Welcome Guest. Register Now!  



Find a tax professional cpa near you

View Single Post
  #1 (permalink)  
Old 01-23-2007, 01:41 PM
Tertard Tertard is offline
Junior Member
 
Join Date: Jan 2007
Posts: 11
Can I take a payroll from my Self Employed Business

I have a sole proprietership business. Since I was late in paying my estimated taxes can I go on payroll and have the payroll company withhold what I think my tax liability is?

At least this way I can avoid paying late payment penalties and interest!
Reply With Quote
 
Follow us on Twitter
» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 
Forum for CPAs
 
Financial Planning