QuickBooks new HORRIBLE payroll tax "feature"
For all of us that are all facing the same artificial liquidity crisis caused by Intuit's new "feature" forcing same day withdraws for taxes when payroll is run, Intuit’s response to me was that this is a 'voluntary' feature. As we know, migrating our entire financial history, payroll, and time-tracking is anything but simple, thus they are "holding us hostage"
For everyone wondering why they are killing the perfectly functional manual filing button: follow the money. Their own service agreement admits they hold the funds and no interest accrues to us. They are making a profit on our 'float' while we struggle with cash flow.
I have officially filed a BBB Complaint to dispute this forced seizure of our operating capital. If you feel that Intuit is overstepping by holding your tax funds weeks before they are due, I encourage you to do the same. A single complaint is a 'user error' to them; 100 complaints is a 'regulatory trend.' Let’s make sure the Office of the President hears us clearly.