Wave Payroll’s $20 self-service plan has all the basics, including self-service employee portals, contractor payments, and direct deposit. And its $40 full-service plan (currently available in 14 states) includes federal, state, and local payroll tax filing plus end-of-year tax forms. Benefits administration is often included in payroll services, helping small businesses manage employee benefits such as health insurance, retirement plans, and paid time off.

You’re in good company

If you’re looking for a bookkeeping solution you can stick with for the long run, Bookkeeper has most bookkeeping features you could possibly want as an add-on. Possible add-ons include payroll services, individual and business tax returns, and financial performance reporting with key performance indicators. Even if you only have two employees, online payroll services will simplify running payroll and other aspects of adjusting entries your business. ADP and Gusto are examples of vendors that excel at handling payroll for the self-employed.

• With our expert payroll services, you’ll enjoy peace of mind knowing that your payroll is accurate, compliant, and delivered on time, allowing you to streamline operations and maximize efficiency.
• Before the end of the year, we’ll work with you to develop strategies for minimizing your tax liability through investments, purchases, and strategic planning.
• This function allows employees to be reimbursed for business-related expenses, such as travel costs and off-site meetings.
• To create our rankings we reviewed more than 70 different payroll software providers, looking at features, pricing, and customer reviews.
• Bundled accounting and payroll services offer several benefits for small businesses.

Do I need to Use a Payroll Company for One Employee?

We’re not a fit if you want to keep everything in-house, require complex inventory or job costing, or need full A/P and A/R outsourcing. Deciding when to outsource your bookkeeping and tax work varies for each business owner. Never overpay in tax, and get the aggressive tax reduction planning your business deserves.

Square Payroll — Best for Retail & Food Service Using Square POS

Online bookkeeping services vary greatly in price, depending on the features they offer. Consider your business’s financial services needs before you begin your search so you’re not overpaying or selecting a service that offers more than you actually require. The full-service, dedicated and customized bookkeeping with 1-800Accountant makes it a great option. You’ll get access to features such as personalized financial planning, quarterly reviews, and proactive tax planning and advice. More specialized plans, such as the $5,028-per-year Enterprise plan, also come with a dedicated bookkeeper, personal and business tax preparation and financial reports.

At Business.org, our research is meant to offer general product and service recommendations. We don’t guarantee that our suggestions will work best for each individual or business, so consider your unique needs when choosing products and services. We also weighed our own expert opinion when deciding which payroll features and HR software factors to prioritize. Please note that star ratings are reviewed frequently and are subject to change. Get more in-depth guidance by reading our article on how to find payroll software that meets your needs. SurePayroll also has a household employer payroll option for individuals who employ nannies, tutors, gardeners, cleaners, and other in-house workers.

• The service provider offers both payroll and HR tools and has a robust feature range, including automated taxes, an employee portal, and new hire forms.
• If you’re switching to QuickBooks Payroll from ADP, Paychex or Gusto, you can migrate your employee information and payroll history directly to QuickBooks Payroll.
• Spend less time stressed about bill pay and get back to key tasks, like closing your next deal.
• The platform’s key solutions include multistate payroll, tax management, garnishments, and direct deposits.
• Always inquire about sales, discounts (such as for annual billing) and introductory offers, as well as about setup costs.

Accurate reporting transforms payroll from a back-office function into a decision-making tool. Real-time dashboards and custom reports give you visibility into labor costs, turnover, overtime trends, and compliance metrics — helping you control costs and plan for growth. An outsourced solution also means there’s always someone managing your books, so you never have Bookkeeping and Payroll Services to worry about gaps.