TRAXPayroll
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Company Tax

Overview

  • Federal and State tax account numbers and rates used in payroll are kept in the Tax tab.
  • Account numbers, tax rates and pay frequencies are assigned to companies by the IRS and states.
  • This information needs to be updated by companies when it changes so taxes are filed and paid timely.

Company Tax

  1. Menu: Company>Tax
  2. Various tax types are available per state.
  3. Tax rates assigned to companies are used for calculating taxes.
  4. Tax rates and deposit frequencies can change over time.
  5. Companies are responsible for maintaining this data as it is assigned directly to them by the IRS and states.

What's Next

Related Links:

Employee Tax
Company Menu