It depends. If your payroll liability is real low, you only need to pay and report once per year. But typically, you need to pay in your payroll tax at least each quarter. The higher your payroll tax liability, the more frequent your tax deposits have to be. Clear as mud? Whew…….that one was easy.
We help many clients with payroll compliance and bookkeeping. This helps them avoid those nasty penalty and interest letters that folks often get in the mail.