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#2147066 - 09/21/17 05:50 PM Backup Withholding
Compliance??? Offline
Member
Joined: Sep 2013
Posts: 76
We are in need of assistance with backup withholding. We found out that this has slipped through the cracks upon one of our employees leaving the bank. Can someone tell us how often we submit payments? I assume we send funds to the IRS? Is there a certain form to submit with payment or is there a website?

Any help is greatly appreciated.

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Operations Compliance
#2147110 - 09/21/17 07:38 PM Re: Backup Withholding Compliance???
Sherlocked Offline
Member
Joined: Dec 2013
Posts: 82
221B Baker St.
eftps.gov and we do ours daily as needed, which I think is more often than required. Also there is an annual 945 report in January as of Dec 31.
_________________________
"I’m not a psychopath. I’m a high-functioning sociopath. Do your research.” -Sherlock

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#2147124 - 09/21/17 08:08 PM Re: Backup Withholding Sherlocked
Compliance??? Offline
Member
Joined: Sep 2013
Posts: 76
Thank you!

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