My LLC hired three months ago a part-time employee, and this is the situation:
- Pay Rate: $2,000.00 / month
- Pay Schedule: Twice a Month
We're using Quickbooks to automatically send him the paychecks every 15 days. We could use it to pay the payroll taxes too, but our accountant decided to do it by himself.
CA PIT / SDI tax question:
I just discovered that our accountant is paying really different amounts of taxes on this payroll. Let me show you an example, this is the amount of taxes suggested by Quickbooks:
And this is the DE 88ALL paid to the EDD by our accountant. Please note that he paid two months at once because we were late.
Why are we paying the UI and ETT taxes, who's right, Quickbooks or our accountant?
Federal taxes question:
Quickbooks is constantly reminding us after every paycheck to pay these federal taxes:
However, our accountant told us to hold on, because this kind of payroll taxes need to be paid at the end of every quarter. Why Quickbooks is constantly reminding us to pay them now?