Employees and payroll
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Has there been any changes with the "redo" of Payroll that makes this process easier. Last year it took 3 attempts by the QBO Payroll helpline to get it right. I have only 2 owners that need to have this correction. Is there anything new?
I'm fixing the accounting of 2021 for a small company, only 2 employees, the owner and the asisstant. The payroll is paid through a third party HR company, this company is in charge of paying the Income taxes like FUTA, SUTA, and Work Com for both employees. The owner paid to the assistant 3 bonuses in different times of the year ( less than 1 million dollar overall) , They were paid with checks. The owner just gave the checks direcly to the employee and any withhold was done. Is my understanding that there is a flat rate of 22% that shoul have been applied based on IRS rules. I'm not sure how to fix this, should the HR company make the withhold from future paychecks of the assistant ? I'm not sure when this company has to pay taxes for the employee but I guess the ideal is that the withhold is done in 2021 so maybe the employee would have to give the all the money that was not withhold. Please help
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I'm fixing the accounting of 2021 for a small company, only 2 employees, the owner and the asisstant. The payroll is paid through a third party HR company, this company is in charge of paying the Income taxes like FUTA, SUTA, and Work Com for both employees. The owner( company) started to pay to the assistant a private medical insurance since last september. My two questions here are. Any withhold has to be made ? can the owner pay this without of the third party without problems or shoul be done through this company ?
Is 12/24/21 considered a QB holiday for payroll?
How many characters can I use for my Company Message on my paystubs?
I NEED TO CANCEL A SCHEDULED TAX PAYMENT
Hello. I have three deductions available in the employee setup payroll deduction dropdown list that I have never used (I mistakenly created them when I was first setting up QBO Payroll). Is there a way that I can remove these from the dropdown selection list? Thanks.
There appears to be significant error with the intuit 2021 tax filing software. Specifically, in the calculations of taxes paid, for example Medicare withheld, the program will not allow one to file electronically unless the amount reported to have been withheld equals the amount the intuit programs thinks one should have paid. This is particularly difficult for clergy who pay their own Medicare Tax on Housing, which is not subject to federal income tax, but the housing amount is reported on their W2. Bottom line is that the W2 asks for the amount withheld and not the amount that might be owed. And I discussed this issue, extensively, with Intuit technical folks and was told that the payroll software has been written the way it is and that is that. So, I would suggest caution!
I am trying to run a final payroll, I need to prorate their salary, allowance, and pay vacation?
I have not had good luck with "the community" to date. If someone could answer this promptly I would be grateful
Why hasn’t payroll been deposited into my employees accounts yet?
Does anyone have over 50 employees and are now required to comply with ACA reporting?
Hello,I've got an issue that I can't figure out. My partner and I both receive a W2 salary from our business. My partner requested a change to her 401K withholding so that she could max out by year end. I made the changes in QB but for whatever reason, the changes didn't take. As a result, she was paid her full amount without the extra being withheld for her 401K. But I had already sent the extra amount to our retirements accounts. So I called Intuit and they reversed the paycheck. Keep in mind, she has already received the full amount via direct deposit. They told me to then issue a manual check to her for the correct amount but NOT to send it to her. Then, I had her transfer the difference back to our business account. The end result SHOULD be that the books are now correct, the correct amount has been sent to her retirement account and she has been left with the correct net amount of cash. But I can't figure out where to categorize the amount she transferred bac
I am trying to balance out a payroll liability account for one of our benefits. The benefit company has issues a credit that covers the liability amount for the entire month, meaning we owed no payment and a payment was never processed. However, because of this there is no expense transaction that can be added to the liability account to show it has been covered/paid down. What manual adjustment do I need to add to be able to zero out the payroll liabilities account? Would this be a vendor credit memo? Any insight would help, thank you!
