Bookkeeping & Payroll Services

Accounting & Auditing

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Bookkeeping Services

At Advantage Business Services, primary goal is to help independent businesses handle their management, accounting and tax preparation needs, at an affordable price.

Over the years we have helped hundreds of businesses manage their operations PRO-ACTIVITY, enabling them to plan their business growth and taxes instead of reacting to their day-to-day problems.

Let us help you with the operation and management of your business so that you can better learn from the past and plan for the future improvement of your business.

Payroll Services

The standard rate for our payroll services $25 per check run $5 for each additional employee. For example if you had a 6 employees paid every 2 weeks the cost to your company would be $50 every 2 weeks

Requirements for new employees. Make a copy of their government Identification card and social security card. Have them fill our a copy of a w-4 form which can be obtained from this link http://www.irs.gov/pub/irs-pdf/fw4.pdf?portlet=3 Verify their eligibility to work and fill out a form I-9 which can be obtained from this link http://www.uscis.gov/files/form/i-9.pdf


If a New York State employee a new hire form must be sent to New York State Department of Labor within 20 days of hiring the new employee

All New York State employers must have a workers compensation policy and an employees disability. There is $250 fine for every 10 days you are without insurance. These penalties can often times be reduced if you act quickly and respond within the given time frame. If however you don’t respond to the settlement offer the accounts will go into collections and can only be reduces by about 50% of the penalty amount.

Workers compensation is based upon the amount of actual payroll you pay during the year. It can be as little as $300 a year or 1/2 of 1% for a low risk occupation or it can be as high as 18% for high risk occupations such as roofers and demolition contractors. Carpenters paid 14% for workers compensation last year.

Up to 2 owner who are officers can opt out of the plan and are not required to carry the policy for themselves

Disability is a relatively inexpensive policy usually less than $400 per year depending upon the # of male and the number of female employees. Female employees cost almost 2 times the amount of male employees

Have the employees sign a copy of the employee hand book where you state the rules and obligations before employee begins work.

In most business the employees are the most expensive investment.

We are a full service payroll provider designed for the small business. We will solve your payroll problems.

Weekly, bi weekly and month and quarterly payroll checks prepared and payroll taxes filed

Form NYS-1
Filer Type Due Date
3 Days Filers [1]:  
Filers required to withhold $15,000 or more for the calendar year preceding the previous calendar year Within three business days following the payroll that caused the total accumulated tax withheld to equal or exceed $700[2]
5 Day Filers [1]:  
Filers required to withhold less than $15,000 during such year Within 5 business days following the payroll that caused the total accumulated tax withheld to equal or exceed $700 [2]
Higher Educational Organizations  
(pursuant to 20 NYCRR 2396.2(f))
or
Health Care Providers
(pursuant to 20 NYCRR 2396.2(j))
 Within 5 business days following the payroll that caused the total accumulated tax withheld to equal or exceed $700 [2]

[2]You must file Form NYS-1 and remit the total tax withheld after each payroll that causes the total accumulated tax required to be withheld to equal or exceed $700. If you have more than one payroll within a week (Sunday through Saturday), you are not required to file until after the last payroll in the week. However, when a calendar quarter ends between payrolls paid within a week, any accumulated tax required to be withheld of at least $700 must be remitted with Form NYS-1 after the last payroll in the quarter.

[1] The Tax Department will notify you of any change to your filing due date (three or five business days after the payroll) based on our record of your total tax withheld. New employers will be permitted to file within five business days until notified otherwise by the Tax Department.
 
Forms NYS-45, NYS-45-ATT and NYS-45-CC
The due dates for Forms NYS-45, NYS-45-ATT and NYS-45-CC are as follows:
QuarterDue Date [*]
Jan – MarApr 30
Apr – JunJul 31
Jul – SepOct 31
Oct – DecJan 31 [**]
 
[*] When the actual due date falls on a Saturday, Sunday or legal holiday, New York State Tax Law permits you to file on the next business day.
[**] The Employee Wage and Tax Information is due February 28. To file using the February 28 due date, this information must be filed on an NYS-45-ATT separate from the fourth quarter NYS-45 which is due Jan 31. Construction employers opting to file their Employee Wage and Tax Information using the February 28 due date may also file their NYS-45-CC using the February 28 due date.

