6160 N Cicero Ave, Suite 305 · Chicago, IL 60646 director@dataxfingroup.com
Payroll Services

Payroll done right, every pay period.

We run your payroll, deposit and file your payroll taxes and keep you compliant with federal and Illinois requirements, so your team is paid on time and you avoid costly penalties.

Overview

Payroll is more than writing checks.

Every pay period, an employer must calculate wages, withhold the correct federal and Illinois taxes, deposit those taxes on time and file regular reports with the IRS, the Illinois Department of Revenue and the Illinois Department of Employment Security (IDES).

Late deposits and filing mistakes can result in penalties and interest. With DATAX, you send us hours and changes, and we handle the rest.

What's included

Full-service payroll, start to finish.

Payroll processingGross-to-net calculations, overtime, deductions and reimbursements.
Direct deposit & checksPay your team the way that works for them.
Pay stubsClear, detailed stubs for every employee and every pay period.
Payroll tax depositsFederal deposits through EFTPS and Illinois withholding payments.
Quarterly reportsForm 941, Illinois IL-941 and IDES unemployment wage reports.
Annual filingsForm 940 (FUTA), W-2 and W-3, and 1099-NEC for contractors.
New hire reportingWe report new employees to the Illinois New Hire Directory.
Payroll reportsSummaries for your books, your accountant and your lender.
Know the difference

Employee or contractor?

How you classify workers determines which taxes you withhold and which forms you file.

1099 Contractor

Independent business
  • Controls how, when and where the work is done
  • No tax withholding by you
  • Provides a Form W-9
  • Receives Form 1099-NEC when payments reach the IRS reporting threshold

W-2 Employee

On your payroll
  • You direct how and when the work is done
  • You withhold income tax, Social Security and Medicare
  • You pay employer payroll and unemployment taxes
  • Receives Form W-2 at year-end
Misclassifying employees as contractors can lead to back taxes and penalties. Not sure? We'll help you get it right.
Process

How it works.

  1. SetupWe confirm your EIN, Illinois withholding and IDES unemployment accounts and collect employee information.
  2. Each pay period, send us hoursBy email, WhatsApp or a simple spreadsheet, along with any changes.
  3. We process payrollYour team is paid by direct deposit or check, with pay stubs.
  4. We deposit and filePayroll taxes are deposited and reports are filed on time.
  5. Year-endWe prepare W-2s, W-3 and 1099-NEC forms.
Checklist

What we need to get started.

Business

  • Employer Identification Number (EIN)
  • Illinois Department of Revenue account ID
  • IDES employer account number
  • Business bank account for payroll
  • Prior payroll reports, if switching providers

Employees & contractors

  • Form W-4 and Illinois IL-W-4 for each employee
  • Pay rate, schedule and start date
  • Direct deposit information
  • Form I-9 (kept on file by the employer)
  • Form W-9 for each contractor
Calendar

Payroll filing deadlines.

FilingWhat it isDue date
Form 941Federal quarterly payroll tax returnApr 30 · Jul 31 · Oct 31 · Jan 31
IL-941Illinois quarterly withholding returnApr 30 · Jul 31 · Oct 31 · Jan 31
IDES wage reportIllinois quarterly unemployment reportApr 30 · Jul 31 · Oct 31 · Jan 31
Form 940Annual federal unemployment (FUTA)January 31
W-2 / W-3To employees and the Social Security AdministrationJanuary 31
1099-NECTo contractors and the IRSJanuary 31
FAQ

Frequently asked questions.

Can you take over my payroll in the middle of the year?

Yes. We'll collect your year-to-date payroll information so your quarterly reports and W-2s are accurate.

I'm behind on payroll taxes or filings. Can you help?

Yes. We'll review what's outstanding, help you catch up and get you back on schedule.

Do I need payroll if I only have one employee?

Yes. Even one employee means withholding, deposits and quarterly filings. That includes owners of an S corporation who pay themselves a salary.

Do you work with restaurants, construction and cleaning companies?

Yes. We work with small businesses across many industries in Chicago.

This page provides general information and is not legal or tax advice for your specific situation. Requirements can change; we confirm current IRS and Illinois rules during your consultation.

Next step

Take payroll off your plate.

Whether you have one employee or a growing team, we'll set up payroll the right way.

Boceto / Mockup — IRS credentials (e-file, CAA, AFSP) to be confirmed.