What is tax impounding and how do I benefit?
Tax impounding is used by the payroll service bureau to impound the payroll taxes from the employers account each pay date. Then, PRO-PAY will pay the taxes electronically to the appropriate government agency using the ACH Credit method. This relieves the employer from the responsibility of having to make the tax payment and the reduces or eliminates the risk of tax penalties. This feature is available for making both federal & state tax payments.
