Business Advisory Services
Everything you need to help you launch your new business entity from business entity selection to multiple-entity business structures.
Press Release: Stephanie Torgerson Named Payroll Manager
Press Release: Stephanie Torgerson Named Payroll Manager
WCG (formerly Watson CPA Group) is excited to announce Stephanie Torgerson as our new Payroll Manager.
Processing payroll and payroll services takes a special person. For most of our S Corp shareholders, payroll is processed quarterly. There is a lot of back and forth, adjustments and issues that need to be sorted out each quarter. We liken it to a mini-tax season every March, June, September and December.
That’s the recurring stuff. There is a lot of front-end work getting payroll accounts opened. Some states are super easy, California and Colorado for example, and some states are super tough like Georgia and Pennsylvania. Some business owners don’t think a payroll account is needed in Florida or Texas, or other income tax-free states, but states administer unemployment and as such accounts are needed everywhere.
There is also a lot of back-end work dealing with problems throughout the country. The IRS is easy, but states and tiny little local jurisdictions can really complicate the heck out of payroll. And… if you think the IRS and other taxing jurisdictions are crazy about income taxes, they are fanatical about payroll taxes.
Therefore, payroll services are a big deal. A huge deal. It is way more than simply writing a payroll check; that is easy. Anyone can do that. Also, payroll can’t be screwed up… not paying your employees, or not paying or filing your payroll taxes is disastrous. A Payroll Manager needs to be a special person… a person with an attention to detail and strong organizational skills… a person who doesn’t rattle too easily… and that person for WCG (formerly Watson CPA Group) is Stephanie Torgerson.
Stephanie has already worked on the payroll team since she started in late 2017. She is also pursuing her Enrolled Agent credential and hopes to have that wrapped up by summer of 2019. Update: She completed her EA examinations, and is now an Enrolled Agent.
We welcome Stephanie Torgerson as WCG (formerly Watson CPA Group)’s Payroll Manager. Congratulations to Stephanie!
Jason Watson, CPA is the Managing Partner of WCG (formerly Watson CPA Group), a business consultation and tax preparation firm, and is the author of Taxpayer’s Comprehensive Guide on LLC’s and S Corps which is available online.
Related Blogs
June 7, 2025
Short-Term Rental Tax Loophole
Everyone loves loopholes, right? The Hummer loophole was recently popular again with 100% bonus depreciation. The older kid on the
March 30, 2025
Jason’s Sabbatical
Is it silly to write in the first-person? Probably. According to a 2022 Harvard Business Review article, a study of
February 26, 2025
Material Participation REPS Log
There is a ton of chatter about time trackers and REPS logs including STR hours. Spreadsheets with dropdowns, conditional formatting,
February 26, 2025
FinCEN Beneficial Ownership Information
URGENT: No later than March 21, 2025, FinCEN intends to issue an interim final rule that extends BOI reporting deadlines,
February 20, 2025
State Income Apportionment
With state apportionment and tax return preparation, there are two issues at play- apportionment itself, and then state tax return
January 28, 2025
2025 WCG India Team Tax Kickoff
Jason Watson, Terra Plamp and Beth Buchanan just returned from Ahmedabad, India to meet with our 23-person team on the
Tax Planning Season
Tax planning season is here! Let's schedule a time to review tax reduction strategies and generate a mock tax return.
Bookkeeping Services
Tired of maintaining your own books? Seems like a chore to offload?
