Page 230 - Essentials of Payroll: Management and Accounting

Summary Payr oll Taxes and Remittances
Much of the information contained in this chapter is a summary of a
number of Internal Revenue Service’s publications.In particular,you may
want to download from www.irs.gov the following publications, which

contain additional information about payroll taxes and remittances:
• Publication 509,Tax Calendars. As the name implies, this pub-

lication lists the dates on which a variety of taxes are due
throughout the year. Of particular use for semiweekly depositors
is a table listing the due dates for deposit of taxes under the
semiweekly rule for all weeks of the current year.
• Publication 15, Employer’s Tax Guide. This manual itemizes
how to obtain an Employer Identification Number; defines
employees; and discusses wages, payroll periods, withholding
and depositing taxes, and a variety of other tax-related sub-
jects.
• Publication 15-A, Employer’s Supplemental Tax Guide. This
manual discusses the legal definition of an employee, special
types of wage compensation, sick pay reporting, pensions and
annuities, and alternative methods for calculating withholding.
• Publication 15-B, Employer’s Tax Guide to Fringe Benefits.
This publication covers a wide range of fringe benefit exclusion
rules, ranging from accident and health benefits to working
condition benefits. It also addresses fringe benefit valuation
rules, as well as rules for withholding, depositing, and report-
ing taxes.

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