AboutShirley McAllister, CPP, PHR Expertise I can answer payroll questions, payroll tax questions, 401K questions. No stock option questions please and I have some knowledge of other pensions but am most familiar with the 401K pension.
I can answer U.S.and Canada payroll questions proficiently and have a good general knowledge of UK and South Africa and some knowledge of Australia and New Zealand Payroll procedures.
Please do not ask me homework questions I do not have time to answer them.
Experience 25 years with an international company in the Human Resources, Payroll and Payroll Tax areas.
Organizations SHRM, APA, I.O.M.A.
Publications I.O.M.A. and BNA
Education/Credentials P.H.R., C.P.P., Canadian Payroll Administrator, Successfully passed APA class on UK Payroll Administration.
Boise State University Human Resource Certification
Awards and Honors APA Hotline Citation of Merit for last 8 years.
Question Business has been pretty slow and we haven't been able to draw pay, how do I do payroll so taxes are paid but checks aren't cut until we have the money to draw pay? We use quick books and it doesn't give me any direction on how
to do this.
Answer Are you a sole proprietor or the member of a partnership? This is difficult to answer without knowing what type of business you are in.
If you are a company with employees it is illegal not to pay them.
If you are a sole proprietor or member of a partnership and take draws instead of wages than you pay the taxes at the end of the year from a 1099 form.
You never pay taxes on payroll which you have not paid. Taxes are not due until the money is received by the employee.
When you pay payroll taxes that amount goes on the W-2 for the employee. If you pay taxes and no wages than the employee taxes are paid on wages that do not exist. This is not legal to do. Your W-2 forms and your 941 forms must match the amount of wages paid which must balance with the taxes withheld. On the 941 the dates the amounts are due must be in sync with when the amounts are paid.
It could be done, but you do not want to do it.
Explain more about your company and maybe I can help further.
