What is "Direct Deposit" Officer Payroll?

"Direct Deposit" is an automatic transfer of Employee net pay from an Employer's bank account to an Employee's personal bank account.

Direct Deposit Payroll means that Gusto make 2 debits every month:

1- Combined Employee + Employer Payroll Taxes
(these taxes are held and submitted to taxing agencies on your business's behalf)

2- Employee's net take-home pay
( this is automatically transferred to the employee's personal bank account)

As an Owner/Employee, if you choose Direct Deposit Payroll, it may assist in lessening some of your manual Owner Draws/Distributions.

At Singletrack, we also offer the ability to manage your S-Corp Owner/Officer by paying payroll "Taxes Only" every month on the 15th...

Whether you choose Direct Deposit, or you choose to debit "Taxes Only" , YOU are in complete control. This choice is merely a personal preference. 

If you want to enter (or remove) your Direct Deposit, log into your Gusto Payroll Employee profile at https://app.gusto.com/login

Officer's Salary Amount - we will always give you our recommended minimum salary amount which fully optimizes your self-employment tax savings. 

REMEMBER : you must always make payroll tax payments every month, this cannot be avoided.
Again this is the trade off for the big s-corp owner tax savings.
You should always have overdraft protection for your business operating account. Bank NSF fees + IRS/State penalties + software NSF fees can be steep

See also What is "Taxes Only" Officer Payroll?
See also What is Self Employment Tax?
See also Can you explain how payroll taxes work?
See also Where can I find Employee W-2s and Paystubs?