Thread: Looking for Accounting Software

Suggestion: Organize the business as an LLC, grant time limited LLC minority interests to employees (technically
referred to as exempt workers if they are part-owners), they [workers] will be classified as "owners", exempt from:

Fed & CA Withholding
FICA
Workers Compensation
Unemployment Insurance

LLC agreement clause allows a "shoot-out" (def: an LLC provision designed to
disassociate an LLC participant, commonly referred to as "Member"), similar to
firing an employee.

"I DON'T WANT 5 'PARTNERS' ". Retain 51%+ voting interest and fire them like
an employee.

See video section for: Employee v Partner video series.

"If it was that easy everybody would do it". 75% of companies are organized as LLCs today. I
guess it is that easy. What was your payroll question about?

Same as what i'm doing.Data input are done manually and mistakes always come but i'm also hesitant to use some software because i'm not sure if it will work perfectly.how can i make sure about the software to be use?

The QuickBook Payroll version is very good especially if you use QuickBooks for bookkeeping. I use it for my clients in my new cpa firm.

Quickbooks will work...kinda. The thing is, there are tax updates every year, sometimes multiple times per year. Quickbooks will update, but you have to pay extra. Also, if you wanted to set up direct deposit for your employees, they charge for that too. You are also still at risk for paying penalties as well, since QB does not pay those taxes for you. In other words, you will still have to run reports and send in forms. The thing that I really don't like is if I have a question, they charge me a fee. I have used Sage software before as well (MAS90), but it is burdensome. Quickbooks is great for keeping books, I use it in our company for our clients. However, I do not use it for payroll. I have in the past, but there is too much room for error. I have found other methods that work better.

I would like to offer our services to you. We guarantee that you will never have a tax penalty again. If you do, we will pay the penalties. Also, we keep track of all tax updates, so this is something that you will not have to keep track of. And we have free customer support. If payroll is something that you would like to do at your location, we can make that happen for you. We offer free setup, employee training, and our prices are very competitive. Please let me know if we can be of assistance. Our phone number is 479-409-8284, or you can e-mail me at jappling@sequoiapayroll.com

I agree with the above posts, QuickBooks is the best software to choose. I teach my clients how to use a variety accounting software and have had better results with QuickBooks.

Try Quickbooks,they are easy enough to use. Pastel also works well but it is more complicated.