WEBVTT

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We live in a do-it-yourself world and like having control
over what's important to us.

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But when things become a little too complex or time-consuming,

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it's nice to know you can call in professionals who know how to
get the job done efficiently and cost effectively.

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For your business, it's the same way.

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You're good at what you do and know everything about your
products or services, but you don't need to be an expert

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at every aspect of running your business.

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For things like managing payroll,
it often makes sense to outsource to a payroll provider.

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If you're currently processing your own payroll,

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there are several reasons outsourcing may make sense
for your business.

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First, you'll save time while increasing your efficiency.

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Finding a professional who can handle your payroll and
streamline your bookkeeping will free you up to focus on

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what matters most, growing your business.

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You'll want to make sure you're working with an experienced
payroll professional, someone who can help you

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navigate the payroll process.

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Whether it's 401(k), direct deposits, tax deposits
and filings or reports to meet your Affordable Care Act

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requirements, a payroll provider may be able to help integrate
the many aspects of payroll processing,

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making payday and operations easier.

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A payroll provider will likely handle sensitive company and
employee information, so it's important that you're confident

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your payroll data is secure.

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A payroll provider should also have a solid history,

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extensive resources and know-how
and a reputation for great customer service.

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An ideal payroll provider has the ability to get to know you
and your business and match the right solutions to your needs.

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Looking for payroll funding strategies that help
improve cash flow?

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Need to integrate your workers' compensation insurance
to minimize your year-end payroll adjustments?

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What about the convenience of 24/7 online access
to your payroll account including your payroll reports?

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Consider a payroll provider who listens to you and provides
the level of service to meet your payroll needs.

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Did you know the most common IRS penalties for businesses
are for filing late or paying taxes late?

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That's why it's important to find a payroll provider who can
also handle your payroll taxes.

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One that also offers a payroll tax guarantee.

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That means if you provide them with accurate information in a
timely fashion, they'll make sure these taxes are prepared

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accurately and paid on time or they'll cover any penalties.

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Additionally, look for a payroll provider like Wells Fargo,
who is willing to work with the tax authorities on your behalf.

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They'll monitor the ever-changing payroll laws,

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keep an eye on changes to federal, state
and city employment taxes,

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calculate and pay your employment taxes,
file your quarterly and annual employment tax returns,

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and know the details of federal and state unemployment insurance
tax requirements.

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Finally, having your bank account and payroll in the same
place may bring more efficiency to your business,

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giving you the ability to streamline accounting,
view bank accounts and process payroll from one location

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and expedite money transfers.

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You may even be able to save money with lower or waived fees
and discounted services.

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Having your bank and payroll accounts all under one roof
can also help improve your cash flow.

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For example, you can easily check the balance of your
payroll funding account and make the necessary transfers

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to cover your payroll on payday.

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So why worry about it? Leave it to the experts.
Consider hiring a payroll professional.

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With greater convenience and efficiency,

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you've got more time to stay focused on
growing your business.

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To learn more about the benefits of outsourcing your payroll,
visit WellsFargo.com or stop by a Wells Fargo branch today.

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