Payroll Processing involves managing employee compensation, including wages, deductions, and tax obligations, to ensure accurate and timely payments while complying with regulatory requirements. It includes calculating salaries, withholding taxes, and maintaining records for compliance and reporting. At NYCA Global LLP, our Payroll Processing services simplify these tasks for small businesses, guaranteeing smooth payroll administration and following tax regulations.

What We Provide:

• Salary Calculations: We compute gross and net pay, accounting for hourly wages, overtime, and bonuses.
• Tax Withholdings: We calculate and deduct income tax, social security, and other statutory contributions accurately.
• Payslip Generation: We create detailed payslips for employees, outlining earnings and deductions clearly.
• Compliance Filings: We prepare and submit payroll tax filings, ensuring compliance with labor regulations.
• Direct Deposit Setup: For effective employee payments, we provide safe direct deposits.
• Record Keeping: We maintain accurate payroll records for audits and regulatory reporting.
• Year-End Reporting: We generate W-2s, 1099s, and other year-end forms for tax purposes.