A key responsibility of being an employer is handling payroll taxes. These are comprised of figuring income tax withholding from employees’ paychecks (federal and, where ...

NOTE: The due dates have been updated since the original publishing date. The April 15 due date for individuals and corporations is now July 15, ...

The tax law is not static. Since the publication of this book, Congress has enacted a massive spending measure—the Further Consolidated Appropriations Act, 2020. Part ...

When you’re in business, you kind of assume that all of your expenses are fully deductible. But this assumption is wrong. The tax law imposes ...

The number of self-employed individuals is growing substantially. FreshBooks’ Women in the Independent Workforce, 2nd annual report says that between 10 and 12 million women ...

The massive spending measure (December tax package), Further Consolidated Appropriations Act, 2020 (H.R. 1865), which was signed into law on December 20, 2019, makes an ...

To paraphrase Bob Dylan, the rules are a-changin’ and businesses should prepare for new government rules and regulations. Here are some things to look for ...

The 2020 Edition Book Review For more than 25 years, I’m proud to say my tax book for small businesses has been the go-to guide ...

Halloween is a time for children to enjoy haunted houses, ghosts, and goblins. This is fun.  But there are some things left to adults that can ...

Self-employed individuals Self-employed individuals are sole proprietors, independent contractors, partners, and members of limited liability companies. They’re business owners. They’re not employees, they don’t receive ...