direct deposit question
09-16-2012 07:15 PM
I am going to be opening a business bank account soon after running my small business transactions out of my personal accounts last two years. I have two employees (who I have paid by cash for the last year) who will want to be paid direct deposit if possible. Can I do this with a business checking account or is that only if I set up with a payroll company?
I don't want to employ a payroll company but I do distribute 1099s at year end and pay my own business taxes.