Payroll Quarterly Report – 2nd Quarter Ends 06/30/20
Itβs that time again. JUNE 30th is upon us. Please make sure to report any bonus payrolls not paid through payroll.
Quarterly Reports or 941 Form and your state unemployment returns for Alaska is TOQ10 Alaska ESC. These forms are a reconciliation of your gross payroll wages paid and tax calculations LESS any federal taxes 941, Social Security and Medicare and state employment security tax paid. The reports close out on the quarter and are due by the end of the following month. Quarters End March 31, June 30, Sep 30, Dec 31. Due Jan 31, April 30, July 31, Oct 31.
If you have paid any wages, tips or bonuses outside of your payroll system, they need to be reported on your payroll and the appropriate payroll taxes calculated and submitted.
If you need help preparing your quarterlies or need a payrolls system, please give us a call or stop by our office for a visit 907-222-4613.