What taxes are paid and filed on the company’s behalf?

As part of our full-service payroll model, Paid pays and files all taxes directly related to payroll.

The most common taxes that we pay and file include:

• Federal Income Tax
• Employee and Employer Social Security
• Employee and Employer Medicare
• Federal Unemployment
• State Income Tax (where applicable)
• State Unemployment Insurance
• Local or Jurisdictional Taxes (where applicable)

Quarterly Filings & Debits for Tax Amounts

Quarterly filings are due by the last day of the month following the quarter's end. We will submit/remit by this deadline and the quarterly filing package will be uploaded to the Document Center in Employer Profiles.

Typically there is no debit to the employer's bank account before quarterly filings are completed. This is because we debit for taxes at the time of each pay run throughout the quarter.

However, we do a quarterly reconciliation that can sometimes create debits/credits. For example, if an employer changes its SUI rate mid-quarter. In those situations, we will email the customer before we credit/debit their bank account.