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Re: 145k at the open

By: nxtflatpanel in ALEA | Recommend this post (0)
Fri, 15 Jun 12 7:55 PM | 101 view(s)
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Msg. 08466 of 54959
(This msg. is a reply to 08464 by tkc)

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That's only if you do payroll directly. If your payroll is outsourced, as most companies do, then you pay your payroll processor on a different schedule and have escrow requirements.




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The above is a reply to the following message:
Re: 145k at the open
By: tkc
in ALEA
Fri, 15 Jun 12 6:58 PM
Msg. 08464 of 54959

Hi CF, unless things have changed, payroll taxes are are expensed and a reserve established. Paid quarterly (15 or 30 days after Q closes I think).


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