Quote:
Originally posted by bilmore
Really? Ever just assume your employees' withholding funds got transferred, when they actually didn't?
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Well for a WITHHOLDING violation, sure. They really don't like those. But that's not so much a personal taxes issue.
Sebby/mmmm -- when you start up your businesses that will be so much better and more lucrative than the law, trust me and wanker on this, the IRS/SSA don't *really* care when you send in the withholding. It can wait until the end of the quarter if you are having cashflow problems. Ditto on amounts withheld from employees' paychecks that is supposed to go to the retirement plan -- the Dept of Labor and IRS really do understand that you needed that money to pay for business entertainment, and that you'll deposit it when you can.