Payroll

Writing checks, keeping accurate records, calculating and paying payroll taxes, and communicating with your employees can be very demanding and costly, especially if you are a small business owner. Outsourcing your payroll services can reduce cost, save time, and make sure that your taxes are correctly calculated. Managing a company's payroll is considered a big hassle even by the most experienced professionals. Outsourcing your payroll to InJoMa is a great alternative to in-house processing and can even help you save money in the long run.

Truth be told, for very small businesses it is actually recommended that they process the payroll themselves. But, if you are a small business owner, you should take into consideration the time needed and the cost associated with in-house payroll management. Without good knowledge of the process and without access to specialized payroll software, it is very easy to make costly mistakes. For example, employees, as well as tax agencies, have to be paid on time and in full, or your business will have to pay penalties.

Processing your company's payroll in-house requires at least the purchase of a computer, the payroll software and the training required in order to use it. Keeping up to date on changes in personnel, salaries, or tax requirements can prove to be a real hassle, so the person or team that handles your payroll must be highly trained and professional.

If your payroll expenses are fairly stable, in-house payroll management can be done without a lot of effort. But if your payroll changes on each pay period, or if you have a lot of employees that don't work a set amount of hours each week, then outsourcing your payroll services to InJoMa might be the better choice.

InJoMa handle calculating each employee's salary and taxes, printing and delivering pay slips, and supplying management and tax reports. Additional services we offer are: Request and supply A1-administration. Hiring InJoMa as your payroll management company can have many benefits that will make running your business a lot easier. Here are the most important:

• Save time - Hiring InJoMa will free up time and employees, allowing the more important areas of your organization to benefit. Processing payroll, writing and delivering pay slips, calculating and paying employment taxes, preparing and delivering tax forms, and handling payroll inquiries are all very important parts of running a business, but your employees' time can be spent more effectively by improving customer service, finding more business, or releasing a new product line.
• Reduce costs - You must not underestimate the cost of in-house payroll processing. The time and resources spent on internal payroll management must be taken into consideration when you consider hiring a payroll company. In most cases, business owners find that, by employing InJoMa as your professional payroll service company, you will save money that can be used to improve other sides of their business.
• Avoid IRS penalties - The European IRS estimates that over 40 percent of small businesses in Europe pay penalties of over €800 per year. These penalties are the result of late or incorrect filing and payments. Besides being a hassle, calculating and filing payroll taxes can attract fairly large penalties if done incorrectly. InJoMa offer you the guarantee that you won't have to pay any penalties if you use our services. Plus, by using InJoMa as your payroll service, you are also guaranteed that the tax paperwork is completed and filed on time.