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Intuit® Online Payroll

Onscreen disclosure 1: Hypothetical small business owner. Not representative of any specific client experience.

Onscreen disclosure2: Monthly and other fees may apply. See product and pricing details link at the end of this video.

Justin: I've owned this shop for 14 years. I started surfing when I was 11 and just never stopped.

So I turned my passion into my career. And during tourist season, I'm open 15 hours a day and have 6 full-time employees.

When it came to paying them, I needed a simple, do-it-yourself solution. That's why I use Intuit® Online Payroll through a partnership with Bank of America.

Everything is done securely online. And once I sign in to Small Business Online Banking, I have access to all my tools and accounts. Then I go to payroll and enter the correct numbers and the calculations are done for me.

Setting up Intuit® Online Payroll is easy. When I sign up for Payroll from Small Business Online Banking, I'm asked which level of payroll service I want – online payroll, or full service. Then I'm taken to the Intuit® site, where I begin to set up my account.

Now I set up my company and employees.

To set up an account I follow the screen prompts and enter my business name, address, email and contact information. Then I set up my employees in the system by entering their contact information, pay, additions and deductions, vacation and sick time.

A status bar shows me an overview of my progress for each employee. After setup, I can ask my employees if they want direct deposit. If they do, they send me their checking account information and authorization.

Now let's talk about paying employees. I can transfer money to payroll in three easy steps, right from Small Business Online Banking.

On payday, I get an email reminder so I never forget to do payroll. I like reminders. Plus I can access my account anywhere I have an Internet connection. And I can pay my employees as many times as I want within a month at no additional charge.

My payday screen lists my employees and their pay types. I just enter the hours for hourly employees and any special pay like Overtime or Vacation. Then I look at the paycheck calculation summary in the Approve Paychecks section. If the amounts are right, I click the Approve button.

Best of all, I have four ways to pay my employees: Direct Deposit to a Bank of America account, Direct Deposit to a bank other than Bank of America, computer printed paychecks or handwritten paychecks and printed pay stubs.

My employees can also view and print their pay stubs online through a secure employee website, making paydays entirely paperless. I like that.

We all have to pay taxes, including payroll tax. But the good news is that Intuit® Online Payroll makes it easy and worry-free with email reminders.

Intuit® Online Payroll automatically fills out my business federal tax forms, saving me hours of time and hassle. And I can review details anytime and print paper copies for my files. I just click Submit to file electronically and I'm done.

Year-end W-2 forms used to be a lot of work. But not anymore. Intuit® Online Payroll creates W-2s for all my employees and I can print them and hand them out. And just like my other federal tax forms, Intuit® Online Payroll files my W-2s electronically with the Social Security Administration.

I can also use Intuit® Online Payroll to prepare 1099 miscellaneous forms for all my independent contractors. I just print forms and hand them out to my contractors at year-end.

Paying taxes on time can be a real headache. But with Intuit® Online Payroll, I'll never miss a deadline again.

Now I get an email reminder and a To Do list item that tells me when it's time to pay taxes. And Intuit® Online Payroll tells me exactly how much I owe and lets me pay my federal taxes from my Payroll account.

I just click Approve Payment and I'm done. The funds are transmitted from my bank account to the IRS. So there's no need for federal payment coupons, trips to the bank or mailing a payment. Plus, I get to hold on to my money until the tax payment is due.

Running reports can be really helpful. And once again, Intuit® Online Payroll makes it simple.

When I want to run a report, Intuit® Online Payroll is there with real-time employee and company information. Now I can view details for individual employees or for my whole company whenever I want.

And when I need a Tax Liability Report, I pick any date range and drill down to see the details behind the numbers. The reports are easy to read and can be exported to Microsoft® Excel with the click of a button.

Another way I can save time? I use simple integration with programs like QuickBooks®. Every time I run a payroll or make a tax payment, I can export the information to my accounting software using the link provided.

Surfing is about getting away from it all for a few hours. And that's what my business is about, too. Making life a little easier. That's why I chose a bank I can trust to help me do just that.

Voiceover: To use Intuit® Online Payroll, a Bank of America small business checking account and enrollment in Small Business Online Banking is required. If you have both, you can enroll with Intuit® online in a few easy steps.

To enroll, follow 3 easy steps

1. Sign into Small Business Online Banking
2. Select Intuit® Online Payroll and click "sign up now"
3. Complete enrollment with Intuit® and you're ready to set up payroll

Or call 866.543.2808, Monday-Friday, 8am-10pm ET

Special offers may now be available.

