Question 1

Does Franklin handle taxes?

Accepted Answer

Yes, Franklin handles federal, state, and local taxes for U.S. Employers. Taxes are automatically withheld from payroll and paid to the IRS.

Question 2

What currencies are supported by Franklin?

Accepted Answer

In addition to facilitating payments in USD by connecting to bank accounts, Franklin supports ERC20 tokens such as stablecoins and wrapped Bitcoin.

Question 3

Who can use Franklin?

Accepted Answer

Global organizations can use Franklin to pay their contractors. Companies incorporated inside the U.S. can use Franklin to pay their W2 employees & global contractors.

Question 4

Does Franklin have access to or custody funds?

Accepted Answer

No. Franklin does not have custody of your company or worker funds. Only your organization has access to your funds.

Question 5

Does Franklin support benefits?

Accepted Answer

Yes, Franklin makes it easy to manage benefits deductions, automatically deducting from payroll. Franklin also provides Health Insurance, Workers Comp, and 401(k) programs.

Question 6

Is it easy to migrate to Franklin if we already use another payroll provider?

Accepted Answer

Yes! Franklin makes migrating from old payroll providers easy. Sign up today and start accruing payroll in Franklin.

Question 7

We've never run payroll before, can you help?

Accepted Answer

Yes! Franklin's hands on support makes it easy to get started. We can even help you with Corporate Registrations.

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