Accounting & Bookkeeping & Small Business Forum

Accounting, Bookkeeping, Marketing, and Small Business Resource
It is currently Fri Dec 14, 2018 10:45 am

All times are UTC - 7 hours




Post new topic Reply to topic  [ 10 posts ] 
Author Message
 Post subject: Payroll taxes?
PostPosted: Thu Jan 20, 2011 2:19 pm 
Offline
Junior Member

Joined: Thu Jan 20, 2011 2:12 pm
Posts: 4
Hello all,

I could use some help on a payroll taxes question. I know little to nothing about payroll taxes, so let's begin! I work in Minnesota and the company I work for is bases in North Carolina, very small company...I'm the only employee, besides the owner. So, to verify, I will have to pay Minnesota Income tax on my paychecks...not North Carolina Income tax...Correct?

Point me in the right direction if I'm way off here : )

Thanks so much!


Top
 Profile  
 
 Post subject: Re: Payroll taxes?
PostPosted: Thu Jan 20, 2011 9:37 pm 
Offline
Qualified Contributor

Joined: Thu May 21, 2009 8:55 am
Posts: 695
You are correct. You are taxed where you earn it and you earned it in Minnesota.


Top
 Profile  
 
 Post subject: Re: Payroll taxes?
PostPosted: Wed Jan 26, 2011 1:03 am 
Offline
Junior Member

Joined: Thu Jan 20, 2011 2:12 pm
Posts: 4
Okay, but the company doesn't have an office in MN, I work out of my home. I assume this doesn't matter...?

Thanks!


Top
 Profile  
 
 Post subject: Re: Payroll taxes?
PostPosted: Wed Jan 26, 2011 7:59 am 
Offline
Qualified Contributor

Joined: Thu May 21, 2009 8:55 am
Posts: 695
You need to read this case:

Panos v. Timco Engine Center, Inc., __ N.C. App. __, 677 S.E.2d 868 (2009)

You might be in a pickle if you ever want to file unemployment.

As to withholding taxes, it appears that NC Withholding should only be withheld on income actually earned in NC while performing services there. Your tax home is MN even though you probably report to NC headquarters regularly.

To be on safe side, suggest you call NC Department of Revenue.


Top
 Profile  
 
 Post subject: Re: Payroll taxes?
PostPosted: Sun Feb 06, 2011 11:30 pm 
Offline
Junior Member

Joined: Thu Jan 20, 2011 2:12 pm
Posts: 4
And for the company I work for to withhold and pay MN state income taxes they need to have a Minnesota State Tax ID#...correct?


Top
 Profile  
 
 Post subject: Monily Bookkeeping
PostPosted: Mon Nov 13, 2017 7:10 am 
Offline
Qualified Contributor

Joined: Wed Oct 04, 2017 11:55 am
Posts: 477
Monily started as a simple bookkeeping processing organization. However, in time, it acquired professional expertise and expanded business operations bringing more effective talents onboard.
Organize your finance books


Top
 Profile  
 
 Post subject: Re: Payroll taxes?
PostPosted: Sun Apr 22, 2018 11:33 pm 
Offline
Junior Member

Joined: Sat Apr 21, 2018 11:39 pm
Posts: 8
Hi,
Yes, you need to pay there where your office is located or company is registered.


Top
 Profile  
 
 Post subject: Re: Payroll taxes?
PostPosted: Tue May 01, 2018 5:26 am 
Offline
Junior Member

Joined: Mon Mar 26, 2018 4:39 am
Posts: 4
Location: United Kingdom
Hey,

You need to pay on that location where company has been registered.

-Cheryl


Top
 Profile  
 
 Post subject: Re: Payroll taxes?
PostPosted: Fri Jun 22, 2018 10:50 pm 
Offline
Junior Member

Joined: Thu May 31, 2018 11:29 pm
Posts: 8
hi. Payroll taxes are taxes imposed on employers are usually calculated as a percentage of the salaries that employers pay their staff. Payroll taxes generally fall into two categories. deductions from an employee's wages, and taxes paid by the employer based on the employee's wages.
ISO 14001 Certification in Qatar


Top
 Profile  
 
 Post subject: Re: Payroll taxes?
PostPosted: Tue Oct 09, 2018 12:48 am 
Offline
Junior Member
User avatar

Joined: Mon Sep 24, 2018 3:07 am
Posts: 25
Hi littleddy,
Thank you much for post.

Payroll Taxes

Whether you are starting a new business, an existing employer, or a household employer, our goal is to help you find the resources and information that you need to succeed. For the latest news, visit Payroll Tax News, the California Employer Newsletter, and subscribe to the EDD’s e-mail subscription services. Our business is your success.

[url]Employment tax[/url] returns, wage reports, and payroll tax deposits are required to be submitted electronically as of January 1, 2018. For more information, visit E-file and E-pay Mandate for Employers.

The following forms are no longer available online:

Quarterly Contribution Return, and Report of Wages (DE 9)
Employer of Household Worker(s) Annual Payroll Tax Return (DE 3HW)
Quarterly Contribution Return and Report of Wages (Continuation) (DE 9C)
Employer of Household Worker(s) Quarterly Report of Wages and Withholdings (DE 3BHW)

You want to be more infomration please visit : edd.ca.gov/payroll_taxes/


Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 10 posts ] 

All times are UTC - 7 hours


Who is online

Users browsing this forum: Bing [Bot] and 11 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum

Search for:
cron
Powered by phpBB® Forum Software © phpBB Group