QuickBooks, Intuit® and the Intuit® logo are registered trademarks of Intuit®, Inc. used under license. Bank of America and the Bank of America logo are registered trademarks of Bank of America Corporation. All other trademarks are the property of their respective owners.

Bank of America, N.A. Members FDIC. © Bank of America Corporation.

Intuit® Online Payroll is a product of Intuit Inc., which offers 2 self-service levels, Basic and Enhanced. Basic supports direct deposit.  Enhanced service provides state and multi-state tax service and supports direct deposit.  You must have an open Bank of America business checking account to be eligible to access the Intuit Payroll Service from Bank of America Online Banking.  The maximum number of active employees (including contractors only for Enhanced) being paid cannot exceed 150.

Monthly fees: Basic service is $20 per month and Enhanced service is $36 per month. Additional multi-state payroll processing fees ($12 per state per month) will apply for every state in which you have employees or contractors other than your primary business state location.

Intuit guarantees the accuracy of its payroll calculations, based on the information you provide and subject to the terms of your agreement with Intuit. If Intuit causes a calculation error, Intuit will pay the tax penalty incurred as a result of a calculation error.

Intuit® Online Payroll is a product of Intuit Inc. You must go to the Intuit website to enroll in and use the product. Bank of America is not responsible for the product or the performance of Intuit Inc. Intuit and the Intuit logo are registered trademarks of Intuit Inc., used under license.

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Bank of America, N.A. Member FDIC. © Bank of America Corporation
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Every business is different. That's why Bank of America offers checking solutions that are tailored to fit your unique business needs.

Pricing and product details

Small Business Online Banking is simple and secure. And when you enroll, you'll have access to additional cash management tools.

Terms and Conditions

Do-it-yourself kind of business owner? Choose Intuit® Online Payroll. Too busy for paperwork? Intuit Full Service Payroll® is for you. See both options for yourself.

Pricing and product details

With Intuit Full Service Payroll®, the experts do it all for you. You just enter the hours. And they make payroll tax payments and file your payroll taxes for you.

Pricing and product details

Bank of America and the Bank of America logo are registered trademarks of Bank of America Corporation. Mastercard is a registered trademark of Mastercard International Incorporated, and is used by the issuer pursuant to license.

Merrill Edge is available through Merrill Lynch, Pierce, Fenner, & Smith Incorporated (MLPF&S), and consists of the Merrill Edge Advisory Center (investment guidance) and self-directed online investing.

Investment Products:
Are Not FDIC Insured Are Not Bank Guaranteed May Lose Value

MLPF&S is a registered broker-dealer, Member Securities Investor Protection Corporation (SIPC) and a wholly owned subsidiary of Bank of America Corporation.
Investing in securities involves risks, and there is always the potential of losing money when you invest in securities.

Banking products are provided by Bank of America, N.A. and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation. Credit cards are issued and administered by Bank of America, N.A.

Business Advantage Relationship Rewards (the program) is only available to Small Business, Merrill Lynch® Small Business, and U.S. Trust® Small Business clients. Other categories of clients, such as those commonly referred to as Business Banking, Global Commercial Banking, Global Corporate Investment Banking, or Institutional clients are not eligible to participate in the program. Subject to certain exceptions, eligible business checking accounts generally are any Small Business checking account and the following Analyzed checking accounts: Full Analysis Business Checking or Analyzed Business Interest Checking. Clients in the eligible business categories may enroll in the program if you have an active, eligible Bank of America business checking account, and maintain a combined balance in your qualifying Bank of America® business deposit accounts and/or your qualifying Merrill Edge® and/or Merrill Lynch® business investment accounts of at least $20,000 for the Gold tier, $50,000 for the Platinum tier, or $100,000 for the Platinum Honors tier. The combined balance is calculated based on your average daily balance for a three calendar month period. U.S. Trust® Small Business clients are automatically enrolled in the program at the Platinum Honors tier as long as you maintain your U.S. Trust relationship. Certain benefits may be available without enrolling in the program if you satisfy balance and other requirements. Program benefits subject to change.

© Banc of America Merchant Services, LLC. All rights reserved. All trademarks, service marks and trade names referenced in this material are the property of and licensed by their respective owners. Merchant Services are provided by Bank of America, N.A. and its representative Banc of America Merchant Services, LLC. Banc of America Merchant Services, LLC is not a bank, does not offer bank deposits, and its services are not guaranteed or insured by the FDIC or any other governmental agency.

QuickBooks, Intuit and the Intuit logo are registered trademarks of Intuit Inc., used under license. Bank of America and the Bank of America logo, Merrill Edge, and Merrill Edge Financial Solutions Advisor are registered trademarks of Bank of America Corporation. All other trademarks are property of their respective owners.

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