QuickBooks Enhanced Payroll 2011:

QuickBooks Enhanced Payroll 2011 - Spend less time on payroll and more time on business!

QuickBooks Enhanced Payroll 2011 Up to 3 Employees - $219.00 Billed Annually Unlimited Employees - $299.00 Billed Annually For businesses that manage their own payrolls. Best if you prefer to handle your own payroll tax filings and need state forms, or need other tools such as Worker's Comp tracking. Review QuickBooks Product List

We make it easy to do your entire payroll in-house. Enhanced Payroll is a powerful payroll solution that calculates earnings, deductions, and payroll taxes in one click. Easily download and automatically fill out the latest state and federal tax forms — you just print, sign, and mail. Best if you prefer to handle your own payroll tax filings and need state forms, or need other tools such as Worker's Comp tracking.

Enhanced Payroll helps you manage everything yourself

• Automatically calculate payroll taxes and deductions based on the data you enter
• Quickly download the latest state and federal payroll tax tables and forms, and automatically fill them in with QuickBooks data – you just print, sign, and mail
• Electronically file and pay your payroll taxes (requires QuickBooks 2007 or higher)
• Track Workers' Compensation rates and deductions
• Calculate net-to-gross amounts for bonuses and commissions in just one step
• Run customized payroll reports from QuickBooks anytime you like

You can process your payroll more efficiently

• Run payroll in just a few mouse clicks: simply enter hours and you're ready to go
• Offer Direct Deposit to your employees and schedule deposits up to 45 days in advance
• Manage all your payroll activities from a single screen
• 60-day satisfaction guarantee – or your money back

Enhanced Payroll makes the rest easy

• Works within QuickBooks financial software, so there's nothing new to learn and no double data entry
• Share data easily with your accountant
• Get set up quickly with step-by-step guidance
• Get ongoing help through the included callback phone support available via Web request

1. Subscribe and set up your QuickBooks Payroll. Subscribing unlocks the payroll features in your QuickBooks software. Once you've subscribed, your QuickBooks software will help you with a step-by-step guided approach to setting up your payroll process, including information about your company, your employees' wages or salaries, their bank account information, and your company's year-to-date payroll amounts. Enter information only once, and QuickBooks will remember it each time you run payroll. You can update, add, or delete information or create customizable reports anytime.
2. Download the latest tax tables and forms into QuickBooks. QuickBooks uses the Internet to check for and download the latest federal and state tax tables and forms. It automatically checks to see if new tax rates are available each time you run payroll and prompts you to install them first.
3. Enter employees' time right into QuickBooks. You can easily enter the time for your hourly employees directly into the payroll. Or, if you track your employees' hours using the optional Time Tracker feature in QuickBooks, it will automatically flow the employees' hours into the payroll. You enter salaried employees only once, and QuickBooks remembers the salary amount each payday.
4. Run payroll and issue paychecks. Once you've entered your employees' hours or payroll amounts, taxes are instantly calculated and your paychecks are ready to print from QuickBooks anytime. Or you can use our convenient Direct Deposit feature to have employees' pay transferred straight to their bank accounts (additional fees apply).
5. Pay and file your taxes and liabilities. Your QuickBooks Enhanced Payroll service includes both federal and state payroll tax forms. QuickBooks uses the data from paychecks to automatically fill in the forms for you — just print your tax forms and liabilities checks, sign them, and mail them. You can easily track your liabilities with QuickBooks Payroll reports.
6. QuickBooks Enhanced Payroll includes federal payroll tax forms W-2, W-3, 940, 941, 941 Schedule B, 1096, and 1099-MISC. It also includes state forms for more than 45 states. All forms, state and federal, can be printed onto blank paper (with the exception of Forms 1099-MISC and 1096 and Wyoming forms). Note: Enhanced Payroll ONLY works with QuickBooks 2006 or higher software.

QuickBooks Payroll comes with Direct Deposit built right in. All you need to do is activate it, and you'll soon enjoy the convenience of hassle-free paydays. You can deposit your employees' pay directly into their accounts - even if you're away from the office on payday. The best part is, your employees don't need to run to the bank on payday. You can schedule Direct Deposit up to 45 days in advance, and you're charged only when you use the service, so you stay in control.

• Pay one, some, or all of your employees
• Easily schedule Direct Deposit up to 45 days in advance, and at least two days prior to pay day
• No minimum or monthly fees - pay just $1.25 per paycheck only when you use it
• Employees' funds are deposited in up to two designated U.S. bank accounts or an Intuit branded Debit Card* account (which doesn't require a bank account)
• No setup charges or need to cancel

Easy to get started

• QuickBooks Payroll comes with Direct Deposit built right in
• Activate the service from within QuickBooks or over the phone
• Direct Deposit costs $1.25 per paycheck

Direct Deposit is the perfect payment solution that benefits you, your employees and the environment!

