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How to categorize payroll tax Penalty in QuickBooks online? I am using 3rd party payroll services.
There is absolutely no information about it on internet. I only see info if you are using QB payroll which I am not… please help!
RE: How to categorize payroll tax Penalty in QuickBooks online?... There is absolutely no information about it on internet.
Well, just because you didn't find it doesn't mean it's not on the internet. Everything is on the internet.
Tax penalties are expenses to the company. Probably best recorded as other expenses.
GAAP accounting for tax penalties
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