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Is Your Payroll Company Bonded?

Posted by in General Information

Donald Barrick was asked to give some advice regarding hiring a payroll company in The Alternative Board’s Newsletter “Tips from the Top”. Below is his response from the Newsletter:

Is Your Payroll Company Bonded?

Before you hire a payroll company, find out if it has a fidelity bond and whether the bond covers the owner as well as the other employees. This will ensure that if your money gets diverted from the intended recipient (i.e., paying your taxes to the IRS) the money will be covered and paid.

Donald Barrick, RMP Capital Corp., Islandia, NY

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