PrismHR Tax

Simplify Tax Management, Reduce Risk and Stay Compliant with Advanced Automation and Expert Support

For PEOs and Payroll Service Bureaus looking to enhance their payroll tax compliance capabilities, PrismHR Tax offers a robust solution. This comprehensive tool automates tax calculations, ensures adherence to regulations, and reduces the risk of penalties. By harnessing advanced technology and deep industry knowledge, our solution simplifies payroll tax management, empowering PEOs and Payroll Service Bureaus to prioritize strategic initiatives with confidence.

Let’s Talk Tax

Key Features

Automated Tax Calculations and Filings

  • Ensure accurate calculations of federal, state and local taxes, reducing errors and penalties.
  • Automate tax filings and submissions, saving time and ensuring compliance with deadlines.
  • Provide real-time updates on tax rates and regulations to maintain accuracy.

Comprehensive Compliance Management

  • Monitor legislative changes and update tax forms, accordingly, ensuring compliance.
  • Generate reports and audit trails for tax filings, simplifying regulatory audits.
  • Implement robust security measures to protect sensitive payroll and tax data.

Integration and
Efficiency

  • Integrate with existing PrismHR platforms, reducing manual data entry and duplication.
  • Improve operational efficiency by streamlining payroll taxes.
  • Offer customizable dashboards and reporting tools for visibility into tax-related metrics and trends.

Learn how PrismHR Tax can reduce risk, enhance accuracy and process payroll taxes while giving you peace of mind!

LET'S TALK TAX

Full-Service

Full-Service Outsourcing
for Payroll Tax Filing

Includes access to tax liabilities, deposits, tax notices and much more. PrismHR assumes the liability and handles full-service tax processing needs.

PrismHR Responsibilities:
    • Impounding Tax Funds
    • Deposits
    • Returns
    • QE Packages
    • Tax Notices
    • Reconciliation of Tax Account
    • Tax Compliance
    • SOC1 Type 2 Audit
Client Responsibilities:
    • Submitting Payroll Tax Data Files
    • Ongoing New Client/FEIN Set Up & Maintenance

Self-Service

Tax Software for
In-House Processing

Software-only option offers access to a self-service platform to manage payroll tax processing with in-house resources.​

PrismHR Responsibilities:
    • Automated System Updates
    • Tax System Compliance Updates
    • Database Management
Client Responsibilities:
    • Impounding Tax Funds
    • Deposits & Returns
    • Private-labelled QE Packages
    • Reconciliation of Tax Account
    • Tax Compliance
    • Submitting Payroll Tax Data Files
    • Ongoing New Client/FEIN Setup
    • Client Maintenance
    • Holds POA
    • Tax Notices

Your Benefits

Expert Support

Provide access to dedicated tax experts for personalized guidance and support to resolve complex tax issues promptly, offering peace of mind and proactive compliance management.

Scalability

Handle payroll tax management for businesses of all sizes, from small enterprises to large corporations, scaling operations without compromising efficiency or compliance.

Cost Efficiency

Optimizes operational costs associated with payroll processing and compliance management to reduce the risk of penalties and fines, maximizing ROI and financial efficiency.

Integrated Experience

Integrate with existing PrismHR platforms to unify user experience and streamline data sharing.

Multi-Client Management

Manage payroll tax requirements for multiple client accounts efficiently with simplified management that ensures compliance across a diverse client base.

Ready to learn more about our Tax Management solution?

Let’s Talk Tax

PrismHR Tax is powered by Asure PTM.