Wondering How to do Payroll in Texas? We will show you how..
Do Texas payroll hassle-free by using our Texas small business payroll software. Federal and Texas state taxes are automatically computed this saves time and avoids fees that may be incurred with manual calculations. Texas payroll software generates checks, Texas payroll reports and Texas state forms. For more information go to www.realtaxtools.com .
Follow a step by step guide to easily create 2010 Texas payroll. This versatile Texas software allows the user to select types of incomes, taxes and deductions that apply to their employees. Choose from categories that are built- in to the program or add your own unique income, tax and/ or deduction. Some types of incomes supported are salary, commission and hourly pay and some deductions supported are 401K, health insurance and child support.
Texas payroll software supports Texas State unemployment reporting. Payroll Mate 2010 creates the file that the user uploads (recommend method) to The Texas Workforce Commission (TWC). Texas Workforce Commission allows business owners to submit the form on a CD also. The due date for Employers’ Quarterly Report is April 1, 2010, July 1, 2010, October 1, 2010 and January 1, 2011. Find more information about Texas payroll at http://www.twc.state.tx.us/ or call 800-832-9394.
Texas Cafeteria Plan: In Texas, a Cafeteria Plan is a formal and written employee benefit plan which is offered to all participants who are employees. Participants may choose among two or more benefits consisting of cash and statutory nontaxable benefits. Employer contributions used to fund the following benefits are exempt from the state payroll unemployment tax: Retirement, Sickness or accidental disability , Medical or hospital expenses in connection with sickness or accidental disability and Death . Employee contributions used to fund benefits by salary reduction or deduction from the employee’s base pay would be taxable to the TWC, regardless of what they are used to purchase or provide.
Texas 401(k) Plan: In Texas, a 401(k) Plan is an elective contribution and deferral to a plan containing a qualified cash or deferral compensation arrangement. Employer contributions into a Section 401(k) trust, which meet the requirements outlined in paragraph (a) of the Internal Revenue Code Section 401 and are exempt from income tax under Section 501(a) of the Code, are not considered taxable wages for state unemployment tax purposes. Employee contributions from a salary reduction or deduction from the employee’s base pay are taxable under Texas state unemployment tax laws.
Texas payroll software has the most up to date payroll tax tables at all times. Payroll Mate prompts the user to check for updates ensuring employers are current with the withholding tables. All updates including tax tables, features we add that are helpful to the user, Texas tax forms are sent electronically, receive them instantly.
We have customers using our payroll software from a number of Taxes small and major cities including Houston, Dallas, San Antonio, Austin, El Paso, Addison, Mcallen, Plano, Corpus Christi, Irving and Lubbock .