Key steps in payroll processes include employee onboarding, collecting time and attendance data, calculating gross pay, determining deductions (taxes, benefits, etc.), and issuing payments. After payment, employers must file taxes, submit compliance reports, and maintain detailed payroll records. The process also involves year-end activities like preparing W-2 or 1099 forms. Ensuring accurate payroll requires coordination between HR, finance, and payroll departments. Automating with payroll software helps reduce errors, save time, and ensure timely employee payments and compliance with local and federal laws.

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