Skip to main content
Jan 8, 2025 4:22 PM UTC
Question

New Payroll tax holding rules.

How much are we getting in return from QB's for holding the payroll tax liability in a short term high interest yielding account?

2 replies

BigRedConsulting
Jan 8, 2025 4:36 PM UTC

Nothing at all.

Rainflurry
Jan 8, 2025 6:49 PM UTC

@BFS_Inc 

 

To be fair, I think this is the norm with 3rd party payroll providers like Gusto, ADP, Paychex, etc.