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Intuit is changed how it handles automated taxes for QuickBooks Online Payroll customers. The change is being rolled out to new subscribes start this month and continuing through September 30.
QB will now withdraw taxes each time payroll is processed or when there is a change in what is owed. The current practice is to automatically withdraw the amount and pay payroll taxes when due.
The change will be implemented on October 1, for existing customers who employ their entire workforce in Arizona, California, Florida, Georgia, Illinois, Kansas, North Carolina, Nevada, Tennessee, Texas and Virginia. Customers in other states will be notified when the change will take place
Those affected will receive an email and a notification will also be posted in QuickBooks Online Payroll.
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards. Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that. A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind