Do you hate worker’s compensation insurance audits? You are not alone. This is an annual time-waster for many small business owners.
There is an easy fix. Let me attach the worker’s compensation to you payroll system and a small amount is calculated and withheld each pay period. This eliminates the need for an annual audit because the calculations and reports are handled by the same payroll company computer system. The cost works out to the same with either method.
The time savings by avoiding the audit adds up and there is never any surprise bill at the end of the year.
Don’t have a payroll service that handles this? You would be surprised at how little flawless integrated payroll processing costs. Fees start at about $15 per week for a one person company; no set-up fees.
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