Other Expenses to consider
| Tax Penalties and Interest: | If Your employer makes a mistake or is not timely with tax deposits, monthly, quarterly, or annual reports, you could be liable for a costly penalty with interest from the taxing agency. On the other hand, if Columbia EDP is providing payroll and tax service for you, we will be responsible for any penalties / interest due to our error. |
| Errors / Reruns: | Your employee errors during payroll preparation may mean extra expensive to you as a result of reruns required to fix the problem. If Columbia EDP makes a mistake on your payroll, you will not be charged for the rerun. |
| Forms, Paper, Materials: | All check forms, stock paper and other materials are provided by Columbia EDP in our standard service. This represent a significant savings to your overhead expenses. |
| Seminars / Training: | Your overhead could be further reduced by not having to train and retrain employees constantly on payroll and tax issues. Our staff is well trained and has a wealth of resources available to assure compliance in those areas. |
| Software upgrades / support fees: | Frequent software and ongoing support fees can be very expensive. If you subscribe to our optional PC product, you will not be charged for upgrades and support. |