Online Payroll Leader PayCycle Announces Bigger Paychecks for Your Employees

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PayCycle Delivers New Stimulus Package Tax Reduction for Small Business Employees

With PayCycle there is no desktop software to update or tax tables to download; the new tax rates are seamlessly integrated as part of PayCycle's always available, online service.

PayCycle, America's #1 online payroll service, is delivering bigger paychecks to small business employees across the nation in response to the recently passed stimulus package, the American Recovery and Reinvestment Act of 2009. The new law reduces federal income tax for most employees, and that means bigger paychecks immediately for the majority of people paid through the PayCycle® system. With PayCycle, small business owners can easily create paychecks and conveniently deliver them via direct deposit or paper checks.

"This quick delivery of the new stimulus package paycheck tax reduction demonstrates the PayCycle commitment to easy, convenient and accurate payroll for small and growing businesses," said Jim Heeger, president and CEO of PayCycle, Inc. "With PayCycle there is no desktop software to update or tax tables to download; the new tax rates are seamlessly integrated as part of PayCycle's always available, online service."

There is no additional charge to existing customers and it requires no change to their service; paychecks are automatically calculated using the new stimulus package tax rates. New customers can sign up at http://www.paycycle.com and run paychecks the same day.

"Our goal at PayCycle is to make it simple and easy for any small business owner to handle payroll accurately. We update the service continuously to reflect important changes. We worked closely with the IRS to ease this transition for everyone. And, we are delighted to have the new lower tax rates available for PayCycle customers today," said Tina Korabiak, senior regulatory manager at PayCycle, Inc. "The 941 quarterly filing forms that are due just after the end of the first quarter will also be updated."

Online Payroll is Always Up-to-Date

Korabiak also noted that small business owners currently using desktop payroll software or spreadsheets to calculate payroll may want to take this opportunity to switch to an online payroll service like PayCycle.

"With desktop software the small business owner must first remember to download the new tax tables and forms, and then proceed with payroll. It's even harder when manually using paper tax tables and a spreadsheet," said Korabiak. "With PayCycle's reliable online service, the small business owner is assured of up-to-date information, making the process easier, more convenient and completely accurate."    

About PayCycle
PayCycle is America's #1 online payroll service, serving more than 75,000 small businesses. PayCycle provides an easy-to-use, innovative, efficient service for small businesses, backed by outstanding customer support. PayCycle also powers payroll services for leading financial institutions including Capital One and PNC Bank, and provides client payroll services through many of the nation's accounting professionals. The PayCycle® service integrates with leading accounting programs such as QuickBooks®, Quicken®, Peachtree® and Microsoft® Money. PayCycle's unique "Do-It-With-YouSM" (DIWYSM) technology platform guides customers through the entire payroll process from paycheck to W-2 forms. PayCycle also holds PC Magazine's highest editorial honor for small business payroll, the PC Magazine Editors' Choice Award. Visit http://www.paycycle.com for a free trial of the service.

Note: PayCycle is a registered trademark, and "Do-It-With-You" and "DIWY" are service marks of PayCycle, Inc. All other product names and trademarks are the property of their respective owners.

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Julie McHenry

Robert Blodgett
CRVisions Communications Inc. for PayCycle
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