Payroll News

Payroll Week: July 5 to 11

July 2, 2020, 9:36 PM

Paying federal employment taxes and filing reports to the Internal Revenue Service are among the many duties of payroll professionals.

The following are employer responsibilities regarding payroll compliance for the next week:

Monday, July 6: Semiweekly depositors (delayed deposit deadline because of legal holiday)—Deposit Social Security, Medicare, and federal income taxes withheld from payments that were made during the span of Saturday, June 27, to Tuesday, June 30 (this is a delayed deposit deadline because Friday, July 3, is a legal holiday this year in observance of Independence Day, which for 2020 is on Saturday, July 4)

Wednesday, July...

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