Starting a small business in Kentucky can be very difficult. Though the sate provides several resources and incentives, determining your local, state, and federal tax obligations can be difficult—especially for new business owners. Once you have determined your obligations and liability, tax returns and payments must be filed. As in most states, failure to file can result in penalty and interest charges. In the worst cases, it can lead to the revocation of your business license.
While this may sound extreme, small business owners in the Bluegrass State have dozens of other responsibilities. In most cases, payroll and accounting aren’t always your biggest priority; though you may have spent years financially planning the start of your business, smaller, recurring accounting transactions can sneak up on owners and build over time. However, you should spend time working on your business—not filing your taxes. This is where AMS can assist.
Advanced Micro Solutions provides a range of advanced and semi-automated tax and wage reporting tools. A wonderful option for Kentucky small businesses, AMS payroll is the best choice for business owners who can’t overcome the tedious accounting processes required by the state. This isn’t a standard Kentucky payroll calculator. This is a comprehensive Kentucky payroll solution, and it starts with our platform software.
AMS Payroll Features for Kentucky Business Owners
AMS Payroll is an add-on module to our W-2/1099 Forms Filer. This Kentucky payroll software processes both “live” and “after-the-fact” payroll to provide a flexible, personalized solution. It can support up to 1,999 payers and 9,999 employees per payer, making this an excellent choice for most small businesses. Network and multiple PC installation is included, and the software is equipped to handle several Kentucky-specific forms, such as the Kentucky withholding form, Form K-1, Kentucky UI, and the UI 3 Form.
Here’s where AMS Payroll sets itself apart; in addition to support a variety of standard payroll functions, AMS Payroll will automatically calculate federal, state, and local payroll taxes for fast and accurate wage dispersal. The data can then be stored in a back-end storage feature. When tax season approaches, users can use this stored data to complete quarterly and annual forms. We understand the importance of convenience, and we’ve made sure to include a wide support system within our products. See below for additional featured AMS Payroll functions.
- State and Federal tax tables are included and updated as needed
- Up to 40 User-Defined fields can be set up for deductions/additions, such as 401K
- Checks printed individually or by date range
- Over 30 types of checks are supported
- Supports Federal payroll forms such as the 941, 940, 943, 944, and 1040 SchH
- Imports data from QuickBooks, PeachTree, Excel, and Tab-Delimited Text Files
- Exports data to Tab-Delimited Text Files and/or QuickBooks General Journal
Great Kentucky payroll software is essential for a thriving business. Let us help you get there.
Additional AMS Support for Kentucky Payroll Software
If you’re interested in purchasing our software, we encourage you to download our free demo. This is an excellent opportunity for potential customers to see just how AMS Payroll and AMS 1099 Software can assist in daily accounting responsibilities. If you have any questions, please call our Sales and Information team at 800-536-1099. An easier Kentucky payroll system is waiting.