Yes, Intuit Small Business Payroll is capable of handling tax calculations and deductions with accuracy and efficiency. Our payroll software automatically calculates federal, state, and local taxes based on the information provided by your employees and the latest tax regulations. Additionally, we can integrate seamlessly with popular accounting software, such as QuickBooks, to ensure that tax calculations are synchronized and accurate across all systems. Our payroll solution also takes care of deductions, including benefits, retirement plans, and other relevant withholdings. By utilizing our software, you can simplify the payroll process, reduce errors, and ensure compliance with tax laws, allowing you to focus more on your business’s growth and success.

Answered May 3, 2024