Understanding the Complexity of Payroll

Payroll is more complicated than it seems, involving employment laws, employee and employer tax filings, and adherence to state regulations. A payroll provider must navigate the intricacies of government agencies and taxes to ensure accurate and timely payments. While paying employees is relatively straightforward, the challenge lies in managing the various filings and deductions required by different states. Furthermore, there is no notification system to alert employers when state taxes are deducted, making it necessary to closely monitor accounts. Despite the complexities, Gusto aims to simplify payroll processing and offer additional features like its Gusto wallet.