Square Payroll is a full service payroll provider. We are an IRS-certified reporting agent that follows industry-leading data security and privacy standards including HIPAA and PCI compliance. Using the information you provide us, we ensure the accuracy of our tax calculations, payments, and filings so you don’t have to worry about the details. If you receive a notice from a tax agency due to an error made by Square Payroll, we will cover any associated penalties and fines.
What happens if I get penalized?
Square Payroll is an IRS-certified reporting agent and follows industry-leading standards. We use all the information you’ve provided - from your tax identification numbers to employee Form W-4 and year-to-date payroll data - to ensure that we withhold, pay, and file taxes correctly on your behalf. If you incur a penalty due to erroneous or late reporting by Square Payroll, we will correct the issue for you and pay any associated penalties.
What if I get audited?
If you happen to be audited, rest easy knowing we are here for you. You can reach out to our team of payroll specialists at any time.