Online ePayroll payroll services are sure to have advantages, from the complicated handling of 401k and tax filings to the mere provision of direct deposit service. Be sure to familiarize yourself with the attributes that will allow you to select an online payroll service that is right for your business.

Direct deposit is one of the most common on the net epayroll feature. Instead of your business needing to create and deliver regular checks, direct deposit allows workers’ payroll to be easily transferred to your checking account. If this is really the only feature you are looking for, it may not be necessary to pay money for a web payroll service. You should be able to get the ability to make direct deposits through your bank or ACH service.

Tax filing is a great aspect that various electronic payroll services make available. With this function they will manage the filling of payroll taxes. This is usually for all of your payroll taxes. If you want this attribute, you’ll want to use a company that ensures the accuracy of tax returns and takes legal responsibility in the event of an erroneous tax return.

W-2 services mean you no longer have to prepare W-2 forms for your staff each year. With this function, your online payroll service does them for you. Plus, the electronic payroll service saves W-2 forms so your workers can go to the payroll merchant to change their tax withholding at any time instead of bothering you or your HR staff.

1099 contractors can be a pain in the ass and keeping up with 1099s can be frustrating when using independent contractors. Several electronic payroll services handle this on your behalf in addition to compensating your regular W-2 workforce.

Documentation of new employees is usually handled by the payroll service. This usually means you don’t have to bother filling out the proper paperwork every time you hire someone. The online electronic payroll service can take care of completing the correct paperwork and sending it to the correct agencies.

Verification of new hires is a problem, especially with growing concerns about illegal immigration and illegal employees. If desired, some electronic payroll providers can perform record checks and verify worker status for new hires.

Vacation and sick day records are tracked by online payroll providers. Many times, your workers can check a web portal to find out the number of days they have left.

Non-tax payroll deductions can be significantly problematic to maintain. This ranges from 401k benefits to child support compensation to judgments enforced by courts. Many online payroll providers can handle this for you, and again, your employees can often deal directly with the payroll provider regarding deduction issues.

Accounting integration is an important element. The most common accounting application is QuickBooks, and several online payroll providers integrate with QuickBooks. Some also integrate with other accounting applications.