As a business owner, you know time is of the essence, and you handle several tasks at once. Hiring and managing employees, executing creative marketing strategies, improving your product or service — the list goes on! Unless you’re a certified public accountant (CPA), managing daily accounting and bookkeeping tasks such as payroll can seem a little daunting.
Outsourced Payroll Services in Illinois
Fortunately, you have options. There’s always the possibility of hiring a full-time employee to handle payroll for you. An even better solution? Outsourced payroll and bookkeeping services. Payroll outsourcing companies have the expertise and technology necessary to make your life a whole lot easier.
At Steph’s Books, we offer outsourced bookkeeping and payroll solutions for contractors, small- to mid-sized businesses and professional services in McHenry and Chicago, Illinois. You can focus solely on running your operations, and leave payroll and other bookkeeping tasks to our team.
What Are Online Payroll Services?
Online bookkeeping shares many similarities with traditional bookkeeping and refers to the process of maintaining your financial records. A company that performs online payroll services can perform all tasks in one virtual location, making payroll convenient for your small business.
Why You Should Consider Bookkeeping and Payroll Services
We put the human touch back into payroll and bookkeeping with one-on-one outsourced payroll services. At Steph’s Books, we believe you’re more than a number on a spreadsheet. We guide you through financial literacy with personalized customer service. As we review your payroll and bookkeeping processes, we can also provide insights into your financial health to help you grow. Our mission is to help payroll services in the Chicago and McHenry areas thrive.
As online payroll and bookkeeping professionals, we know technology is a stepping stone to faster and more efficient processes. All of the bookkeepers on our team hold QuickBooks ProAdvisor certificates from Intuit. We’ve experienced training and testing on our knowledge of general bookkeeping principles and the how-to technical details of the QuickBooks software.
When you have a trusted professional on speed dial, it can relax the burden of always having the answer. As a businessperson making payroll decisions, you probably have a team of employees who look to you for guidance. Now, Steph’s Bookkeeping Services is here to walk with you through the world of regulations and empower you to learn more about your company’s financial health.
Outsourcing Payroll Can Save You Money, Time And Stress
Outsourced payroll services can take some of the weight off your shoulders by:
- Navigating the boundaries between local, state and federal payroll laws. This can save you time and money by preventing you from making legal errors or paying IRS penalties.
- Acting as guardians against embezzlement, hacking, identity theft and other risks.
- Reading dozens of tax laws every year — and even chasing down individual employees for paperwork if need be.
- Allowing you to take changes in laws and technology in stride. A payroll outsourcing company will stay on top of all adjustments so you can continue business as usual.
Prevent Common Payroll Mistakes
You may have the next new business idea or service to improve your company, so don’t let complex payroll rules and regulations hold you back. Our specialists can walk with you to keep accurate records and dodge the common mistakes we’ve seen in over 35 years of experience.
We can help you navigate the following tasks:
- Employee classification: The Fair Labor Standards Act (FLSA) has strict rules and significant penalties for misclassifying an employee. For example, classifying a full-time employee as an independent contractor is a serious breach of these rules. Our bookkeepers can help make sure you stay on track.
- Recordkeeping: The FLSA has high expectations for recording pay, hours worked, pay rates and payroll dates. That’s why our experts can create highly organized records with data backups, so you always have this information when you need it.
- Taxable compensation: It’s important to keep track of all fringe benefits paid to employees, like discounts or stock options, since they are subject to federal income and employment tax withholding. Our payroll professionals can help you keep accurate reporting records.
- Garnishments: You must report garnishments like fines, child support or taxes to the federal government. This process can sometimes become confusing, and most errors are subject to fines. That’s why our team of payroll specialists is here to lead the way through the bookkeeping process.
Customized Payroll Services in Illinois
An outsourced payroll expert at Steph’s Books can complete your payroll neatly and on time, helping you enjoy significant time and cost savings, including in the areas of:
- Recruiting: Finding the most qualified bookkeeping employee can be both costly and time-consuming. Save the time and money needed for recruiting by outsourcing to a payroll services expert.
- Software: Every business owner can attest to the fact that human resources software is expensive. A virtual payroll outsourcing company like Steph’s Books can take care of the responsibilities of employee payroll.
- Legal fees: Outsourcing payroll and bookkeeping services can ensure your business is up to par with regulations, compliance and payroll laws. This will help shield your company from legal fees and errors in payroll administration.
