Payroll: Definition & Examples

Payroll = The process of calculating, managing, and distributing employee compensation, including wages, salaries, bonuses, and deductions.

March Financial Group offers full service payroll, including

  • Employee setup
  • Payroll management:
    • Checks
    • Direct deposit
  • Payroll tax management:
    • Form 941 (aka, Employer’s Quarterly Federal Tax Return)
    • W-3/W-2 filing & distribution
    • Form 940 (aka, Employer’s Annual Federal Unemployment Tax Return)
    • State & City Payroll
      • Form 11 (RITA)
      • Form 17 (RITA)
      • OH IT 941
    • OH Unemployment
    • Bureau of Worker’s Compensation