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Answer: You pay your employee the net pay amount each pay period
and the payroll tax withholdings remain in your bank account. At the end of the
tax period, all the taxes you withheld from your employee—plus your employer taxes—need
to be remitted (paid). We calculate the appropriate amounts that need to go to the
federal and state tax agencies and provide you with advance notice of the amount
due and the collection date. All you need to do is make sure your account is adequately
funded on the collection date; we take responsibility for sending the correct amounts
to the proper tax agencies by their respective deadlines.
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all my year-end obligations?
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