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Notary, Notary Public, Contractor Insurance, Corporate Formation, Advertising Agency, Marketing plans, Advertising plan, BUSINESS INSURANCE NYC, (347) 303-7148 WE OPEN CORPORATIONS, INCOME TAX PREPARATION, INCORPORATION, NOTARY, NEW YORK CITY BUSINESS INSURANCE, BUSINESS PLANS, COMMERCIAL INSURANCE, BUSINESS OWNER INSURANCE,TAX IDENTIFICATION NUMBERS, SALES TAX, PAYROLL TAX. LOW COST BUSINESS INSURANCE, SMALL BUSINESS INSURANCE, FREE QUOTE, 1040, IT-201, 941, 1120, 1120S, CT3M/4M, OPENING SMALL BUSINESS IN QUEENS NY, INCORPORATING IN NEW YORK STATE, WORKERS COMPENSATION INSURANCE, PENALTIES REDUCTION, ELIMINATE FINES PENALTIES, SMALL BUSINESS INSURANCE, INCORPORATE FILING RECEIPT, EIN NUMBERS, EMPLOYER IDENTIFICATION NUMBERS, ITIN NUMBERS, INDIVIDUAL TAX IDENTIFICATION NUMBERS, 24 HOUR NOTARY SERVICE, NOTARY, NOTARY PUBLIC, TYPES OF INSURANCE, TYPES OF TAXES IN NYC, CONTRACTOR BONDS, CONSTRUCTION BONDS, BUSINESS PERMITS, CONTRACTOR INSURANCE, BUILDING PERMITS, BUSINESS LICENSES AND PERMITS NEW YORK CITY, JAMAICA QUEENS, OPENING A STORE IN NYC, BUSINESS CERTIFICATE DBA, SALES TAX CERTIFICATE, CERTIFICATE OF AUTHORITY, GARNISHMENTS, PROBLEMS SOLVED, LEINS, LEVIES, JUDGEMENT, BOOKKEEPER, BOOKKEEPING, ACCOUNTANT, ACCOUNTANTS, CPA NEEDED, C.P.A. NEEDED, CERTIFIED PUBLIC ACCOUNTANT WANTED, TAX ACCOUNTANT, RAPID REFUND, FAST REFUND, BIG REFUNDS, INCOME TAX REFUNDS, RAL, REFUND ANTICIPATION LOANS, SURETY BONDS, HOME IMPROVEMENT CONTRACTORS LICENSE TEST, HOME IMPROVEMENT CONTRACTORS INSURANCE, NASSAU COUNTY, KINGS COUNTY, NEW YORK CITY. BROOKLYN, HOW TO START A BUSINESS IN NEW YORK CITY ?, STARTING A BUSINESS IN NYC, PAYROLL SERVICE, INCOME TAX DUE DATES, FILINGS, TAX DUE DATES, TAX MAILING ADDRESS, INCOME TAX MAILING ADDRESS, NYC Department of Health and mental hygiene food service provider applications WC/DB-100, FLUSHING, CAMBRIA HEIGHTS, QUEENS VILLAGE, ST. ALBANS, HOLLIS, SPRINGFIELD GARDENS, LAURELTON, RICHMOND HILL, SOUTH OZONE PARK, WOODHAVE, REGO PARK, FOREST HILLS, CORONA, HOWARD BEACH, BELLROSE, BAYSIDE, FOREST HILLS, JACKSON HEIGHTS, JAMAICA, HOW DO I OPEN A BUSINESS IN NYC ? BUSINESS TAXES

