Payroll taxes are complicated with federal and state regulations ever changing. With (Zabel Flex Pay) payroll tax service, calculating or depositing payroll taxes and file tax returns is a snap. Feel confident that your tax obligation filings are current and in expert hands with Zabel.
Manage your payroll tax obligations, including:
Federal Tax Liability
- Federal income tax
- Employee social security
As an employer, you must withhold and deposit to the IRS federal income tax, social security taxes, and Medicare taxes. Taxpay can make these payroll tax payments on a quarterly, monthly, semiweekly, or next-day basis depending on your tax liability. It also meets federal EFTPS requirements for employers who must make their payments electronically, and files Form 941 quarterly, or Form 944 annually, to reconcile taxes calculated versus taxes paid.
Federal Unemployment Taxes
The Federal Unemployment Tax Act (FUTA) established the employer tax that finances the federal unemployment program. Taxpay files Form 940, Employer's Annual Federal Unemployment (FUTA) Tax Return, to report taxable wages paid during the year and reconcile your quarterly FUTA tax deposits.
State and Local Income Taxes
Every employer that pays employee wages is required to withhold income taxes from each payment of taxable wages, if required by its state or local taxing agencies. (Zabel Flex Pay system) transfers applicable state and local taxes on the check date and deposits them by the due date.