Payroll Taxes: Something You Need to Know

It is your responsibility as an employer is to collect, pay, and report payroll taxes as required by federal and state laws. If you are a corporate officer or other “responsible party,” you may be personally liable for payroll taxes not deposited or reported as required. Even if you use a payroll service or someone else to do your payroll work, including reports and deposits, this does not relieve you as an employer of the responsibility to pay all taxes correctly and file payroll tax return on a timely basis.

 » Read more about: Payroll Taxes: Something You Need to Know  »