Payroll Services in Richardson, TX
Richardson’s Telecom Corridor is home to more than 1,000 technology employers, along with major operations from RTX (Raytheon), Amazon, Fossil Group, and AT&T. With a median household income near $98,000 and a steady stream of new businesses launching to serve this high-earning workforce, Richardson employers face real complexity when it comes to payroll: federal withholding, quarterly filings, W-2 and 1099 reporting, and the ever-present question of whether a worker should be classified as an employee or a contractor.
Our Services
Our Payroll Services for Richardson Clients
When you work with us, payroll stops being a headache. Here is exactly what Richardson business owners receive:
- Payroll processing on your schedule: We calculate gross-to-net pay for every employee, handling federal income tax withholding, Social Security, Medicare, and FUTA each pay period.
- Quarterly and annual tax filings: We prepare and file IRS Forms 941 (quarterly) and 940 (annual), plus W-2s and W-3 transmittals at year end, so you never miss a deadline or face a penalty.
- 1099 contractor reporting: For Richardson businesses that use independent contractors (common in the Telecom Corridor’s tech and consulting sectors), we prepare and file 1099-NEC forms and help you maintain proper documentation.
- Worker classification guidance: Misclassifying a W-2 employee as a 1099 contractor can trigger IRS penalties and back taxes. We review your worker relationships and advise you on the correct classification under current IRS guidelines.
- New hire reporting: Texas requires employers to report new hires to the Texas Attorney General’s office within 20 days. We handle this reporting as part of your payroll engagement.
- Integration with monthly bookkeeping: Your payroll data flows directly into your books, so your financial statements, bank reconciliations, and tax returns all tie together without gaps or guesswork.
Why Richardson Businesses and Residents Choose AG Freideman
Personal attention from a licensed CPA: Al Freideman handles every payroll client himself. Richardson business owners who have been shuffled between junior staff at larger Dallas practices appreciate that they always work with the same experienced CPA who knows their business, their employees, and their goals.
Transparent pricing with no surprises: Our monthly bookkeeping and payroll packages run $300 to $600 per month depending on complexity. We quote your price up front, and that is the price you pay. Richardson employers budgeting tightly around hiring costs deserve that clarity.
52+ five-star Google reviews: Every single one of our Google reviews is five stars, and we have never received a negative review. Richardson clients trust us because we deliver consistent, accurate work year after year.
Virtual service from just minutes away: Our office is on Preston Road in North Dallas, a short drive from Richardson along the 75 corridor. Most of our Richardson clients work with us virtually, sharing documents securely online and meeting by video. If you prefer a face-to-face meeting, our office is easy to reach.
Payroll Services Questions from Richardson Clients
How much do payroll services cost in Richardson?
Our monthly bookkeeping and payroll packages range from $300 to $600 per month, depending on the number of employees, pay frequency, and whether you also need bank reconciliation and financial statements. 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 Richardson business?
Yes. We prepare and file all federal payroll tax returns, including quarterly Form 941, annual Form 940, and year-end W-2s and W-3 transmittals. Texas has no state income tax, so there is no state withholding to calculate, but we do handle Texas Workforce Commission unemployment tax reporting and new hire reporting to the state.
What is the difference between a 1099 contractor and a W-2 employee?
The IRS uses several factors to determine classification, but the core question is whether you control how the work is done (employee) or only the result of the work (contractor). Misclassification is a common issue for Richardson’s tech and consulting businesses, especially those staffing project-based work. The penalties for getting it wrong include back payroll taxes, interest, and potential fines. We review your worker arrangements and advise you on the correct classification.
How fast can you set up payroll for my Richardson business?
For most Richardson small businesses, we can have payroll running within one to two weeks of your initial consultation. If you are forming a new LLC or S-Corp, we can handle your Texas LLC formation (filing fee is $300 to the Secretary of State) and payroll setup together so everything is ready when you make your first hire.
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, file quarterly returns with the IRS, and issue a W-2 at year end. The compliance obligations are the same whether you have one employee or fifty. Many Richardson business owners find that outsourcing payroll for even a small team saves time and avoids costly filing errors.
How does payroll connect to my business tax return?
Payroll expenses are a major deduction on your business tax return, whether you file as a sole proprietor, S-Corp, or partnership. When we handle both your bookkeeping and payroll, everything flows into your return accurately. There is no reconciling data between separate providers, and we catch issues before they become problems at filing time.
Get Started from Anywhere in Richardson
We serve Richardson business owners virtually, so getting started is simple no matter where you are located in the city. Book a free, no-obligation consultation at agfreideman.com/meeting/ and we will review your payroll needs, walk you through our pricing, and answer any questions. You can also call us directly at (972) 893-3481. Al Freideman will personally handle your account from day one, the same way he has served Dallas-Fort Worth small business owners for more than 30 years.
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.