Payroll Companies & Payroll Services in Jersey City, NJ

Goodside Accounting LLC is a small certified public accounting practice in Hudson County, New Jersey. It is led by Mike Goodside, a CPA who presents the firm as a personal, owner-run operation rather than a large payroll bureau. The firm lists an office on River Drive South in Jersey City and uses a Hoboken mailing address.

Its work centers on small business owners who would rather hand off bookkeeping, payroll and tax compliance to a professional than handle those tasks in-house. Prospective clients should note that the website currently states the practice is not taking on new clients.

Payroll options

Payroll is a core part of the firm's business offering. The site argues that payroll administration takes up a meaningful share of an owner's month. It says shifting the work to an outside accountant lowers overhead and removes the need for dedicated in-house payroll staff. It also says outsourcing reduces exposure to errors in federal, state and local tax filings. Rather than offering a single package, Goodside Accounting describes three distinct processing arrangements:

• Full-service processing: the firm runs each pay cycle and produces checks printed with a laser on blank stock that meets Federal Reserve micro-encoding standards. Direct deposit is offered at no added cost.
• After-the-fact payroll: for businesses that cut their own checks by hand and want the firm to record those payments and take over the reporting.
• Online processing: the employer keys in hours and earnings through a secure web interface and prints checks on its own printer. Free direct deposit is still available.

Each arrangement includes IRS and state payroll tax reporting, EFTPS tax deposits and periodic and year-end reports such as W-2s, W-3s and 1099s. Clients also get tracking of vacation, sick and personal day accruals, preparation and submission of mandated new hire reports, and ongoing upkeep of payroll records.

Specialized reporting and related services

Beyond routine processing, the firm prepares payroll documentation that government agencies request. This covers workers' compensation audits, unemployment claims, and Social Security and child support audits. It also includes W-2/W-3 and 1099/1096 processing and help completing federal and state registration paperwork. Pricing is quoted individually after the firm learns about a company and the services it wants.

Payroll sits alongside a broader menu of accounting work. Small business bookkeeping, individual and business tax preparation, and tax planning round out the core offering. For clients already facing difficulties, the practice handles payroll tax problems, IRS audit representation, unfiled returns and innocent spouse relief. It also supports QuickBooks users with initial setup, a tune-up review of existing company files and discounted software purchases.

How the firm works with clients

Clients receive access to a password-protected online portal for storing and retrieving financial documents. A separate SecureSend page lets anyone transmit files without creating an account. The site also publishes a monthly newsletter, tax guides for business owners and individuals, due-date calendars, rate tables and links to federal and state forms.

The firm emphasizes that clients deal directly with an accounting professional. This may appeal to small employers who value a single point of contact and combined payroll, bookkeeping and tax support from one CPA.

Sheth Tax Inc is a certified public accounting firm based in Jersey City, New Jersey, and its website also references the neighboring city of Hoboken. Payroll is one component of a broader practice that covers accounting, tax and advisory work.

The firm concentrates on small business owners and entrepreneurs, from brand-new startups to well-established companies, and it extends its consultations to individuals as well. For an employer comparing payroll providers, an appealing feature is that a single team can run pay cycles, prepare the company's returns and maintain its books.

Payroll offering

The firm presents payroll as a responsibility an owner can pass along when it begins to consume too much time. It points to the strain of calculating payroll taxes, paying different kinds of workers and untangling problems with electronic pay deposits. Once a client delegates the function, Sheth Tax handles the regular pay run and the reporting that comes at tax time. The published payroll scope covers:

• Payroll processing built for small employers
• Filing of payroll taxes with both federal and state authorities
• Electronic payment of wages into employee accounts
• Payroll reports and accounting summaries
• Preparation of W-2, W-3 and 1099 forms
• Handling of workers' compensation audits

The firm says these arrangements are scalable and can be adjusted as a business grows. Interested employers can ask for a quote or an initial consultation. Its pitch is that having professionals oversee payroll and filings lessens worry about penalties and disputes with the IRS over payroll taxes.

Accounting and tax support

Beyond payroll, the firm provides small business accounting that it describes as going well past bookkeeping and statement preparation. Related services include:

• Routine bookkeeping, including an outsourced option for owners who prefer to delegate
• Preparation of financial statements
• Budgeting, forecasting and cash flow management
• Cloud accounting and QuickBooks support
• Part-time CFO and controller services
• Business and financial consulting aimed at reducing taxes, improving efficiency and raising revenue
• Estate and trust planning

On the tax side, the firm offers year-round planning meant to prevent unwelcome surprises, preparation that seeks every deduction and credit available, and help with IRS difficulties such as late returns, wage garnishment and tax liens. It also works on state and local matters, including incentive analysis and nexus filings, plus international assignments for foreign companies operating in the United States and for Americans working abroad.

Startups, audits and assurance

For new companies, the firm explains the advantages and drawbacks of forming a C corporation, an S corporation or an LLC, then builds a tax strategy to match the chosen structure. It also assists with business plans, early tax planning and QuickBooks setup, and teaches owners to manage daily records so tax season becomes easier and less costly.

Its assurance practice serves public and private companies in many industries, as well as non-profits. Depending on what investors, creditors or donors expect, it can carry out a complete audit, a review performed under AICPA SSARS guidelines, or a compilation that offers no assurance. Due diligence, risk management and recommendations for stronger internal controls are available when required.

Working style

Sheth Tax describes itself as a sounding board and trusted advisor. It says it applies technology to speed up financial management, explains what reports actually mean instead of just handing over figures, and makes time for owners facing major decisions. Clients can send documents through a secure online portal and subscribe to a newsletter covering tax due dates and strategies. The office sits on John F. Kennedy Boulevard in Jersey City.