Payroll & Payroll Tax Filing
Payroll Service for Small Business Owners
F.I.C. runs your payroll, handles deductions and files your payroll taxes, so you can get back to running the business. Priced per paycheck.
- Payroll at $25 per paycheck issued, $250/month minimum
- W-2, 1099, 940 and 941 forms prepared at year end
- Bundle payroll with bookkeeping, sales tax and tax returns
Over 35 years of accounting, tax and payroll work from our Chicago office.
Prefer to talk? Call (773) 202-9393
Request payroll pricing
Tell us about your payroll and we will send pricing built around your headcount and pay schedule.
Why small businesses hand payroll to F.I.C.
Clear per-paycheck pricing
Payroll is $25 per paycheck issued, with a $250 monthly minimum. You know the basis of your bill before you start.
Payroll taxes filed for you
We prepare and file your payroll tax forms, including W-2, 1099, 940 and 941 at $100 per form prepared at year end.
One firm for the whole back office
Bookkeeping, sales tax, advisory and year-end business and personal returns sit under the same roof.
Help when an auditor calls
We assist with workers' compensation audits and IRS notices, so your payroll records are organized and explained.
Built for changing rules
Our team tracks the payroll and tax rules that apply to your filings so your reporting stays current.
Chicago roots, nationwide service
Headquarters in Chicago with offices in St. Paul, Ireland and Egypt. We serve clients across the US.
What our payroll service covers
Payroll looks simple until a form is late or a classification is wrong. F.I.C. manages employee salaries, deductions, tax filings and compliance so each pay run goes out on time and your records stay clean.
Many owners start with payroll and then add bookkeeping and sales tax. The FIC Package bundles bookkeeping, payroll, sales tax, advisory services and year-end business and personal tax returns, starting from $500 onwards depending on the type and size of company.
- Payroll processing: $25 per paycheck issued, minimum $250 per month
- Year-end forms: $100 per 1099, W-2, 940 or 941 prepared
- Employee salary, deduction and payroll tax filing management
- Sales tax filing at $100 per form, per state and city
- Bookkeeping from $1 per transaction, minimum $350 per month
- Workers' compensation audit assistance: $500 when we run your payroll, $1,200 if we do not
- Business tax return preparation and personal returns at year end
- Service for startups, contractors, manufacturers and non-profits
How to get started
Send us your payroll details
Share your headcount, pay schedule and state or states. It takes a couple of minutes.
We review and quote
Our team reviews your setup and explains pricing based on paychecks issued and the forms you need.
We take over pay runs
Once you approve, we set up your payroll, handle deductions and prepare your payroll tax filings.
Frequently asked questions
How much does payroll cost for a small business?
Payroll is $25 per paycheck issued with a minimum of $250 per month. Each 1099, W-2, 940 or 941 prepared at year end is $100 per form. Send us your headcount and pay schedule for a quote.
Is there a minimum?
Yes. Payroll has a $250 per month minimum, so it fits businesses paying a small team as well as larger ones.
Do you file payroll tax forms too?
Yes. We handle payroll tax filings and prepare W-2, 1099, 940 and 941 forms at year end, billed at $100 per form prepared.
Can I add bookkeeping and tax returns?
Yes. The FIC Package bundles bookkeeping, payroll, sales tax, advisory services and year-end business and personal tax returns, starting from $500 onwards depending on your company.
Do you help with workers' compensation audits?
Yes. If we run your payroll, workers' compensation audit assistance is $500. If your payroll is elsewhere, it is $1,200 and we need full access to your payroll software.
Do you only work with Chicago businesses?
No. F.I.C. is headquartered in Chicago with offices in St. Paul, Ireland and Egypt, and serves clients across the United States.
Ready to hand off payroll?
Tell us how many people you pay and how often. We will walk you through pricing and what we need to set up your first pay run.
- Payroll at $25 per paycheck issued, $250/month minimum
- W-2, 1099, 940 and 941 forms prepared at year end
- Bundle payroll with bookkeeping, sales tax and tax returns
Prefer to talk? Call (773) 202-9393