Payroll Services
for Medical Practitioners

At Custom Accounting CPA in New York, we understand the unique payroll needs of medical practitioners. Running a healthcare practice involves more than patient care—managing your team’s compensation accurately and efficiently is critical for maintaining compliance and ensuring staff satisfaction. Our specialized payroll services are designed to meet the complexities of medical practices, allowing you to focus on delivering exceptional care.

Why Accurate Payroll Matters
for Medical Practices

Payroll management is a cornerstone of running a successful healthcare practice. Errors or inefficiencies can result in compliance issues, unhappy staff, and even legal penalties. With our expert payroll services, you can:

  • Ensure Compliance: Adhere to tax regulations and labor laws specific to healthcare.
  • Save Time: Streamline payroll processing and reduce administrative burdens.
  • Boost Employee Satisfaction: Ensure accurate, timely payments for your team.
  • Minimize Risk: Avoid costly errors and penalties related to payroll taxes and filings.

Our Comprehensive Payroll Solutions

1. Employee Payroll Processing

We handle every aspect of payroll processing for your medical practice, including:

  • Calculating salaries, overtime, and bonuses.
  • Managing payroll deductions for benefits, retirement plans, and more.
  • Generating detailed payroll reports for your records.

2. Tax Withholding and Filing

Navigating payroll taxes can be complex. Our team ensures that:

  • Federal, state, and local taxes are withheld and filed accurately.
  • Your practice stays compliant with changing tax regulations.
  • End-of-year forms, including W-2s and 1099s, are prepared and distributed.

3. Direct Deposit and Payment Options

We offer secure and efficient payment options, including:

  • Setting up direct deposit for all employees.
  • Offering alternative payment methods as needed.
  • Ensuring timely payroll distribution to avoid disruptions.

4. Customized Payroll for Medical Practices

Medical practices often require unique payroll setups, such as:

  • Managing payroll for physicians, nurses, administrative staff, and contractors.
  • Handling variable pay structures for part-time and on-call employees.
  • Allocating payroll costs across different departments or locations.

5. Compliance and Recordkeeping

Our payroll services include maintaining meticulous records to:

  • Ensure compliance with labor laws and healthcare-specific regulations.
  • Prepare for audits and minimize risks associated with non-compliance.
  • Provide detailed payroll history for financial planning and analysis.

6. Support for Employee Benefits

We assist with integrating payroll and employee benefits administration, including:

  • Tracking deductions for health insurance, retirement contributions, and more.
  • Coordinating benefits for medical staff based on their unique roles.
  • Providing insights into benefits optimization for cost efficiency.

Why Choose
Custom Accounting CPA?

  • Expertise in Healthcare Payroll: We specialize in serving medical practitioners by offering tailored solutions that address compliance with healthcare-specific labor laws, managing payroll for diverse staff roles within a practice, and handling tax complexities related to healthcare employee benefits.
  • Accurate and Reliable: Our team ensures that your payroll is processed accurately and on time, eliminating the risk of errors or delays that could disrupt your operations.
  • Time-Saving Technology: Using advanced payroll software, we automate processes to reduce administrative tasks for your practice, provide real-time access to payroll data and reports, and enhance accuracy and security in payroll management.
  • Proactive Support: Our proactive approach means we don’t just process payroll—we offer guidance and recommendations to optimize your payroll system and ensure compliance.

Designed for Medical Professionals

Our payroll services are ideal for:

  • Private Practices: Simplify payroll management for small teams.
  • Group Clinics: Ensure consistent and compliant payroll across multiple practitioners.
  • Specialized Healthcare Facilities: Manage complex pay structures and benefit programs.

Focus on Patient Care, Leave Payroll to Us

At Custom Accounting CPA, we are committed to providing medical practitioners with efficient, accurate, and compliant payroll services. Let us handle the complexities of payroll so you can focus on what matters most—caring for your patients.

Contact us today to schedule a consultation and learn how our payroll solutions can benefit your practice.