Taxes are always a financial burden. But with BestPay you can significantly reduce the burden on your resources. BestPay maintains all taxing authority updates within our payroll software. We also give you real time updates to your tax liabilities with flexible deposit and filing options. BestPay will:
- Deposit federal withholding, FICA, FUTA
- File quarterly and annual federal 941 and 940
- Deposit state and local withholding and SUTA
- File state withholding and unemployment returns
- File local withholding returns
- File year-end tax forms, with copies provided to you for your records
- Comply with IRS regulations using the Electronic Federal tax Payment System (EFTPS)
- Comply with state magnetic tape filing requirements—Wage and deduction reports
- Complete annual employee W2's and employer W3
You also have the option to print signature ready 941, 940 and quarterly tax forms for all states to make deposits and file tax returns on your own.
You can authorize access to the Software for your CPA or accounting professional to ensure proper record keeping for corporate income tax returns.