Expert Payroll Adjustment Services

Payroll mistakes can create employee confusion, tax filing issues, and compliance risk. F.I.C. helps businesses review, correct, and document payroll adjustments with accuracy and professionalism. From missed wages and deduction errors to payroll tax form corrections and workers’ compensation audit support, our experienced financial team helps restore clean records and reliable payroll reporting.

Payroll adjustment documents and calculator

Our Payroll Adjustment Services

Accurate payroll support for corrections, reporting, compliance, and audit-ready payroll documentation.

Payroll Processing

F.I.C. helps businesses manage employee salaries, deductions, payroll taxes, compliance, and paycheck processing, with support for year-end forms including W-2s, 1099s, 940s, and 941s.

Tax Form Support

When payroll changes affect reporting, our team helps prepare accurate year-end and quarterly payroll forms so employee records and tax filings stay aligned.

Comp Audit Help

We assist with payroll records, classifications, and insurance documentation for workers’ compensation audits, helping businesses verify reporting accuracy and reduce audit confusion.

Payroll specialist reviewing adjustment reports

Our Payroll Adjustment Process

Review the Payroll Issue

We start by identifying the payroll issue, affected employees, pay periods, tax forms, and supporting records. This helps determine whether the matter involves wages, deductions, tax withholding, employee classification, or audit-related payroll reporting.

Reconcile Records and Reports

Calculate the Correct Adjustment

Document the Correction Clearly

Strengthen Future Payroll Controls

The F.I.C. Difference

Why Choose F.I.C.?

F.I.C. brings deep financial experience and coordinated support to payroll correction challenges.

Experience

Over 35 years of financial consulting experience supports accurate payroll corrections and stronger reporting.

Integrated Support

Payroll, bookkeeping, tax, insurance, and advisory services work together under one coordinated team.

Compliance Focus

F.I.C. helps businesses remain compliant with changing payroll, tax, and reporting requirements.

Personalized Care

Clients receive tailored guidance, not one-size-fits-all answers, for complex payroll and financial issues.

Meet The F.I.C. Team

Experienced financial professionals supporting accurate payroll decisions.

Portrait of Al Beheary, CEO of Financial Innovations Consulting

Al Beheary

CEO

Al Beheary serves as CEO of Financial Innovations Consulting (F.I.C.), bringing entrepreneurial vision and deep expertise in international and inter-state government accounting to the firm. With a strong background in investment strategy, Al works closely with individuals and companies to organize their finances, align their investment portfolios, and achieve their long-term financial and retirement goals. His leadership has guided F.I.C. through over 35 years of growth, expanding the firm from its Chicago roots to a multi-office organization with an international presence in Ireland and Egypt. Al's commitment to empowering clients with knowledge and personalized financial solutions remains at the core of everything F.I.C. does.

Portrait of Siobhan Kieran, COO of Financial Innovations Consulting

Siobhan Kieran

COO

Siobhan Kieran serves as Chief Operating Officer of Financial Innovations Consulting (F.I.C.), bringing extensive experience working with both individuals and large multinational corporations. As a seasoned risk manager, Siobhan specializes in identifying potential financial setbacks and equipping clients with the foresight and long-term safeguards needed for personal and professional success. Her expertise spans strategic planning, operational oversight, and risk mitigation, making her an invaluable resource for clients navigating complex financial landscapes. Siobhan's client-centric approach and commitment to delivering proactive, comprehensive financial strategies reflect F.I.C.'s core values of transparency, integrity, and excellence.

Portrait of Mary Kay, Administration and New Business Specialist at Financial Innovations Consulting

Mary Kay

Administration/New Business Specialist

Mary Kay serves as Administration and New Business Specialist at Financial Innovations Consulting (F.I.C.), playing a key role in welcoming new clients and ensuring seamless onboarding experiences. With a detail-oriented and client-focused approach, Mary Kay helps individuals, families, and business owners navigate the first steps of their financial journey with F.I.C. Her organizational expertise and dedication to exceptional service contribute to the firm's reputation for personalized, responsive client care. As part of F.I.C.'s experienced administrative team, Mary Kay helps uphold the firm's commitment to clarity, transparency, and making every client feel supported from day one.

