Payroll Tax Analyst
Current• Accurately reconciles and remits over $6 million in tax deposits weekly.• Prepare and file all monthly, quarterly, and annual payroll tax returns for federal, state, and local withholding taxes, ensuring compliance with regulatory deadlines.• Reconciles, prepares, and remits all quarterly unemployment and paid leave tax returns.• Ensure all payroll tax activities are processed timely, accurately and in compliance with all federal, multi-state, and local tax regulations.• Completes W2 reconciliation throughout the year to ensure accuracy of W2 forms at year-end, minimizing discrepancies and potential issues for employees.• Conduct regular reviews of payroll data to identify discrepancies, proactively addressing issues to maintain data integrity.• Achieved a 90% reduction in payroll tax penalties through strategic analysis and implementation of improved payroll processes.• Played a key role in testing payroll software during the implementation of new patches and updates, ensuring system functionality and data integrity.• Manage weekly 401K deferral and loan changes, ensuring accurate and timely entries into the payroll software.• Conducted weekly reconciliations of 401K deductions and promptly remitted payments to the 401K vendor, maintaining compliance with regulatory requirements.• Responsible for preparing and remitting the 401k company match quarterly.