What are the payroll debits I see coming out of my bank account?

We are running your S-Corp owner/officer payroll on autopilot, monthly on the 15th. There will always be a debit for your payroll on or around the 15th.

 

If you run payroll for your employees or contractors, Gusto Payroll will immediately debit those payments from your bank Account. 

 

See also How do payroll taxes work?

See also What is Tax Planning and why do I need it?
See also What is Self Employment Tax?
See also What is an S-Corporation?
See also Can S-Corp Owners' deduct medical premiums paid by their business?