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Chapter 21. QuickBooks and Payroll Taxes > Creating Checks to Pay Your Taxes

Creating Checks to Pay Your Taxes

Regarding federal taxes, when you obtain your Employer ID number, you also receive a booklet of coupons that will accompany your tax payments. If you do not receive such a coupon book, contact your nearest IRS office and they will be happy to supply you with what you need. The taxes that you pay are the amounts you’ve collected from employees’ paychecks for various federal taxes, and these amounts need to be turned over to the taxing authorities regularly. The frequency with which you submit your payments is determined by the amount of taxes you withhold. Contact the IRS if you have questions about your company’s role in collecting and paying employment taxes. Including the tax coupons with your payment ensures that you will receive credit for your payment.

To pay all tax-related liabilities that have been set up as payroll items (see Chapter 20), click the Employee Navigator, and then select the Pay Liabilities icon. You will be asked to select a time period, and then you will see the Pay Liabilities dialog box (see Figure 21.3).


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