Payroll Tax Liability
C.A.C Financial Services of Payroll tax liabilities include the following:
- Making sure your federal, state, and local income taxes withheld from employees' wages, salaries, bonuses, etc. and reported to the appropriate tax authorities
- Submitting the Social Security and Medicare taxes that are withheld plus your company's matching of those taxes.
- Handling the state and federal unemployment taxes by applying the state's applicable rate for your company and the wages to which the rate applies.
- Avoiding payroll tax penalties by ensuring accurate and timely compliance is met with reporting the necessary quarterly and year-end tax forms
- Tax Deposit Services
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Payroll tax liability
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Tax Deposit Services