The trickiest part of issuing paychecks is determining the correct tax deductions.

Related articles: Business Tax Preparation, Accounting Software, Bookkeeper, Accountant Bank of America's Business 24/7 program provides free online payroll services if all payments go into BOA accounts.

For $14.95-$59 a month (some subscriptions must be paid a year at a time), Intuit provides online payroll services with updated tax tables that work with its QuickBooks accounting software.

For example, a Northern California retail store with two locations and 12 employees pays about $80 a month to a CompuPay franchisee for issuing twice-monthly paychecks as well as calculating and filing all monthly, quarterly and annual state and federal payroll tax forms.

A basic payroll service averages $0.80-$2.00 per check, plus a base account fee which varies depending on the frequency of payroll periods, while options such as tax filing and direct deposit can add $4-$9 per payroll period, according to.

Cost of Payroll Service - Small Business - CostHelperĬostHelper > Small Business > Payroll Service

Cost for quickbooks payroll service