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Depositing Withheld Taxes

November 2, 2011 by

Payroll Tax Deposit Rules Online payroll service, Futa tax and federal income tax withheld are discussed in the payroll articles below. Depositing Taxes In general, you must deposit federal income tax withheld and both the employer and Employee Social Security … Continue reading →

Tax Deposit Penalties

November 2, 2011 by

Penalties may apply if you do not make required deposits on time, if you make deposits for less than the required amount, or if you do not use EFTPS when required. The penalties do not apply if any failure to … Continue reading →

Payroll Direct Deposit

November 2, 2011 by

Payroll Direct Deposit is the electronic transfer of a payment from a company or organization into the checking or savings account of an employee, retiree, taxpayer, or shareholder. The payment can be divided among several different accounts and, in many … Continue reading →