Once you withhold payroll taxes, the clock starts: those funds must be deposited on schedule and reported on the right forms, or penalties accrue fast — and the IRS can hold owners personally liable through the Trust Fund Recovery Penalty. Marion Tax Service keeps every deposit and filing on time.
We make your federal tax deposits on the correct schedule, file the quarterly Form 941 and the annual Form 940 (FUTA), and handle New Jersey withholding filings — so the trust-fund risk simply never materializes.
What’s Included
Payroll-tax compliance covers deposits and returns at both levels:
- Federal tax deposits on your required (monthly or semiweekly) schedule
- Form 941 quarterly federal payroll-tax return
- Form 940 annual federal unemployment (FUTA) return
- New Jersey withholding deposits and returns
- Reconciliation of deposits to wages each quarter
- Year-end reconciliation tying 941s to W-2 totals
- Penalty-risk monitoring so deadlines are never missed
Who It’s For
Payroll-tax filing is required of every business with employees:
Businesses With Employees
Any employer responsible for depositing and reporting withholdings.
S-Corps Running Owner Salary
Corporations paying owner-employees who must file 941/940.
Businesses Behind on Filings
Employers who’ve missed deposits or returns and need to get current.
New Employers
First-time employers learning the deposit and filing schedule.
Why Marion Tax Service
Trust-fund penalties and personal liability make payroll-tax compliance one of the highest-stakes areas in small business. 50+ years of experience keeps your deposits and 941/940 filings impeccably on schedule.
If you’ve already fallen behind, we can get you current and address the balance through our IRS resolution work.
Related services: Payroll Processing SUTA Filings IRS Tax Resolution.