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TAX FILING SCHEDULES
The following table illustrates the typical tax filing schedule that TruPay uses to process your company's Federal, state, and local taxes.
Each Payroll Period
- Calculate, withhold, and determine Federal, State, and Local tax due dates
- Perform regular Federal, state, and locality tax deposit payments either EFT (Electronic Funds Transfer) or via check drawn on our tax trust account.
- Prepare and submit either electronic or paper reports to the proper tax authority on your behalf as necessary.
- State and Local Income Tax Reports as required (usually monthly)
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Quarterly
- Federal Unemployment Tax payments
- Federal 941 Tax Returns
- Quarterly State Wage Reports
- State Unemployment Tax Reports
- State and Local Income Tax Reports as required
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Annually
- Federal 940 Unemployment Tax Returns
- Year-end W-2s and 1099s
- Annual State and Local Withholding Reconciliation Reports
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