CPA Practice

APRIL 9, 2024

As accountants and CPAs, dealing with payroll taxes is essential to managing finances for your business clients. Understanding the details of payroll taxes helps you better assist your clients in fulfilling their obligations and maximizing tax efficiency. By Nellie Akalp. for both employees and employers.

payroll tax 110

payroll tax West Virginia payroll cpas 110

MyIRSRelief

JULY 3, 2023

During an ERC audit, the IRS reviews the business’s records, including payroll records, tax returns, and supporting documentation related to ERC claims. They can help implement internal controls, review payroll processes, and provide guidance to minimize the risk of errors or discrepancies in future ERC claims.

audit 130

audit North Carolina Oklahoma Ohio 130

CPA Practice

JULY 12, 2023

Some states require employers to pay additional payroll taxes. In Alaska, New Jersey, and Pennsylvania, both employers and employees contribute to the fund, with the employee’s portion of SUI deducted from their paychecks. Many companies also register with a payroll service, so they don’t have to worry about each state’s tax rates.

income tax 98

income tax Tax South Dakota Alaska 98

xendoo

JANUARY 16, 2023

Corporate tax Self-employment tax Sales tax Payroll tax We’ll cover everything you need to know about tax rates for the most popular business entity types—corporations, partnerships, sole proprietorships, and LLCs. Other than income tax, your small business may be subject to payroll taxes, self-employment taxes, and more.

business tax 52

business tax Tax income tax payroll tax 52