When employers pay their employees, they must remit payment for federal, state and, in some cases, local programs. Employees also pay a portion of the tax bill, but self-employed individuals must ...

Payroll processing is significant for the tax implications it has — for both you and your employees. Not only does your business have to pay payroll taxes, but as an employer, you’re also responsible ...

Tracking your company’s spending is essential for maintaining accurate financial records. One financial accounting method businesses use is the payroll journal entry. Payroll journal entries record ...

In the last six months we have seen a marked increase in the number of contractors who have required our assistance to resolve payroll tax issues with the IRS. All of these clients had one thing in ...

Lots of wage earners only file tax returns once a year. But small business owners, including the self-employed, have additional taxes to worry about–and possibly year round. While many wage earners ...

If you have business clients with employees in more than one state, they must pay careful attention to the payroll-related rules and tax responsibilities in the states where their staff members live ...

Business payroll management is a lot of work. You’ll need to understand federal, state, and local regulations surrounding business insurance, employee wages, employee pre- and post-tax deductions, tax ...

Your time is valuable, and so is doing things right. So get yourself a payroll service, bookkeeper, tax preparer and insurance broker–and keep multiple lawyers on speed dial. Your time is valuable, ...