When Innovative Payroll Processing handles your payroll tax filing and payments, it's our responsibility to comply with all the new tax laws and ensure that your taxes are filed accurately and deposited on time—guaranteed. We assume complete responsibility for all payroll tax deadlines, relieving you of the burden for any late payment penalties. Innovative Payroll Processing verifies all the tax information you provide to ensure your account is accurate and up-to-date from the very beginning. As part of our routine compliance audits, Innovative Payroll Processing stays in direct contact with each state on a regular basis to validate and confirm your tax rates and filing frequencies.
Innovative Payroll Processing automatically calculates, files, deposits and reconciles your payroll taxes in compliance with Federal, state and local regulations. Tax payments are remitted timely with funds drafted from your designated bank account each time you run a payroll. Each payroll you will receive a Payroll Tax Summary report that details by pay period any and all wages, employee taxes, employer liabilities and deposits. This summary is a cumulative report providing quarter-to-date and year-to-date balances. Each quarter, you will receive copies of all filed returns.