Whether you’re an employee of your corporation or a self-employed individual, it’s likely that your tax bill for Social Security and Medicare taxes … Read more about Preparing for Social Security and Medicare Taxes for 2025
5 Things to Know About Transportation Fringe Benefits
With more employees returning to the workplace and the cost of commuting on the rise, employers should consider helping to alleviate the commuting … Read more about 5 Things to Know About Transportation Fringe Benefits
Employment Taxes: 4 Problems with Solutions
If your business has employees—including yourself—there are employment tax obligations imposed on the company (the “employer”) by the federal … Read more about Employment Taxes: 4 Problems with Solutions
Cutting Payroll Costs without Cutting Payroll
As a recession looms, companies should be thinking about ways to reduce their overhead. There may be no need to take action now, but being prepared to … Read more about Cutting Payroll Costs without Cutting Payroll
What To Do If You Fall Behind in Tax Deposits
If you are an employer, you are required to deposit your employment taxes on a regular schedule that’s dependent on the usual amount of the deposit. … Read more about What To Do If You Fall Behind in Tax Deposits
The Other Business Taxes: What You Need to Know
Taxes are a cost of doing business. Typically, the focus is on income taxes, but other business taxes deserve equal attention. Here are some issues … Read more about The Other Business Taxes: What You Need to Know
What to Do if You Can’t Pay Your Employment Taxes?
Cash is tight and you are in a quandary about whether to pay your quarterly employment taxes to the federal government or pay your supplier for … Read more about What to Do if You Can’t Pay Your Employment Taxes?
Worker Misclassification: How to Beat the IRS
One of the hottest issues with the IRS continues to be worker classification. Businesses may treat workers as independent contractors while the IRS … Read more about Worker Misclassification: How to Beat the IRS
Health Insurance Reimbursements: What You Can and Cannot Do
Since the advent of the Affordable Care Act, small businesses have scrambled to find ways to make sure their employees have health coverage. Many have … Read more about Health Insurance Reimbursements: What You Can and Cannot Do
Professional Employer Organizations: New IRS Certification Program
Follow @BarbaraWeltman So we all know that being an employer entails many tax and legal obligations. These include figuring and paying employment … Read more about Professional Employer Organizations: New IRS Certification Program
