Products June 5, 2006
BoA Introduces Online Payroll Solution
June 5, 2006 (PLANSPONSOR.com) - Bank of America
Corp. (BoA) has announced a new program that will allow small
businesses to manage their payrolls online.
Reported by Rebecca Moore
“Easy Online Payroll” is free to small business customers who pay their employees by direct deposit with a Bank of America account, BoA said in its press release.
According to the announcement, features of the online payroll solution include:
- creation of paychecks for a wide variety of different pay types;
- development of W-2 statements;
- federal, state, local and voluntary withholding calculations;
- ability to pay and file all federal and most state payroll taxes electronically;
- e-mail reminders and payroll reports;
- integration with leading accounting and bookkeeping software;
- ability to run payroll from anywhere and at any time; and
- free support.
More information can be found at http://www.bankofamerica.com/business24-7 .