesswork and brings consistency, compliance, and clarity to your payroll process, so you can stay focused on growing your business.
Don't Miss a Deadline
Filing payroll taxes late or missing pay periods can result in penalties and frustrated employees. With Basswood's reliable payroll schedules and proactive reminders, you stay ahead of due dates in good standing with agencies and your team.
Automate & Save Time
Trying to manage payroll without automation eats away at valuable hours. We use best-in-class payroll tools and streamline your setup, so processing payroll becomes a seamless, efficient process—not a weekly scramble.
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Never Fear Another Notice
Got a letter from the IRS or your state agency? Without clear understanding of the requirements, this can be overwhelming. We explain what these notices mean and resolve any issues on your behalf—no need to panic over paperwork.
Correct Calculations & Accurate Withholdings
Small errors in employee paychecks, benefit deductions, or tax withholdings can lead to big problems. Basswood ensures accuracy through proven workflows and careful reviews, so your payroll is precise.
Boost Employee Confidence
Inconsistent pay schedules or paycheck errors can erode trust between employees and business owners. Basswood ensures your team is paid correctly and on time—building confidence and stability throughout your team.
Reduce End-of-Year Stress
Close out the year with confidence. We prepare and deliver W-2s and 1099s accurately and on time, giving your employees and contractors what they need to start a fresh new year.
Adapt to Changing Rules
Labor laws and payroll tax requirements change frequently. Basswood stays up to date with federal and state regulations, helping you adjust processes, maintain compliance, and avoid risks.
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Empower Your Employees
Without organized records, it's difficult to provide pay history, resolve employee questions, or file accurate reports. Basswood maintains clear, accessible payroll records to keep your team members informed and your operations running smoothly.
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Upgrade Your Onboarding
New Hire? No problem. We'll help you retrieve the necessary data, collect forms, setup payroll, and stay in compliance with hiring requirements, by streamlining your onboarding into a standardized process.
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Building Your Business with Basswood
Small business owners often find themselves operating in multiple roles, juggling a variety of responsibilities, and unable to focus on what's most important. At Basswood, we strive to empower small business owners to do what they do best—build their business. By outsourcing your business's financial organization and compliance management, you gain financial insights that lead to informed decisions, more time to focus on the future of your business, and peace of mind knowing you have a financial partner you can trust.
Financial insights that lead to informed decisions
More time to focus on the future of your business
Peace of mind knowing you have a financial partner
A Dedicated Account Manager Committed to Your Success.
As your financial partner, we are committed to supporting the growth of your business. Your dedicated Account Manager develops a deep understanding of your business to ensure consistent organization of your financial data, timely pay for your employees and contractors, and sustained compliance with governing agencies. They serve as your primary point of contact, equipped to provide you with QuickBooks Online support and answer questions as they arise.
What to Expect From Your Account Manager
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Weekly/Bi-weekly Organization of Transactions
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Monthly Reconciliation of Bank and Credit Card Accounts
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Management-use Reports and Financial Statements
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Reporting & Remittance of State Sales Tax​
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Employee Onboarding Assistance
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Scheduled Pay for Employees & Contractors
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Calculation & Remittance of Payroll Withholdings
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Preparation & Filing of Wage Reports
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End-of-Year Reporting (1099s & W-2s)
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​QuickBooks Online Technical Assistance
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Compliance Guidance and Best Practices
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Notice Interpretation and Resolution
