Intuit, BofA Offer Full Service Payroll to Small Businesses

Bank of America and Intuit Inc. announced the availability Monday of Intuit Full Service Payroll for Bank of America small business customers, a service that performs employee payroll and payroll tax services.

Intuit Full Service Payroll includes a team of experts to address any number of payroll issues, as well as a number of benefits to Bank of America small business customers, including a 100 percent accuracy guarantee for federal, state and local tax withholdings. The system handles voluntary withholdings that employees take, based on customers’ information. It provides full integration with customers’ online banking solutions, and error-checking technology that spots possible errors before paychecks are finalized.

“By teaming up with Bank of America, we’re taking the complexity out of payroll for their four million small business employers across the country,” said Ginny Lee, senior vice president and general manager of Intuit’s Employee Management Solutions division. “Whether business owners want to do it themselves or have us do it for them, we have a solution that best meets their needs. And most importantly, they can sleep at night knowing that their employees and their payroll taxes are paid accurately and on time.”

For more information, visit www.intuit.com.

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