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Finance and Accounting software

Payroll software

Payroll software calculates pay, withholds taxes, and pays employees on schedule.

Calculator and financial reports on a desk beside a laptop

Overview

What it does

It runs pay, files payroll taxes, and produces year-end tax forms. Businesses of every size use it, and most small businesses choose a service that files taxes on their behalf. Many platforms add benefits, time tracking, and HR tools.

How to choose

Confirm the provider supports every state where you have employees. Multi-state payroll is where providers differ most.

Features

Key features to look for

Tax filing

Federal, state, and local payroll tax filings and payments.

Direct deposit

Pay delivered to employee bank accounts on payday.

Year-end forms

W-2s and 1099s prepared and filed.

Employee self-service

Pay stubs and tax forms that employees access themselves.

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