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Brown Cafe UPS Forum
UPS Union Issues
Retro check overpaid
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<blockquote data-quote="Kae3106" data-source="post: 1340755" data-attributes="member: 27557"><p>Filing frequency is dependent on the size of the company's payroll and the jurisdiction's preference. So for a large company like UPS, taxes are deposited daily with the IRS. Some of the individual states and cities prefer the money a little less frequently. Also, there are many different UPS companies of various sizes which can have different deposit schedules from each other. </p><p></p><p>However, all of the filings/tax returns are done quarterly so if there was an overpayment in one week and a repayment in another, it will all net out on the quarterly return.</p></blockquote><p></p>
[QUOTE="Kae3106, post: 1340755, member: 27557"] Filing frequency is dependent on the size of the company's payroll and the jurisdiction's preference. So for a large company like UPS, taxes are deposited daily with the IRS. Some of the individual states and cities prefer the money a little less frequently. Also, there are many different UPS companies of various sizes which can have different deposit schedules from each other. However, all of the filings/tax returns are done quarterly so if there was an overpayment in one week and a repayment in another, it will all net out on the quarterly return. [/QUOTE]
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