Glencoe AccountingChapter 13:
Payroll Liabilities and Tax RecordsWorking in the Real WorldWhen it comes to payroll, you have likely heard acronyms like FICA, FUTA, FTD, and EFTPS. For interpretation, all roads point to the IRS site at www.irs.gov/businesses/small/article/0,,id=98818,00.html. Here you will find information on who should make deposits, as well as when and how they should be made. |