When it comes to payroll restaurant owners must be certain that they accounting is accurate not only for their employees, but for the IRS. Many restaurant owners are part of the 30 million small businesses in American today; and according to about 75 percent of accounting experts, most of them do not have the experience to handle their own payrolls. Thus, over 80 percent of CPAs suggest that small businesses would be better off hiring an accountant to handle their restaurant payrolls. When an experienced accountant is hired to hande payroll restaurant owners will not receive one of the 8 million IRS penalties rendered annually.
Restaurant owners who utilize a quality time and labor management system will enjoy even greater accuracy and efficiency as those who hire payroll restaurant accountants. As such, restaurant owners will know that both their employees and the IRS will remain happy, while they are free to focus on other aspects of their restaurant businesses. While some restaurant owners might be skeptical of any sort of time and labor management system, if they stop and weigh the risks and consequences of making a payroll restaurant tax error, they might reconsider. After all, running a successful business does not only require minimizing costs, but minimizing risk, as well. Read more articles like this: www.paychex.com