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?
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.