Payroll Preparation Services

Processing of your payroll on a weekly, bi-weekly, semi-monthly or monthly basis.

You submit your payroll by phone, fax or online (no long periods on hold waiting to submit your payroll). For you it will be quick, secure, and easy to initiate your payroll.

Stephens & Company will process your payroll checks and reports and deliver them to you. If you enroll in our direct deposit service, we will automatically deposit your employees' pay into their bank accounts (with their permission). Direct deposit is a safe, cost-effective and convenient way to pay your employees.

Stephens & Company provides the following additional services:

• Calculation of accrued and used benefits, such as vacation and sick leave
• Processing of 401(k) and Cafeteria Plan deductions and tracking of company matching amounts
• Calculation of garnishments as a percent of gross, net, or after-tax income, as well as fixed or hourly amounts
• Handling of all federal and state tax withholding requirements
• Calculation of gross pay and withholdings based on a specified net pay amount
• Calculation of allocated tips and tips deemed to be wages
• Handling of the tip credit reduction calculation
• Handling of withholding calculations on non-recurring payments such as bonuses and commissions
• Accommodation of the catch-up provision on retirement plans
• Handling of child support deduction calculations
• Use of optional daily data entry and worksheet for support of certified payroll