Portrait of Thomas Sandhof, Administration and Retention Specialist at Financial Innovations Consulting

Thomas Sandhof

Administration/Retention Specialist

Thomas Sandhof serves as Administration and Retention Specialist at Financial Innovations Consulting (F.I.C.), focusing on nurturing long-term client relationships and ensuring ongoing satisfaction with the firm's services. Thomas plays a vital role in maintaining the trust and loyalty of F.I.C.'s diverse client base, which spans individual taxpayers, small business owners, and large corporations. His dedication to client retention reflects F.I.C.'s core belief that lasting financial partnerships are built on consistent communication, reliability, and personalized attention. Thomas works to ensure that every client continues to receive the high-quality financial guidance and support they expect from F.I.C.

Portrait of Aine Breen, Administrative Assistant at Financial Innovations Consulting

Aine Breen

Administrative Assistant

Aine Breen serves as Administrative Assistant at Financial Innovations Consulting (F.I.C.), providing essential support that keeps the firm's daily operations running smoothly and efficiently. Her organizational skills and commitment to excellent service ensure that clients, colleagues, and partners receive timely, professional assistance across all of F.I.C.'s service areas. Aine's contributions help maintain the high standards of accuracy and responsiveness that F.I.C. is known for across its Chicago headquarters and beyond. Her dedication to supporting both the team and the clients she interacts with reflects the firm's client-centric values and commitment to operational excellence.

Portrait of Matt McDowell, Marketing Specialist at Financial Innovations Consulting

Matt McDowell

Marketing

Matt McDowell serves as Marketing Specialist at Financial Innovations Consulting (F.I.C.), responsible for communicating the firm's comprehensive range of financial services to clients across Chicago, the United States, and internationally. Matt plays a key role in building F.I.C.'s brand presence and helping individuals, families, and business owners understand how the firm's expertise can address their unique financial needs. His work supports F.I.C.'s mission to be a trusted, accessible financial partner for a diverse clientele. Through targeted marketing strategies, Matt helps connect those facing complex financial challenges with the expert guidance F.I.C. has provided for over 35 years.

Portrait of Sara Peterson, Insurance Assistant at Financial Innovations Consulting

Sara Peterson

Insurance Assistant

Sara Peterson serves as Insurance Assistant at Financial Innovations Consulting (F.I.C.), supporting the firm's comprehensive insurance services for individuals, families, and businesses. Sara assists clients in navigating insurance options, policy details, and coverage solutions, ensuring they have the protection and clarity they need to make confident decisions. Her role is integral to F.I.C.'s one-stop financial services model, which combines accounting, tax, retirement planning, and insurance under one roof. Sara's attentive, client-focused approach helps ensure that every insurance client receives accurate information and responsive support, reflecting F.I.C.'s commitment to excellence and transparency.

Portrait of Cara Kennedy, Irish Logistics Specialist at Financial Innovations Consulting

Cara Kennedy

Irish Logistics

Cara Kennedy serves as Irish Logistics Specialist at Financial Innovations Consulting (F.I.C.), managing the firm's operational coordination from its international office in Drogheda, County Louth, Ireland. Cara plays a critical role in supporting F.I.C.'s international service delivery, helping bridge the firm's Chicago-based operations with its European clientele and partners. Her expertise in cross-border logistics ensures that clients in Ireland and beyond receive the same high standard of financial service that F.I.C. is known for across the United States. Cara's work reflects F.I.C.'s commitment to providing seamless, globally connected financial solutions for an increasingly international client base.

Frequently Asked Questions

What is the meaning of payroll adjustment?

A payroll adjustment is a correction made after payroll has been calculated or processed. It may address underpaid or overpaid wages, incorrect deductions, missed bonuses, benefit changes, tax withholding errors, or classification issues. Proper adjustments should be documented clearly, reflected in payroll records, and reconciled with tax filings or year-end forms when needed.

How long does an employer have to correct a payroll mistake?

What types of payroll mistakes can be adjusted?

Can payroll adjustments affect payroll tax filings?

What information is needed to correct payroll records?

How much do payroll adjustment services cost?

Do payroll adjustments help with workers’ compensation audits?

Can F.I.C. handle payroll adjustments remotely?

Still Have Payroll Questions?

Get clear answers before payroll errors become bigger problems.

Trusted Experience

Awards and Recognition

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35+ Years Experience

Over three decades of financial consulting expertise.

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International Presence

Multi-office support across domestic and global markets.

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Phoenix Foundation

Pro bono financial support for clients in hardship.

Get Payroll Adjustments Corrected

Tell us what changed, what period is affected, and which payroll reports need review. Our team will help you understand the next steps and documentation needed.

Contact Us Today

For immediate assistance, feel free to give us a direct call at (773) 202-9393. You can also send us a quick email at TAX@FICMN.COM.