Category Archives: Payroll Tax
Reporting Payroll Taxes
All employers must pay a payroll tax, either on their own after purchasing IRS-approved software, or with the help of a tax professional. Failing to fulfill this obligation can have significant repercussions, including the accrual of fines and fees, making it especially important for business owners to have a thorough grasp of their tax-related… Read More »
Complying with Your Payroll Tax Obligations
Small business owners have a number of options when it comes to the methods they use to meet their tax obligations. The Electronic Federal Tax Payment System (EFTPS), however, has proven to be especially popular among small business owners, as it is equipped with features that can help employers in preparing and submitting their… Read More »