Payroll

Discussion in 'Business Operations' started by CWilliams, Apr 19, 2005.

  1. CWilliams

    CWilliams LawnSite Member
    Posts: 60

    A friend of ours will be cutting some lawns for us next week. He will be our first "employee." Do you all deposit your employee's social security, medicare, and other taxes into a seperate bank account for payment to Uncle Sam at a later date?

    Thanks.
     
  2. Equipguy

    Equipguy LawnSite Senior Member
    Posts: 370

    No we put it in our regular checking account and make the deposit when required. You can go to the IRS web site for tons of info on how and when to pay your employee taxes.
     

Share This Page