Why would a business use IRM?
 

No business owner wants to focus their time and energy on the "business of employment. "Many business owners lack the necessary human resource training, payroll, accounting, knowledge of regulatory compliance, or background in risk management, insurance and employee benefit programs that meet the demands of an employer.
 

What responsibilities are typically assumed by IRM?
 

IRM assumes the responsibilities and liabilities for payment of wages and compliance with all rules and regulations governing the reporting and payment of federal and state taxes on wages paid to its employees. IRM is recognized as the employer for federal income and unemployment taxes, and case law affirms the principle that IRM is responsible for payroll taxes.

 


PAYROLL ADMINISTRATION

Accurately process payroll including  calculating wages and payroll deductions·       

Maintain payroll records including child support, benefit deductions and wage garnishments

Prepare management information reports

Timely delivery of payroll checks

Prepare year-end W-2 processing

Direct Deposit

On-line payroll submission

Prepare and deposit local, state, and federal withholding taxes (i.e. 940, 941, State Unemployment, etc.)

Payment of FICA, FUTA and SUTA taxes

Monitor state and federal tax laws and implement any changes

 

 


○ Employee Benefits Administration

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Workers' Compensation Administration

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○ Human Resource Administration

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   Employees Will Benefit From...
 
●Comprehensive benefits previously unavailable

●Improved employer/employee communications

●Payroll that is Processed accurately and on time

●Statutory protection

● Access to current information on labor regulations and workers' rights

●Improved worksite safety

●Efficient & responsive claims processing

● Portable benefits (employees can move from one Infiniti client to another without loss of eligibility for benefits