Tangled in payroll taxes?
BlinkPayroll has the fix.
Your 4 biggest
payroll tax challenges—solved.
Manual math massacre
The ‘Oops, I missed a deadline’ panic
FUTA, SUTA, FICA…Wha?
The document scavenger hunt
Penalties that can crush your bottom line
In 2023 alone, the IRS issued over $8.5 billion* in fines for payroll errors.
Mistakes in tax filing and payments can lead to costly penalties. Here are some of the common penalties you could face:
- Late deposits: Penalties can climb up to 15% of the tax due if you don’t make timely deposits.
- Missed filings: A missed deadline for something like Form 941 can cost up to 25% of your unpaid taxes.
- Accuracy penalties: Misclassifications or calculation errors invite additional fines—potentially adding thousands of dollars to your tax bill.
- Trust Fund Recovery Penalty (TFRP): 100% of unpaid taxes, personally liable.
Not sure yet?
Frequently asked questions
Filing and paying taxes
Although the time depends on the number of employees and contractors, running a payroll with BlinkPayroll takes just a few minutes. For example, managing payroll for 10 employees typically takes less than 30 minutes.
You can run unlimited payrolls in any given month at no additional cost. We support weekly, bi-weekly and monthly payroll schedules.
Yes, BlinkPayroll supports various types of earnings to meet your specific needs, including tips, commissions, bonuses, and more.
With BlinkPayroll, direct deposit ensures quick and hassle-free payments straight to your employees' bank accounts, and they can easily access their automatically generated pay stubs. Prefer to pay employees yourself? No problem! You can pay your employees in whatever way you prefer, like cheque or cash.
With BlinkPayroll, you can easily add benefits, garnishments, and custom post-tax deductions for each employee. These will be automatically factored into the payroll calculations for accurate, compliant processing.