Payroll plays an important role in tax compliance and reporting, especially for S-Corporation owners and growing businesses.
Madsen and Company does not directly provide payroll processing services. Payroll services are provided by our affiliated company, Master Payroll Solutions LLC.
Our role as your CPA firm is to ensure payroll is properly coordinated with your tax filings, accounting records, and overall tax strategy.
Payroll coordination services are provided to tax and advisory clients of Madsen and Company, a Utah-based CPA firm serving business owners throughout South Jordan and surrounding communities.
Payroll coordination ensures that payroll processing, owner compensation, and payroll tax filings are aligned with your tax returns and overall tax strategy. It is not payroll processing, but oversight to reduce errors, compliance issues, and tax surprises.
Payroll impacts far more than just paychecks. It affects:
• Income tax reporting
• Employment taxes
• Owner compensation
• Retirement contributions
• Financial statements
• IRS compliance
We work closely with Master Payroll Solutions LLC to help ensure:
• Payroll data aligns with your tax returns
• Owner compensation is structured correctly
• Payroll tax filings match reported wages
• Year-end forms (W-2s and 1099s) are consistent with your tax filings
• Payroll supports your overall tax strategy
This coordinated approach helps reduce errors and improve compliance.
Payroll services are provided under a separate engagement with Master Payroll Solutions LLC.
Madsen and Company and Master Payroll Solutions LLC are separate legal entities.
Each company is responsible for its own services, billing, and client agreements.
Payroll coordination is most relevant for:
• S-Corporation owners
• Business owners with employees
• Businesses where payroll affects tax planning
• Clients who want payroll aligned with their tax strategy
We do not offer stand-alone payroll processing through Madsen and Company.
If you are a tax or advisory client and need payroll support, please contact our office and we will direct you to Master Payroll Solutions LLC for payroll services.
We will continue to coordinate payroll information with your tax filings to ensure consistency and compliance.
Separating payroll services from tax advisory services allows:
• Clear accountability
• Proper licensing and compliance
• Clean tax reporting between entities
• Better coordination between payroll and tax strategy
• Reduced errors and confusion
• A more focused CPA advisory relationship
Do you provide payroll services directly?
No. Payroll services are provided by our affiliated company, Master Payroll Solutions LLC. Madsen and Company focuses on tax preparation, tax planning, and advisory services.
Why are payroll services handled by a separate company?
Payroll and tax advisory are different services with different operational and compliance requirements. Separating them allows each business to focus on its specialty while coordinating your payroll and tax reporting accurately.
Will you still see my payroll information for tax preparation?
Yes. We coordinate with Master Payroll Solutions LLC so payroll data flows correctly into your tax filings and financial reports.
Do I need a separate agreement for payroll services?
Yes. Payroll services are provided under a separate engagement with Master Payroll Solutions LLC, with its own agreement and billing.
Who should I contact with payroll questions?
For payroll processing questions, you will work directly with Master Payroll Solutions LLC.
For tax planning or tax return questions related to payroll, you will work with Madsen and Company.
Is payroll available only for tax clients?
Payroll coordination is designed for clients who also receive tax or advisory services from Madsen and Company, so payroll can be aligned with your overall tax strategy.