Payroll Administration for Community Associations in MD, DC, & VA
If you serve on the Board of Directors for your community association, you may love keeping the decision-making power close to home. However, you could probably do without the stress and headaches of administrative work.
That’s where Tidewater Property Management comes in. We provide administrative services, including payroll administration, for community associations in Maryland, Washington DC, and Virginia. Let us tackle the paperwork so you can focus on other commitments of serving on your Board of Directors. Want to learn more about our payroll administration services? Then please call Tidewater Property Management at (443) 548-0191(443) 548-0191 today.
What Is Payroll Administration?
This service involves organizing compensation and benefits for the hours of work performed by on-site association employees. Payroll administration may include tallying the total number of hours worked, keeping track of compensation rates, and making payments to employees. These processes must take employment laws into account concerning minimum wage, overtime, and holiday pay.
Another important part of payroll administration is ensuring that payroll taxes are deducted and tax filings are submitted correctly. Unless you’re very comfortable with tax laws, this can quickly create an opportunity for errors that can cause IRS complications for a community association’s Board of Directors.
Our Payroll Administration Services for Community Associations
When you choose Tidewater Property Management to handle payroll administration, you’re working with a company dedicated to efficient services and attention to detail. Our managers are trained and experienced in all areas of community association management, including payroll administration. We lighten the load for your Board of Directors by offering these services:
- Keep track of hours worked and rates of pay.
- Process payroll on a weekly, semi-monthly, or monthly basis.
- Set up direct deposit for association employees.
- Report “new hires” to the state as required.
- Handle all employer and employee federal and state payroll tax requirements.
- Prepare end-of-year payroll and payroll taxes, including W-2 forms for on-site employees and 1099 forms for contractors.
Schedule Payroll Administration Services in MD, DC, & VA
At Tidewater Property Management, our goal is to make it easy for you to operate your community association by providing exceptional payroll administration services on your behalf. With decades of administrative experience, we’ve mastered the ins and outs of this industry. Turn to Tidewater for all your community association management needs, and you can rest assured you’re in highly qualified hands!
For reliable payroll administration in Maryland, Washington DC, and Virginia, please contact us today!