Payroll Services in Lexington, KY
Payroll that's on time, every time
Payroll mistakes are expensive — a missed deposit deadline or a wrong withholding calculation can mean penalties from the IRS and Kentucky Department of Revenue alike, on top of unhappy employees. Running payroll correctly means getting federal and state withholding right, filing the right forms on the right schedule, and keeping up with rules that change more often than most business owners have time to track.
Premier Tax & Accounting handles payroll for small businesses across Lexington and Louisville, Kentucky — calculating wages, withholding federal and Kentucky state income tax, filing quarterly and annual payroll tax returns, and issuing W-2s and 1099s at year-end. If your business operates inside Lexington city limits, we also handle the LFUCG occupational license tax withholding that applies to your employees' wages, and we track Fayette and Jefferson county requirements for businesses operating in either area.
Because we also handle your bookkeeping and tax preparation, your payroll numbers flow directly into your books and your business return — no reconciling two different systems, no missed entries, no surprises when it's time to file. If you're an S-corp owner, we also help you set reasonable compensation through payroll correctly, which matters for how the IRS views your S-corp election.
Whether you have one employee or a growing team, we scale the service to fit your business. Our team holds the IRS's Annual Filing Season Program (AFSP) credential and has supported Kentucky small businesses for more than a decade, so your payroll is handled by people who also understand the tax return it feeds into. Ready to get payroll off your plate? Book a consultation today.
Personal tax returns
Also need to file your own personal return? We handle individual tax prep too — W-2s, self-employment income, rental property, and more. See our other services or book a free consultation to talk through what you need.
Business tax returns
Own an S-corp, partnership, or single-member LLC? We handle the full return too — 1120S, 1065, and Schedule C filings, plus payroll and bookkeeping. See our other services or book a free consultation to talk through what your business needs.
