Payroll Services in Colleyville, TX
Colleyville is home to a concentrated mix of service businesses, medical practices, and professional offices that employ anywhere from two to fifty people. With a median household income around $95,000 and steady growth across the Dallas-Fort Worth metro, Colleyville employers face real pressure to hire, retain, and pay people correctly. Payroll mistakes carry federal penalties, and the IRS does not care whether the error was an honest oversight or a software glitch.
Our Services
Our Payroll Services for Colleyville Clients
When you work with us, you get a complete payroll solution that covers processing, tax filings, and compliance. Here is exactly what is included:
- Payroll processing on your schedule: We calculate gross-to-net pay for every employee, including hourly, salaried, and commission-based workers, and run payroll on whatever weekly, biweekly, or monthly cycle your Colleyville business uses.
- Federal and state payroll tax filings: We prepare and file Form 941 (quarterly federal tax return), Form 940 (annual federal unemployment tax), and Texas Workforce Commission wage reports so you never miss a deadline or face a penalty.
- W-2 and 1099 preparation: At year-end, we generate W-2s for employees and 1099-NEC forms for independent contractors, with copies filed to the IRS and SSA on your behalf.
- New hire reporting: Texas law requires employers to report new hires to the Texas Attorney General’s office within 20 days. We handle that filing for every new employee you bring on in Colleyville.
- Payroll records and reporting: You receive clear pay stubs, payroll summaries, and tax liability reports each pay period so you always know where your labor costs stand.
- Worker classification guidance: We help you determine whether a worker should be classified as a W-2 employee or 1099 contractor based on IRS guidelines, reducing your audit risk.
Why Colleyville Businesses and Residents Choose AG Freideman, CPA
30 years of hands-on experience: Al Freideman has processed payroll, filed tax returns, and managed books for businesses across multiple industries for over three decades. Colleyville employers get the benefit of a CPA who has seen every payroll scenario, from tipped restaurant employees to commissioned sales teams.
Virtual appointments that serve all of DFW: Our office is on Preston Road in North Dallas, but we work with Colleyville clients entirely through virtual meetings, secure document sharing, and phone calls. You get the same one-on-one service without leaving your office on Colleyville Boulevard or Hall Johnson Road.
Transparent, flat-fee pricing: Monthly bookkeeping with bank reconciliation and payroll processing runs $300 to $600 per month depending on the number of employees and pay frequency. We quote your exact price before we start, and that is the price you pay. No surprises, no hidden fees.
52 five-star Google reviews: Every single one of our Google reviews is five stars. Colleyville business owners who value personal attention and accuracy choose us because our track record speaks for itself.
Payroll Services Questions from Colleyville Clients
How much do payroll services cost in Colleyville?
Our monthly bookkeeping and payroll processing packages range from $300 to $600 per month. The exact price depends on how many employees you have, your pay frequency, and whether you also need bank reconciliation and bookkeeping. We provide a specific quote during your free consultation so you know the cost before you commit.
Can you handle payroll tax filings for my Colleyville business?
Yes. We prepare and file all federal payroll tax forms, including quarterly Form 941 and annual Form 940. We also file Texas Workforce Commission wage reports. Texas has no state income tax, but employers are still responsible for federal payroll taxes (Social Security, Medicare, and federal unemployment) and Texas unemployment insurance contributions.
What is the difference between a 1099 contractor and a W-2 employee?
The IRS uses a set of factors based on behavioral control, financial control, and the type of relationship to determine classification. A W-2 employee works under your direction, uses your tools, and receives benefits. A 1099 contractor controls how and when the work gets done. Misclassifying workers can trigger IRS penalties and back taxes. We review your worker arrangements and help Colleyville employers classify correctly from the start.
How fast can you set up payroll for my Colleyville business?
Most Colleyville businesses are fully set up and running payroll within one to two weeks. The timeline depends on how quickly we receive your EIN, employee information (W-4s and I-9s), and prior payroll records if you are switching from another provider. If you are a brand-new employer, we can coordinate setup alongside your LLC formation or S-Corp election.
Do I need payroll services if I only have one or two employees?
Yes. Even with a single employee, you are required to withhold federal income tax, Social Security, and Medicare from each paycheck, deposit those withholdings on time, and file quarterly returns. The penalties for late deposits start at 2% and climb to 15% depending on how late the payment is, according to IRS guidelines. Many Colleyville business owners with just one or two employees find that outsourcing payroll to a CPA costs far less than the risk of doing it wrong.
Can you also handle my bookkeeping and tax preparation?
Absolutely. Most of our Colleyville payroll clients also use our bookkeeping services and business tax preparation. When the same CPA handles your payroll, books, and tax return, everything flows together with no gaps, no duplicate data entry, and no miscommunication between providers. S-Corp and partnership returns run $1,000 to $2,000 depending on complexity.
Get Started from Anywhere in Colleyville
Setting up payroll with AG Freideman starts with a free, no-obligation consultation. We meet virtually, review your current payroll situation, discuss your employee count and pay schedule, and provide a specific monthly quote. There is no paperwork to sign before that conversation, and no pressure. Al Freideman handles every Colleyville payroll engagement personally, so you always know exactly who is managing your employees’ pay and your tax filings. Call (972) 893-3481 or visit agfreideman.com/meeting/ to book your free consultation today.
Visit Our Office
Address: 17304 Preston Rd Ste 861, Dallas, TX 75252
Phone: (972) 893-3481
We also offer virtual appointments for clients throughout the DFW metroplex who prefer to meet remotely.
Book a Meeting"I had worked with the same accountant for more than 10 years, so finding a new one was a significant decision. While my previous accountant did a great job, they were located out of state, and I wanted someone local…"
Ready to Get Started?
Book your free consultation with Al Freideman, CPA. 30+ years experience serving Dallas-Fort Worth.