Wednesday, June 4, 2008

Payroll Taxes Made Easy



Running your payroll is more than just paying employees. You have a lot to do and it is important to do it right so that you avoid paying any fees to the government. According to Payroll.com, "Use W-4s to calculate your employee's paychecks correctly. The IRS requires all new employees to fill out form W-4, which asks employees to state their marital status and how many tax allowances they will claim. Based on the number of allowances they claim, employers can determine the amount of federal income tax to withhold from the employee's paycheck."

Sounds complicated but really isn't when you use Payroll from the makers of QuickBooks.


2 comments:

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