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Employer Payroll Tax Obligations When Employees Work Out-Of-State

Anders CPA

This changing employment landscape requires employers to reassess their payroll tax withholding processes to ensure you are withholding the proper amount of state, local and unemployment taxes from your employees’ wages. Below we dive into the state and unemployment tax responsibilities employers need to know.

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How Layoffs Affect Your Tech Company’s Books and Payroll

Shay CPA

And, of course, you can’t forget about how your layoffs impact your books and payroll. And if you’re in this boat, you should know what it means for your books and your payroll. As we reviewed in a recent blog, having an employee in another state establishes a tax nexus for your company there.

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The Benefits of Delayed Business Filings

CPA Practice

Incorporating at the End of the Year The primary advantage of incorporating before the end of the year is your clients can then take advantage of the tax benefits owning a corporation offers, including writing off the costs of incorporating on this year’s taxes.

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Do Accounting Firms Care if You’re On Drugs? Part III

Going Concern

You Big 4 types (and anyone at a CPA firm for that matter) go through your personal hell on a seasonal (or maybe a constant) basis so there’s probably a direct correlation with your usage and the time of year. It’s no surprise. Wait, what? In summation: Do Big 4 firms drug test? NO, probably not.

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Midwest and Mountain West Saw Biggest Income Gains Over Last 4 Years

CPA Practice

Mountain states such as Utah saw high earners moving in from California, Oregon and Texas. Bureau of Economic Analysis figures compiled for Stateline by the Urban-Brookings Tax Policy Center in Washington, D.C. Inflation-adjusted per capita incomes in Utah have grown by about 8% since 2019.

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4-Day Workweek Gains Lawmaker Support in Some States

CPA Practice

The program would have allowed companies to claim a tax credit if they moved at least 30 employees from five- to four-day workweeks. “It The Maryland bill, for instance, would have piloted a temporary tax credit for businesses with more than 30 employees that tried out a 32-hour week for at least one year.

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