Best Denver Payroll Services

What are the best small business payroll service providers in Denver?

• Juniper Accounting & Tax Services.
• Dickmann Tax Group.
• Financial Liberty Network.
• 4Corner Business Services.
• Margaux’s Bookkeeping, Inc.
• DK/RK Services.
• Kate O'Dea, CPA, PC.
• Browning Global.

What do payroll processing services in Denver cost?

Denver's payroll services generally cost between $19.00 and $200.00 per month, depending on taxes, how often you run payroll, and the number of employees, among other factors.

What should I know about doing payroll in Denver?

• Employers in Denver are required to withhold state and local income taxes from employees' paychecks together with federal income tax.
• Employers in Denver must withhold paid unemployment insurance. The unemployment insurance rate is determined on an employer-by-employer basis and ranges from 0.62% to 8.15%.
• Employees who earn at least $500 in gross wages in a calendar month from work done within Denver have to pay occupational privilege tax (OPT) of $5.75 per month. Employers of each qualifying employee have to pay $4.00 per month. Employees do not need to live in Denver to be liable for the tax and the business doesn’t need to be located in Denver. As long as an employee performs work in Denver, both the business and the employee are liable for the OPT.
• Within the city limits, Denver employers are required to pay employees a minimum wage of $17.29 per hour.
• If an employee is covered by federal and Colorado state minimum wage laws, then the employer must pay the higher minimum wage. The federal minimum wage is currently $7.25 per hour, which is lower than the 2023 Colorado state minimum wage of $13.65.
• All employees, including temporary and part-time employees, must be given paid sick days under Denver's sick leave statute.