Doing Taxes the Right Way
One thing I need to mention: Even before you set up QuickBooks for payroll, at a minimum, you need a few other items if you want to do payroll the right way. (If you want to do payroll the wrong way, you’re reading the wrong book.)
A federal employer identification (EIN) number
An Electronic Federal Tax Payment System (EFTPS) account with the U.S. Treasury
A state employer ID number (if you withhold state income taxes)
An unemployment tax ID number
I-9 and W-4 tax forms
Getting an employer ID number
To get an employer ID number, you need to file an SS-4, Application for Employer Identification Number form, with the Internal Revenue Service (IRS). You can get this form at the IRS website (
) or by calling the IRS and asking for one.
You can also apply for and receive an employer identification number over the telephone. You still need to fill out the SS-4 form before you call, however, so that you can answer the questions that the IRS asks during the ...