I finally stopped doing my own payroll after a $500 tax mistake

For two years I tried to handle payroll myself with a spreadsheet, but last quarter I messed up the state tax deposit for my three employees. The penalty was $500 and a huge headache. Now I pay $40 a month for a service that does it all automatically, and I haven't had a single issue since I switched in January. Anyone else have a good payroll service they like that's cheap?

2 comments

2 Comments

stone.jesse20h ago

Yeah, but like wesley83 said, that $500 is just the start of the trouble you can get into.

wesley831d ago

Honestly, a $500 mistake sounds like a pretty cheap lesson to me. For a business with three employees, that's what, one bad day? I get the headache part, but switching to a monthly fee forever for one mess up seems like an overreaction. The spreadsheet probably worked fine for two years before that.