News Flash – How will Christmas Day (Saturday, December 25, 2010) affect my payroll tax payments and direct deposit in QuickBooks Payroll
If your normal paycheck date is on 12/25/2010, you should:
- Change your paycheck date for your direct deposit employees to Friday, 12/24/10.
- Send your payroll by 5 PM Pacific Time on Wednesday, 12/22/10.
If your paycheck date is immediately before or after Christmas Day, consult the table that follows to find out when to send your payroll and when your account will be debited.
|If you date your paychecks for…||Send payroll by 5:00 PM Pacific Time on…||Your account will be debited on*…||Employees get paid on (Direct Deposit only)…|
|Friday, 12/24||Wednesday, 12/22||Thursday, 12/23||Friday 12/24|
|Saturday, 12/25||(see message above)|
|Monday, 12/27||Thursday, 12/23||Friday, 12/24||Monday, 12/27|
|Tuesday, 12/28||Friday, 12/24||Monday, 12/27||Tuesday, 12/28|
|Wednesday, 12/29||Monday, 12/27||Tuesday, 12/28||Wednesday, 12/29|
*Accounts are typically debited before regular banking hours, so you should make sure you have funds in your account to cover the payroll onthe day before the actual debit occurs.
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