As an owner, can I put myself on payroll?
Yes. Depending on your business structure, owners can often be paid through payroll. Sole proprietors, partnerships, S-Corporations, and C-Corporations each have different compensation rules. We can help you determine the best approach and coordinate with your CPA or tax advisor to ensure compliance.
Do you only pay employees in Maine and New Hampshire?
While we have deep expertise in Maine and New Hampshire payroll requirements, we can process payroll for employees working in all 50 states. We stay current on state-specific tax and reporting requirements, so your payroll remains compliant wherever your employees are located.
How many employees do we need to have a payroll service?
There is no minimum employee requirement. Whether you're paying just yourself, have one employee, or manage a growing workforce, our payroll services can be tailored to fit your business's needs.
Do we need a Bangor Savings Bank business bank account to run payroll?
Bangor Payroll® works with businesses regardless of where they bank. Our payroll and HR solutions are available to all eligible businesses, with no Bangor Savings Bank account required.
As a new business, can't I just do payroll myself?
You certainly can, but payroll can quickly become complex. Payroll involves wage calculations, tax withholdings, filings, deposits, new hire reporting, compliance requirements, and year-end forms. Working with a payroll provider helps reduce the risk of costly mistakes and allows you to focus on running and growing your business.
Do you pay 1099 contractors?
Yes. We can help you manage payments to independent contractors and provide year-end 1099 reporting. We'll help ensure contractor payments are tracked accurately, and the appropriate forms are prepared when needed.
What security measures do you have in place?
Protecting your data is a top priority. We use industry-standard security measures, including secure data transmission, encrypted data storage, multi-factor authentication where available, restricted system access, and ongoing monitoring to help safeguard sensitive payroll information.
Can you migrate data from my current provider?
Yes. We regularly assist businesses transitioning from other payroll providers. Our team can help transfer employee information, payroll history, tax data, and other critical records to ensure a smooth and efficient onboarding process.
Do you help with any changes if a law changes, either federally or at the state level, that would affect payroll?
Absolutely. Payroll regulations change frequently, and our team monitors federal, state, and local payroll requirements. When laws or regulations impact payroll processing, tax withholding, reporting, or compliance, we help ensure your payroll is updated accordingly.
Can my CPA, accountant, or bookkeeper access my payroll reports?
Yes. We can provide secure access to authorized advisors, including CPAs, accountants, and bookkeepers. This allows them to view reports, access payroll data, and support your accounting and tax preparation needs while maintaining appropriate security controls.