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Payroll Services are our best clients.
The Top Two questions we are asked by Payroll
Services are: Why should we offer your services to our clients? Won't that just
decrease our income stream by reducing the number of IRS Wage Garnishments we
process for them?
The answer to both questions is a resounding "NO!"
We don't eliminate your fee for
processing an IRS Wage Garnishment. We transform it into an IRS
Installment Agreement (IA) that you continue to process as a payroll deduction.
You are probably already processing several IAs right now, as it is.
In many cases, you can actually
increase your processing fees since the taxpayer (your client's
employee) requests that the total monthly amount of the deduction be divided
evenly on a "per check" basis rather than being deducted from a single check. This way, you process two or three or four IA deductions per
month rather than just a single one. If your policy is to charge your processing
fee on a "per item" basis, you can increase the duration of these
deductions. This will increase your volume and thereby increase
your revenue! |