Tax Service Options - Full vs. Direct
ASAP offers two types of payroll tax services: Full Tax and Tax Direct.
Full Tax Services: Taxes are collected from your company account with each payroll as the liabilities are accrued. ASAP guarantees all payroll taxes will be paid on or prior to the due dates.
Tax Direct Services: Tax liabilities are accrued with each payroll, but remain in your bank account until the due dates. ASAP will initiate the payments on your behalf, but it is your responsibility to insure the funds are in your account to cover the liabilities in the future. ASAP still guarantees the accuracy of your payroll liabilities, but because we can't control your funds, we cannot guarantee our services to the same extent.
There are benefits and drawbacks to each type of payroll tax service. If you have more questions, please connect with your account manager to discuss each option.