Tuesday, September 28, 2010

NOTE IF YOU HAVE EMPLOYEES

Beginning in 2011, the U.S. Department of the Treasury is eliminating paper Form 8109 federal tax coupons, which means you will have to deposit them electronically. Failure to make payments using EFTPS online could result in a 10 percent failure-to-deposit penalty.

If you are doing your own payroll, we can help. Contact Amanda Haumont ahaumont@kopsaotte.com if you would like more information on our payroll services.