SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Bid Buster who wrote (51584)12/27/2000 1:53:56 PM
From: yard_man  Read Replies (1) | Respond to of 436258
 
I know this -- I was saying this tongue-in-cheek --

What a tragedy? Clearly the man was deranged and given over to evil ... not the IRS's fault at all

But all the same I'd love to see the IRS dissolved (along with the Fed, of course). I think it is not good that employers have to collect personal income taxes for the state -- I think the founding fathers would be appalled if they were alive today seeing how easily it has come to operate the way it does today. JMO



To: Bid Buster who wrote (51584)12/27/2000 2:03:22 PM
From: flatsville  Read Replies (1) | Respond to of 436258
 
employers are on the honor system as they have up to 3 months to send in payroll taxes.

Nope. They have a quarterly filing requirement (Form 941) which is different from the deposit schedule requirement.

The deposit schedule for Trust Fund taxes (income tax withholding, SS, FICA) is determined by the amount collected and the date the payroll period ended. Only very small employers with dinky payrolls deposit on a quarterly basis.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News