FreeAdvice has a new Terms of Service and Privacy Policy, effective May 25, 2018. By continuing to use this site, you are consenting to our Terms of Service and use of cookies.
My main curiosity has to do with interest. If they implement this procedure at several businesses with a dozen or more employees each. Depositing these excess witholdings in a high yield account in order to accrue interest . They would be using money that should have been in my pocket as capital...
My former employer in Colorado, USA uses a payroll method ive never heard of. Every week they cut hand written checks that are considered to be advancements for hrs worked minus 20% "estimated" tax withholding. The excess funds are held until the end of the month when their cpa does the actual...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
