Have Finance Questions? Ask a Financial Expert Online.
Did she actually give pay stubs and withhold taxes from the paychecks?
You should file the Q3 and Q4 941s, and the 2015 940 with the IRS, reflecting the amount due. Q4 and the 940 are due Monday.
You also need to issue W2s to all employees by Monday, and file with the SSA by 2/29 (if by paper) or 3/31 (if electronic).
Any state filings should be filed as well.
If you client cannot pay the balance, attempt to set up an installment agreement after the returns are processed.
What state are you in and how many employees?
I see. To efile the 941s and 940, you need to register. This would not happen before Monday so I would suggest you paper file. Likely the same with the W3/W2s. Below are links to the forms and instructions. You may want to pay a local tax pro to do it for you. I am not familiar with NC state payroll taxes, but am including a link below. Please let me know if this solves your question.
Here is a service that offers to efile the W2s
Hello, please rate to close out this request, this is also how I get paid. Thank you!