Payroll Services for Marine Businesses & Yacht Owners
Simple. Compliant. On Time.
At McGregor Financial Services, we provide payroll solutions designed specifically for the marine industry. Whether you operate a boatyard, brokerage, or employ crew on a private yacht, our service ensures your employees and contractors are paid accurately, compliantly, and on time.
We understand the complexities of running payroll for W-2 staff, 1099 contractors, and international crew members. That’s why we offer a streamlined, hands-on payroll service that handles the essential tasks — so you don’t have to.
Who This Is For
-Yacht owners who directly employ crew members
-Captains or managers handling payroll on behalf of an owner
-Marine businesses with W-2 staff and/or 1099 contractors
-Business owners needing a simple, compliant payroll solution
What’s Included
W-2 and 1099 Payroll Processing
We process regular payroll for W-2 employees and 1099 contractors, ensuring accurate payments and the correct handling of tax withholdings, reimbursements, and custom payment schedules.
Federal and State Payroll Tax Filing
We handle all payroll-related tax filings, including Forms 941, 940, W-2s, and 1099s. We also ensure all federal and state requirements are met to keep your business compliant year-round.
ACH Payroll Payments
We can initiate ACH payroll payments directly from your business account to your crew or employee accounts, ensuring secure and timely compensation with minimal effort on your part.
Offshore Company Payroll Structuring
If you’re paying crew through an offshore structure, we can help you form the company and manage U.S. compliance obligations related to that setup. This includes coordinating tax reporting and legal structuring.
Year-End Reporting
We’ll provide accurate year-end documents for your workers and ensure timely filing with the IRS and relevant state agencies.
Ongoing Support
We work with you directly — no complicated software or dashboards. Just direct communication, clear reporting, and dependable execution.
Why Work with Us
-Marine industry payroll expertise
-Hands-on support — no portals or software to manage
-Offshore company setup available for yacht crew payments
-Full-service compliance with IRS and state tax agencies
-ACH payment processing for fast, secure delivery
