20 Tips to Turbocharge Your Payroll Practice
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The reality is that many accountants are making more money per hour of their time with payroll services than other services.
In many cases, successful payroll firms are processing hundreds of payrolls using only 2-4 paraprofessionals or clerical staff. That means they have reduced the costliest component of payroll processing – the labor cost – to a bare minimum. That’s how they realize 50% - 70% gross margins from payroll services.
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