Payroll Management for Colorado Springs Practices
Accurate payroll processing, tax filings, and compliance for small businesses — handled by your CPA alongside bookkeeping, tax preparation, and year-round support.
Accurate Payroll Processing
We calculate payroll, withhold taxes, and process payments on time every pay period — so your employees are paid correctly and on schedule, whether you run weekly, bi-weekly, or monthly payroll.
Tax Filing & Compliance
We handle all payroll tax deposits and filings — quarterly Form 941, annual Form 940, W-2 and W-3 preparation, and Colorado state payroll taxes — so you never miss a deadline or face a penalty.
Built for Practices
Designed for small businesses with 1-10 employees. We understand the staffing structures of small practices and provide payroll management tailored to your needs.
WHAT WE HANDLE
Payroll Processing
- Employee payroll calculation
- Direct deposit or check processing
- Pay stub generation
- Payroll tax withholding
- Quarterly payroll tax filings (Form 941)
- Annual payroll tax filings (Form 940, W-2s, W-3)
Compliance & Reporting
- Federal payroll tax deposits
- State payroll tax filings
- New hire reporting
- Year-end W-2 preparation
- Payroll records maintenance
- Workers' comp audit support
OUR PROCESS
Payroll Setup
We configure your payroll system with employee information, pay rates, deductions, and tax details — and handle the transition from your current provider.
Each Pay Period
We calculate payroll, withhold federal and state taxes, and process payments on your schedule — weekly, bi-weekly, semi-monthly, or monthly.
Tax Filings
We handle quarterly Form 941 filings, federal and state payroll tax deposits, and all compliance deadlines throughout the year.
Year-End Reporting
W-2s prepared and distributed to employees, Form 940 and W-3 filed, and all payroll records maintained for audit readiness.
Payroll Setup
We configure your payroll system with employee info, pay rates, and tax details.
Each Pay Period
We calculate payroll, withhold taxes, and process payments on your schedule.
Tax Filings
We handle quarterly 941 filings, tax deposits, and all compliance deadlines.
Year-End Reporting
W-2s distributed, Form 940 and W-3 filed, records maintained for audits.
FREQUENTLY ASKED QUESTIONS
Yes. Payroll management is available as a standalone service from Lockhart & Powell. Contact us for pricing details tailored to your business size and payroll frequency.
We support all common payroll frequencies including weekly, bi-weekly, semi-monthly, and monthly pay schedules. We'll help you choose the schedule that works best for your practice and your employees.
Yes. We set up and manage direct deposit for your employees as part of our payroll management service. We also support check processing for practices that prefer paper checks.
We handle all Colorado-specific payroll requirements including state income tax withholding, state unemployment insurance (SUTA), new hire reporting to the Colorado Department of Labor, and compliance with Colorado wage and hour laws. As a Colorado CPA firm since 1986, we stay current on all state-level payroll regulations.
We handle the entire transition for you. We coordinate with your current provider to obtain year-to-date payroll records, set up your employees in our system, and ensure there's no gap in payroll processing. Most transitions are completed within one to two pay periods.
Our payroll service works for practices of all sizes, from 1 to 10 employees. Whether you have a single front-desk employee or a full clinical team, we provide the same level of accurate payroll processing, tax filing, and compliance support.
Ready to Simplify Your Business Payroll?Ready to Simplify Payroll?
Payroll processing, tax filings, and compliance — handled by your CPA. Contact us to learn how we can simplify payroll for your business.Payroll processing, tax filings, and compliance — handled by your CPA.