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I'm really curious how they're doing things such as unemployment insurance filing, local taxes, garnishments, etc. This is a world that is RIPE for the taking
by jspaur 14y ago
I'm really curious how they're doing things such as unemployment insurance filing, local taxes, garnishments, etc.
This is a world that is RIPE for the taking if you can do it right, but for $154/month @ 99 employees, they should be aware they're going to blow 3 times that in support costs (for instance, how do integrate this into GL using Quickbooks? How can I set up my Vacation accrual rule for employees that isn't straight forward, etc.)
- edawerd 14y agoI'm one of the co-founders of ZenPayroll, and I'd be more than happy to help clarify. For all federal, state and local taxes, we automatically debit the tax amount (along with employee pay) during each pay period. We then deposit your employee's pay into their bank accounts. Finally, we pay your payroll taxes to the various government agencies before they are due. In addition to making all tax deposits on your behalf, we automatically file all required government forms, such as 941s, DE-9s, DE-34s, W2s, etc. Wherever a signature is required, we allow you to e-sign the forms right from our site. We also handle benefits, garnishments, and vacation/sick accrual. Integrating with Quickbooks is a feature that is coming very soon. Hope that helps!
- jspaur 14y agoSo you guys handle all states and all localities (and the corresponding tax table updates, etc?) For instance, I have an employee in Florida so I have a UCT-6 for SUI, and also a couple employees in PA (so local taxes galore) How do you handle a state such as California where the employee has to OPT OUT of receiving a paper paystub? Don't take this as me bashing what you guys are doing, I'm just genuinely interested as this is a little bit of a hobby of mine (payroll consulting) EDIT: I just read that they only support California at the moment. Bummer.
- edawerd 14y agoYou are correct, we only support California at the moment. However, we'll be rolling our more states in Q1, and will have full 50 state support in Q2. For California (and for all other states we will support in the future), we handle all the tax deposits and forms for you, including all tax table updates throughout the year. We'll even take care of payroll compliance for you, such as filing new hire reports to the state. Our goal is to really abstract all the complexities of payroll into a really simple, and easy-to-use web-app. Part of that is making sensible assumptions about things (like paper paystubs), while making sure the employer is always 100% compliant. p.s. We love payroll consultants, as we have several of our own to navigate all the intricacies of payroll!
- imroot 14y agoCurious to know how you'd handle small county/town Kentucky, where you can only file the forms in person, and only on Wednesdays. (I've had to deal with this a few times when working remotely for companies in town...) Seriously, though, congrats on the funding, and let me know when you support KY :)
- deleted 14y ago[deleted]