QuickBooks 2013 For Dummies

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 (www.irs.gov) 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 ...