Good for you: Save money and time while gaining peace of mind

• Help your bottom line - Save an average of $176 per employee, per year by switching to Direct Deposit
• Your time is valuable - Save time from having to print and sign checks; deposit your employees' pay directly into their accounts (easily print or email paystubs)
• Peace of mind - Know your employees' money has been deposited into their account on pay day, eliminating the risk of lost or stolen paychecks

Good for your employees: Provide convenience and financial management opportunities

• Convenient - instant access to their salary on pay day without a trip to the bank or waiting in long lines to have checks cashed
• Easier control of Finances - Money can be deposited into multiple U.S. accounts such as checking, savings or even Intuit branded Debit Card* spending accounts

Good for the environment: help minimize earth impacts

• A cleaner tomorrow - eliminate paper waste from check stock and carbon emissions from employees driving to have their checks cashed

*What is an Intuit branded Debit Card? The Intuit branded Debit Card is a Direct Deposit solution that helps employees manage their finances more efficiently, without requiring a bank account, or the need to get a check cashed. It provides employees access to electronic funds and works just like a Visa(R) debit card. These debit cards are the perfect solutions for the kids' allowance, personal spending money, or for those employees who don't have a bank account.

The Intuit 401(k) is the easy retirement plan for small businesses. Surprisingly affordable, from $75/month.

Cut your taxes by nearly $5,000 with an Intuit 401(k)

Low monthly fees

• Our low monthly fees and low asset fees make the Intuit 401(k) the most affordable plan for a small business.
• Most traditional 401(k) plans charge hidden asset fees that take a big percentage of the earnings from each account. Those hidden asset fees are usually the biggest cost for a 401(k). But they aren't listed on your monthly bill, so you may not be aware of how much they are costing you.
• At the Intuit 401(k), our asset fees are much lower than the industry average.

And great tax savings

• Business tax credits may offset your plan costs by up to $500/year for the first 3 years if this is your company’s first 401(k) plan
• Plan expenses and contributions are tax-deductible
• Plan participants can save up to $5,000 in federal income taxes

Standard fees for the Intuit 401(k)

• Employer one-time setup fee - $495
• Monthly Fee for 2–10 employees $75
• Monthly Fee for 11–25 employees $95
• Monthly Fee for 26–50 employees $125
• Monthly Fee for more than 50 employees $150

Employee fees that may apply

• Participant fee - Monthly $3 maximum, not to exceed 1% of participant’s annual balance
• Fund fees Quarterly 0.44%-1.44%

Employer fees that may apply

• Plan termination - $1,000 fee if the plan is terminated
• Conversion fees - $1,000 fee if a pre-existing 401(k) plan is converted into an Intuit 401(k)

Investment choices from Morningstar Investment Services, Inc.

With most other retirement plans, the burden falls on you to choose appropriate funds for your employees from among the thousands of funds available. Then you have to monitor them continually, and replace them when necessary.

The Intuit 401(k) removes this burden by giving your employees appropriate fund choices carefully chosen and monitored by Morningstar Investment Services’ Managed Plan Solutions. You don’t have to wade through thousands of fund choices to make a selection – Morningstar Investment Services1 does this for you.

Risk & Age-based allocation strategies

Morningstar Managed Plan Solutions (MPS) features five predetermined, risk-based portfolios (conservative through aggressive) which help you and your employees properly diversify your accounts.

Alternatively, employees can build their own portfolio of investments by choosing from the funds in the plan.

For those wanting a simple solution, MPS provides a simple online risk tolerance questionnaire to help determine which portfolio most closely matches each person’s risk preferences. The following chart illustrates the five asset allocation strategies based on risk profile.

Keep more of what you set aside for retirement

In many cases, the Intuit 401(k) features institutional share classes, which usually have low fees to help employees keep more of what they earn in their 401(k) accounts. MPS also provides an Investment Policy Statement which clearly lays out the framework for selecting, monitoring and replacing the investment options in your plan.

Automatically pay only what's owed for workers' comp each time you run payroll. Eliminate large prepayments and minimize the risk of adjustments at the end of the year.

Pay-As-You-Go Workers' Compensation Means Improved Cash Flow - Intuit and The Hartford bring you XactPAY Web

• Helps improve cash flow by eliminating large down payments
• Automatically calculates premiums based on actual QuickBooks Payroll data
• Helps to minimize the potential for year-end audit adjustments

What is Workers' Compensation insurance?

Workers' compensation insurance provides coverage for an employee who has suffered an injury or illness from job-related duties. Coverage includes medical and rehabilitation costs and lost wages for employees injured on the job. The insurance premium you pay depends on your employees job descriptions i.e. administrative, delivery person, etc.

Why do I need workers' compensation insurance?

Workers compensation insurance is required by law in most states. Learn more about what is required in your state. Without adequate workers' compensation insurance the employer is exposed to two types of risk. First, if an employee is injured on the job, the employer may be held personally liable for both the cost of their medical care and for the lost wages while the employee is unable to work. Second, many states impose strict fines and penalties for employers who are cited for not having the required insurance.

Free documents and spreadsheets to help you start and manage your business!