We understand that we have to be nails when it comes to payroll tax compliance for our clients. For many employers looking a payroll service bureaus, getting the taxes right is job one. Here’s what we have done recently to make sure that we can offer the highest level of assurance to our customers: we have just signed a multi-year contract extension with MasterTax – then leading payroll tax platform in the US. MasterTax is used in-house by many Fortune 500 companies such as Starbucks, General Dynamics, Cononco Phillips to name a few. It is also used by us. Why? MasterTax supports over 10,000 Federal, State and Local payroll taxing agencies in the US. That’s pretty much all of them.
But that’s not all.. Part of the trick is knowing which taxes come in to play and for this, employers need to look at exact address of work and home locations. To solve this problem, PayNorthwest also utilizes a sophisticated tax engine that employs geo-spatial mapping to determine exact locations, to then determine tax jurisdiction.
But that’s not all. We then apply the most important ingredient – human intelligence (our people) to make sure it is right. So that’s how we nail it for our clients – sophisticated systems combined with human intelligence. Shhhh. Don’t tell anyone…