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The Benefits of Delayed Business Filings

CPA Practice

Timing is Everything In the complex world of small business finance and accounting, the strategic timing of business filings can be a game-changer. A delay allows business owners to specify a future effective date on their registration forms, granting them control over when their company officially becomes a legal entity.

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Last Week in Payroll: Federal Employment Taxes

ThomsonReuters

The United States first imposed a federal income tax briefly during the American Civil War and also in the 1890s. Constitution in 1913 that permanently legalized a federal income tax. Then, in 1935, the Social Security Act was signed into law, which resulted in a tax on both the employer and employee (6.2%

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