Search found 3 matches

by dianeklove
Thu Jan 16, 2014 1:30 pm
Forum: Accounting
Topic: How to I account for a Taxable Benefit
Replies: 6
Views: 1970

Re: How to I account for a Taxable Benefit

Thank you! I think that has fixed the problem. :D
by dianeklove
Wed Jan 15, 2014 12:56 pm
Forum: Accounting
Topic: How to I account for a Taxable Benefit
Replies: 6
Views: 1970

Re: How to I account for a Taxable Benefit

If the Item Description for the taxable benefit has checks next to Social Security & Medicare, and you have the employer liability items for SS & Medicare assigned to the employee and you don't see the employee and employer amounts being equal when you look at the Pay Items in Maintain List of Empl...
by dianeklove
Wed Jan 15, 2014 10:37 am
Forum: Accounting
Topic: How to I account for a Taxable Benefit
Replies: 6
Views: 1970

Re: How to I account for a Taxable Benefit

I have a question about this as well. Two of our employees, who are not self-employed ministers, also receive life insurance resulting in a small amount needing to be taxed. When I set it up as a taxable benefit, the program deducted the tax amounts for the individuals taxes, but not the equal amoun...