- Paying salaries: With the help of virtual bookkeeping and payroll services, you won’t have to pay for an in-house human resources professional.
If you are ready to take the next step, fill out our pricing calculator for a free custom quote or call us today (815)-271-5646 to learn more about our virtual payroll services in the greater Chicago area. Located in McHenry, IL, our team can create a plan that works best for you and your business’ needs.
I run a boutique social media marketing and photography business in Chicago. I needed an accountant desperately to clean up my books from the past three years and balance everything month over month. I love Stephanie and her team so much because it's something I no longer have to do. They balanced everything perfect for my taxes and keep my books organized every month, as well as alert me to the things that need my attention. So happy I found this service, highly recommend.
Our small business has been using Steph's Bookkeeping for 2 years now and we have nothing but good things to say. We've worked with both Steph and now Grace, and the both are very responsive and have provided a ton of guidance and support that we find invaluable. As a small-business owner, we wear many hats and there is peace-of-mind knowing our financial records are well accounted for.If you're a small business owner and think that you're going to manage your own books, even on a platform as intuitive as Quickbooks, I strongly recommend you don't and let the experts at Steph's Bookkeeping do it for you.
I cannot recommend Stephanie and her team highly enough! Their expertise and attention to detail have been invaluable to my business. They are organized, efficient, and always available to answer any questions I have. I have complete peace of mind knowing that my finances are in excellent hands. If you're looking for a reliable and knowledgeable bookkeeping service, look no further!
Steph and her team are outstanding! We have been clients for about a year, and have been impressed with their work throughout. They consistently demonstrate expertise and reliability in their work for our law firm. We look forward to continuing to work with Steph and her team, and would highly recommend them!
Steph's Service was an excellent value add for our business. The added time she took to walk through recommendations will undoubtedly strengthen our capabilities in the future. Highly recommend!!
Timely, accurate, and willing to work on lots of unconventional and different things! great people, great local business.
We've been customers of Steph's bookkeeping for a couple years now. Steph and her team are always on top of it and Steph's experience and knowledge shows immensely when it comes to handling her business. We are very satisfied with this company and would recommend them for anyone looking for a competent bookkeeper who is responsive and genuinely hard working. As a business owner I expect a high level of professionalism that is expected from me and my own business. Steph's bookkeeping fits the bill!!
We just transitioned from a prior bookkeeper to Steph's Bookkeeping Service and found the experience very good. Stephanie cleaned up our 2023 books quickly and professionally, took over payroll and estimated tax submittals with ease. We look forward to working closely with Stephanie as we continue to grow.
We have been using Steph's Bookkeeping for 5+ years now. The monthly and quarterly reports are always on time and accurate. This makes easy work for the accountant to close out the year. As a small business owner, the service provided by Steph and her team is beyond helpful. It allows me to focus on the day-to-day operations knowing that the accounting is being managed by a professional. It's one less thing that I have to do at the end of the month. If you're a small business owner, then you understand the value of that time savings.Any questions I have had over the years are answered in a reasonable amount of time & in a professional manner. You will not regret hiring this company to help manage your books. This is money well spent in my opinion.
I run a small health care practice in a rural area of East Central Illinois for nearly 25 years. In the last 5 years, I’ve outsourced book-keeping— “leaving it to the professionals” instead of continuing to do work that I’m not good at (also another layer of work as both a physician and business owner). Steph’s has been the best solution yet! She was able to dive right in and eventually assigned my account to Melanie. I continue to do payroll and my local CPA continues to do the taxes.The ongoing book work was a hole that has been filled to my satisfaction. Steph’s team is professional, polite and prompt despite my occasional delays in communication.. I plan to be a long-term client and grateful for this service.
Stephanie has been handling our bookkeeping for a couple of years. They are responsive, flexible, and detail-oriented. We are a growing company that requires some extra attention and they have always taken care of us.
My company has used Steph's Bookkeeping for many years. They take the stress & time of bookkeeping off our plates so we can focus on serving our customers! 🙂 They are a professional, kind & competent business & we highly recommend them!
Schedule Bookkeeping Services for Chicago IL Small Businesses
Let Steph's Books take bookkeeping off your hands. Forever.
With Steph’s Books, you get real people that are invested in growing your business every day. We are confident in our ability to streamline the operations and bookkeeping side of your business. With expert bookkeepers who are reliable, caring, and resourceful, you can trust our team.
Call (815) 271-5646 or Get a Quote