We service the following areas: Queens, Brooklyn, Manahattan, Bronx, Staten Island, Kings County, Richmond County, Nassua County, Suffolk county,Astoria, Ditmars, Steinway, Bayside, Bay Terrace, Oakland Gardens, Belle Harbor, Bellerose. Breezy Point. Broad Channel. Cambria Heights. College Point. Corona. Douglaston, Douglas Manor, East Elmhurst, Elmhurst, Far Rockaway, Arverne, Bayswater, Edgemere, Flushing, Auburndale, Kew Gardens Hills, Floral Park, Forest Hills, Forest Hills Gardens, Fresh Meadows, Glendale, Glen Oaks, Hollis, Hollis Hills, Holliswood, Howard Beach, Lindenwood, Jackson Heights, Jamaica, Briarwood, Jamaica Estates, Jamaica Hills, South Jamaica, Kew Gardens, Laurelton, Little Neck, Long Island City, Hunters Point, Ravenswood, Queensbridge, Maspeth, Middle Village, New Hyde Park, Ozone Park, Queens Village, Rego Park, LeFrak City, Richmond Hill, Ridgewood, Rockaway Beach, Rosedale, Saint Albans, Springfield Gardens, South Ozone Park, Sunnyside, Whitestone, Beechhurst, Malba, Woodhaven, Woodside--- All of New York State Queens Neighborhood with zip codes Arverne , 11692, Astoria Heights , 11370 , Astoria , 11102, 11103 , 11105 , Auburndale , 11358, Bay Terrace , 11360 Bayside , 11359, 11360, 11361 Bayswater , 11691 Beechhurst , 11357 Bellaire , 11427, 11428, 11429 Belle Harbor , 11694 Bellerose , 11426 Blissville , 11101 Breezy Point , 11697 Briarwood , 11435 Broad Channel , 11693 Cambria Heights , 11411 College Point , 11356 Corona , 11368 Ditmars , 11005, 11370 Douglaston , 11362, 11363 , Dutch Kills , 11101 , East Elmhurst , 11369, 11370, 11371 , Edgemere , 11690 , Elmhurst , 11373 , Far Rockaway , 11096, 11690, 11691, 11692, 11693, 11694, 11695, 11697 , Floral Park , 11001, 11002, 11003, 11004, 11005 , Flushing , 11351, 11352, 11354, 11355, 11356, 11357, 11358, 11359, 11360, 11361, 11362, 11363, 11364, 11365, 11366, 11367, 11368, 11369, 11370, 11371, 11372, 11373, 11374, 11375, 11377, 11378, 11379, 11380, 11381, 11385, 11386, 11390 , Forest Hills Gardens , 11375 , Forest Hills , 11375 Fresh Meadows , 11365, 11366 , Fresh Pond , 11385 , Glen Oaks , 11004 , Glendale , 11385 , Hammels , 11693 Hillcrest , 11365, 11366 , Hollis Hills , 11427 , Hollis , 11423 , Holliswood , 11423 , Howard Beach , 11414 Hunters Point , 11101 , Jackson Heights , 11372, 11370 , Jamaica , 11405, 11411, 11412, 11413, 11414, 11415, 11416, 11417, 11418, 11419, 11420, 11421, 11422, 11423, 11424, 11425, 11426, 11427, 11428, 11429, 11430, 11431, 11432, 11433, 11434, 11435, 11436, 11439, 11451, 11499 , Jamaica Estates , 11423, 11432 Jamaica Hills , 11432 , Kew Gardens Hills , 11367 , Kew Gardens , 11415, 11418, 11424 , Laurelton , 11413 LeFrak City , 11368 , Linden Hill , 11354 , Lindenwood , 11414 , Long Island City , 11101, 11102, 11103, 11104, 11105, 11106, 11109 , Little Neck , 11362, 11363 , Malba , 11357 , Maspeth , 11378 , Meadowmere , 11422 Middle Village , 11379 , Murray Hill , 11358 , Neponsit , 11694 , New Hyde Park , 11040, 11042 , North Shore Towers , 11005 , Oakland Gardens , 11364 , Ozone Park , 11416, 11417 , Pomonok , 11365 , Queens Village , 11427, 11428, 11429 , Queensboro Hill , 11355 , Queensbridge , 11101 , Ravenswood , 11106 , Rego Park , 11374 , Richmond Hill , 11418 , Ridgewood , 11385, 11386 , Rochdale Village , 11434 , Rockaway Beach , 11693 Rockaway Park , 11694 , Rosedale , 11422 , Roxbury , 11697 , Saint Albans , 11412 , South Jamaica , 11435, 11433, 11436, 11434 , South Ozone Park , 11420, 11436 , Springfield Gardens , 11413 , Sunnyside Gardens , 11104 , Sunnyside , 11104 , Tudor Village , 11417 , Whitestone , 11357 , Willets Point , 11368 , Woodhaven , 11421 , Woodside , 11377 , Brooklyn Neighborhood with zip codes Albemarle-Kenmore Terrace, 11226, Bath Beach 11214, Bay Ridge, 11209, Bedford Stuyvesant, 11216, Bensonhurst, 11214, Bergen Beach, 11234, Beverley Square East, 11226, Beverley Square West, 11226, Boerum Hill, 11201,11217, Borough Park, 11219, Brighton Beach, 11235, Broadway Junction, 11233, Brooklyn Heights, 11201, Brownsville, 11212, Bushwick, 11221, Canarsie, 11236, Carroll Gardens, 11231, Caton Park, 11218, City Line, 11207, Clinton Hill, 11205, Cobble Hill, 11201, Coney Island, 11224, Crown Heights, 11225,11213, Crown Heights North, 11213, Cypress Hills, 11208, Ditmas Park, 11226, Ditmas Park West, 11226, Downtown,11201, DUMBO, 11201, Dyker Heights, 11228, East Flatbush, 11203, East New York, 11207, 11208, East Williamsburg, 11206, Farragut, 11210, Fiske Terrace, 11230, Flatbush, 11226, Flatlands, 11236, Fort Greene, 11205, Fort Hamilton, 11209, Fulton Ferry, 11201, Georgetown, 11230, Gerritsen Beach, 11229, Gowanus, 11231, Gravesend, 11223, Greenpoint, 11222, Greenwood Heights, 11232, Highland Park, 11207, Homecrest, 11239, Kensington, 11218, Mapleton, 11204, Madison, 11229, Manhattan Beach, 11234, Manhattan Terrace, 11230, Marine Park, 11234, Midwood, 11230, Midwood Park, 11210, Mill Basin, 11234, Mill Island, 11234, Navy Yard, 11205, New Lots, 11236, North Side, 11211, Northeast Flatbush, 11212, Ocean Hill, 11233, Ocean Parkway, 11230, Paerdegat Basin, 11236, Park Slope, 11215, 11217, Plum Beach, 11235, Prospect Lefferts Gardens, 11225, Prospect Heights, 11217, 11238, Prospect Park South, 11217, Red Hook, 11231, Remsen Village, 11236, Rugby, 11203, Sea Gate, 11224, Sheepshead Bay, 11235, South Midwood, 11210, South Side, 11210, South Park Slope, 11215, Spring Creek, 11239, Stable Brooklyn, 11218, Starrett City, 11239, Stuyvesant Heights, 11216, Sunset Park, 11220, Vinegar Hill, 11201, Weeksville, 11233, West Midwood, 11230, Williamsburg, 11206,11211, Windsor Terrace, 11218, Wingate, 11203

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