When companies pay their employees, they have to deduct a number of taxes from their paychecks. These deductions include Social Security, Medicare, state and federal taxes, just to name a few. All of these deductions have to be recorded for auditing and tax purposes, as well. While many companies handle payroll internally, there are a number of companies that are too small or just don’t want the hassle of handling payroll deductions. This is where Payroll Services come in.Payroll services handle these functions on behalf of the employer for a fee. Having a third party handle payroll matters can free up a company to focus on other, more important matters. Payroll services also handle other matters, including benefits management, vacation and time-off tracking and retirement services. Payrol