Page Title

PAYROLL & TAX SERVICES

The Financial Department of

CMC

Professional Services, LLC

has

provided financial services along

the Gulf Coast for over

years. The

Finance Manager here at

CMC

would be more than

happy to

answer

any questions that you might have concerning

finance. Our

department is a solution solver;

ready to help you

organized your

financial need. This department, utilizes a

financial system to help you

plan, coordinate, report, and

analyze the financial performance of your

business. We want to

ensure

efficient operations and the optimum

use of resources

Payroll Outsourcing:

A Professional Employer Organization (PEO) frees your

company from the

time-consuming task of

payroll management.

CMC

services range from,

processing and delivering checks, to

year-end reports,

and even costly payroll

audits. Our staff of

experts handles your payroll with total accuracy and

efficiency.

Summaries

Reduced paper work and overhead

W-2's, W-3's, and 940 reports

Direct deposit

Payroll reports

FICA, FUTA, SUTA payments

PAYROLL TAXES

940 and 941 taxes:

A Professional Employer Organization (PEO) provides a team of

experts to deal

with your 940 and 941

taxes.

940 and 941 payroll taxes present difficult issues to

businesses. Typically,

creditors, employees, and

suppliers are

all clamoring to be paid. The IRS is the

sole creditor that seems

to be compliant.

The IRS however has the most power to collect what is owed to

it. Further, and

not insignificant to a

struggling business, 940

and 941 payroll taxes are never

dischargeable in bankruptcy.

Worse yet, even

if your business is incorporated,

you may have

personal liability for unpaid 940 and 941 payroll taxes.

This

liability likewise is never dischargeable in bankruptcy.

A Professional Employer Organization, (PEO), will eliminate

worries of annual

audits and penalties by

assuming the duties

of all areas related t

these issues.

REPORTS

PAYROLL LIABILITY

941 (form 8109) this deposit is processed every month at the

beginning of the for

the prior month.

QUARTERLY

Mississippi Department of Employment Security ( Profit

organization)

Mississippi State Tax Withholding ( for Nonprofit and Profit)

These deposits are

processed at the

beginning of the fourth

month before the 15th

Bank Statement, Income Expense, Graph, Profit & Loss

Statement

Balance Sheet.

ANNUAL

Returns

At the end of the fourth quarter 940 EZ and 940 V Federal

Unemployment will

be processed.