Overview: When using payroll services, there are additional fees that can occur outside of standard subscription fees. Below is a table that outlines and describes the different fees and when they are applied.
Service | Fee | Notes |
Funding of payroll via wire by employer | $25 | Fee accessed when an employer opts to wire funds. |
Fee for notification of change (employee or employer account) | $20 | Fee accessed when an admin or employee provides incorrect bank account information, and the bank is able to catch and correct it. |
Fee for failed employee account validation or payment | $20 | Fee accessed anytime we get a return from the bank due to an invalid employee account. (i.e. The bank telling us they couldn't find the account). |
Return fee for unsuccessful funds transfer from employer, inclusive of wire fees (per return) | $150 | Fee accessed for a failed payroll funding. |
Untimely tax filing where delay is due to no fault of Buddy Punch (per filing) | $250 | Please contact support@buddypunch.com if additional information is required. |
Tax returns filed for employers no longer using the service (per filing) | $250 | Fee accessed if payroll services are terminated before year-end yet require Buddy Punch to file year-end taxes. |
Amended tax returns (includes federal and applicable state returns) | $250 | Fee accessed if state or federal tax return amendment required. |
Attempted reversal of payment to employee (whether successful or not) | $60 | Fee accessed if payroll needs to be reversed or voided. |
W-2/1099 (electronic copy) | Free | No charge for electronic copies. |
W-2/1099 (printed & mailed)* | $4.99 per user | *Terminated users are required to receive a mailed copy. |
Next day pay fee | $3.00 per user, per payroll | Next day pay is only available in unique, extenuating cases. Please contact support@buddypunch.com for more information. |