QuickBooks Online For Dummies, 8th Edition

Chapter 8

Paying Employees and Contractors

IN THIS CHAPTER

Looking at the employee payroll process and starting up QuickBooks Payroll

Understanding how to prepare payroll

Knowing how to manage payroll taxes

Being sure to pay contractors correctly

As an employer, you have a responsibility to pay both your employees and any contractors who work for you. In this chapter, I explore both responsibilities. Running payroll is more than just issuing paychecks to your employees. After you’ve prepared paychecks, you need to remit amounts withheld for deductions and benefits to the appropriate parties. QuickBooks Payroll handles the tax deposits and files payroll tax returns with the appropriate taxing authorities for you.

In the past, QuickBooks Online users could prepare payroll in one of two ways: using QuickBooks with Self Service Payroll or using QuickBooks with Full Service Payroll. Intuit has revised its offerings to blur the lines between these two methods. All QuickBooks Payroll plans now offer automated tax deposits and tax forms. Initially you could not opt out of the automatic filings ...