I have closed my year end for payroll (2014). I haven't filed the year-end reports nor have I printed w-2's. I forgot that I needed to process a zero check (in/out check) for non cash auto fringes for 4 employees. I am going to post them as 12/31/14 but my question is about the taxes. Obviously the FICA taxes have to be held but now that that we are in January 2015 how will those taxes process? I still have time to make my tax deposits but how would you handle the taxes that the EMPLOYEE would owe? Obviously I cannot deduct them from his next 2015 check. Would the employer have to pay those taxes?
Any ideas, suggestions would be greatly appreciated as I am not quite sure where to go from here.
Thanks,
LS