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Old 01-12-2018, 12:31 PM
Westley Westley is offline
Join Date: Nov 2001
Posts: 26,216

Originally Posted by figure 8 View Post
It sounds like that rep is a good salesperson! Paying the IRS quarterly tax online is pretty easy though, especially after you've done it once (I can't speak about any state or local tax though). The tricky thing is that the quarterly dates are not true quarterly dates. 4-15, 6-15, 9-15, 1-15. As long as you have a reminder system in place, it shouldn't be a problem though.
Yup. Also, old rules were that you didn't have to pay the 1-15 quarterly payment if you filed by 1-31. Don't think that has changed, but check it out yourself if you're going to use that.
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Old 01-12-2018, 12:40 PM
tommie frazier tommie frazier is offline
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Originally Posted by Westley View Post
That's not the problem I'm asking about. He's being told he can pay $120 per month to solve a problem, but it's not obvious to me what that problem is.

Reading f8's post, maybe he addressed it, that makes sense. Yes, it can make sense to have multiple accounts (can do this at the same bank or different banks), and then you're moving from one to the other. Over and above having separate accounts to track things, what other problem do you have that ADP would solve?
the 120 wasn't a problem to me.

I was putting myself in the cheap actuary shoes. he's a one paycheck company with 3 things to track. he recoiled at the 120 per month for the 3 calcs. and maybe adp does more for it, I have no idea. But as described, I guessed the cost for the level of service and complexity were the issue to our local business owner.
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Old 01-12-2018, 12:43 PM
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GolfActuary GolfActuary is offline
Join Date: Jan 2018
College: Villanova
Posts: 1

Originally Posted by T-roy View Post
ADP wants to charge me $120 a month to pay myself. That seems excessive. They just keep my taxes and distribute my child support.

What else can I do? Add the service on Quicken maybe? Or just set upon my own excel sheet and be very careful

My business checking account allowed me to setup weekly recurring payments to my personal checking account. I use quickbooks & label transaction as "Owner's Pay & Personal Expenses."

Haven't hit 1st quarterly tax payment yet (2017 was breakeven) but plan to by 4/15 for Q1.
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