October 2023
You’re pretty smart to handle your own payroll, but shouldn’t you?
If a business is going to get into trouble, this is a big one. Big lesson #1: Once you run payroll the trustee taxes (withholding, FICA and Medicare) no longer belong to the business. If you don’t file the proper returns on time there are penalties. If you don’t turn over the trustee taxes on […]
3 mins read
