Processes biweekly payroll - records employee work hours; calculates employee earnings; calculates employee withholdings (i.e., state taxes, federal taxes, social security, retirement, and insurance); monitors year-to-date records of wages, deductions, taxes, and benefits; prepares and submits various reports related to wages, retirement, and benefits by the deadline. Reconcile and prepare state and federal tax payments; prepare and file state and federal payroll tax reports and returns; correct payroll journal entries as needed; monitor changes in tax laws as needed to ensure compliance with applicable laws.