Payroll giant ADP has put together a new infographic comparing in-house versus outsourced services for handling payroll taxes.
Appropriately titled, “Taming the Payroll Tax Beast,” the infographic not surprisingly makes the case for outsourcing the job. The company points out that with 19,000 proposed tax rule changes in 2013, payroll tax management is becoming increasingly complex for business owners.
State, local and federal government regulations are also constantly changing, making it harder for employers to focus on strategic business priorities because of the growing amount of time and resources they need to dedicate to payroll tax compliance.
The infographic shows how outsourcing payroll tax management can relieve some of the burden in managing the payroll process. Click here to view the infographic.