PayCycle Launch New Payday Service

PayCycle Payday is ideal for employers who want to want to stay in control of paydays, but prefer to use an accountant or bookkeeper for tax payments and filings. Providing 100% guaranteed, instant paycheck calculations, including federal, state and local taxes, the service enables employers to print paychecks directly from their printer, on pre-printed or blank check stock. For those who prefer to hand-write paychecks, PayCycle Payday prints professional paystubs on blank printer paper. It also includes reports that can be used to complete payroll tax payments and filings. The launch of PayCycle Payday coincides with National Payroll Week (September 6-10, 2004). Founded by the American Payroll Association, National Payroll Week celebrates Americas 140 million wage earners. According to a 2003 NFO Small Business Panel Study, nearly half (47%) of the 5.1 million U.S. small business employers handle payroll themselves today, using pen and paper, spreadsheets or software. After the free period, PayCycle Payday costs $9.99 per month for up to 5 employees, and $0.99 per month for each additional employee.