* The Social Security Act was signed in 1935.

* Keep in mind that this was well before the computer era!

* All records were maintained manually.

* The start of Social Security payroll reporting in January 1937 required the issuance of social security numbers to 26 million American workers.

* It required the assignment of 3.5 million Employer Identification numbers.

* The centralized record keeping system included a Visible Index that listed the name and number of every covered employee.

* The index listing took up 24,000 square feet of floor space.

* The weight of the paper alone was so heavy and so massive that no building in Washington had floors sturdy enough to hold it, so the records had to be housed in an old Coca-Cola factory in Baltimore.

* Thousands of fresh recruits flowed into Baltimore from all over the nation to assist in the establishment of payroll records.

* It was described in news accounts as the largest bookkeeping operation in the history of the world.

Payroll

Paying your employees and tracking their withholdings is one of the biggest tasks for any small business. The day-to-day hassle of checking time sheets, calculating federal and state income tax withholdings, figuring Social Security & Medicare deductions, complying with Unemployment Insurance laws, hourly wage regulation and quarterly reporting can be a daunting task for any employer.

At Cortland Bookkeeping & Tax Service we make sure your payroll services are taken care of, the right way, so you are free to run your organization and focus on being a success.

The following is a short list of the services we provide.

(http://www.irs.gov/publications/p15/index.html) – Federal Site
(http://www.tax.ny.gov/bus/) – State Site
 
Don’t get caught by un-expected fees!

We have been trusted in Cortland since 1976.



32 Tompkins Street
Cortland, NY 13045-2541
(607) 756-5691
info@Cortlandbookkeeping.com
©2011 Cortland Bookkeeping & Tax Service

Development by GNC