Case Study: CATRES avoids tax penalties and saves money with ADP

CATRES - Customer Case Study

CATRES, Inc., run by married Coldwell Banker brokers Anthony and Carmen Rodriguez in Chicago, faced growing pain as their tiny real estate firm struggled with erratic income, missed filings and costly tax penalties while they focused on clients instead of back-office work. Their new CPA recommended forming an S Corporation and using a payroll provider to bring structure and compliance to the business.

They implemented RUN Powered by ADP, giving their CPA direct access, automating payroll and reporting, and letting them pay consistent salaries, estimate quarterly taxes, and contribute to a SEP IRA. ADP also streamlined PPP loan documentation and forgiveness filings; the couple were up and running in weeks, avoiding penalties, improving tax planning and already seeing savings.