ThomsonReuters

APRIL 18, 2023

For business owners, payroll is complex and often their greatest expense. For accounting professionals, payroll services have long been viewed as a time-consuming, high-risk loss leader. Payroll errors are certainly a real concern, but with the right tools and resources in place, payroll services can be a growth opportunity for firms.

payroll 107

payroll payroll tax Tax audit 107

ThomsonReuters

JULY 25, 2023

Overpayments and repayments are two of the most common anomalies that could complicate year-end and W-2 processing. Jump to: What is an overpayment on taxes? Overpayments and repayments in the current year Overpayments and repayments in subsequent years Preventing tax overpayments What is an overpayment on taxes?

Tax 98

Tax income tax tax return payroll 98

ThomsonReuters

APRIL 12, 2022

Looking back at the last two years and the sprinter’s pace at which COVID-19 payroll tax credit relief was enacted, payroll accountants have earned a well-deserved pat on the back! But as the dust settles on those prior 2020–2021 Form 941 payroll tax returns, undoubtedly credits were missed, and mistakes were made. see IRC Sec.

payroll tax 98

payroll tax tax return payroll Tax 98

LyfeAccounting

JANUARY 25, 2021

Determining how much to pay your employees. I’ve been through it all, from trying to figure out how to do payroll for my very first employee, to figuring out how much I should pay my employees. I’ve paid thousands of dollars in payroll tax penalties. Alright, now let’s talk about how to pay your employees.

payroll 52

payroll payroll tax quickbooks Start-ups 52

LyfeAccounting

DECEMBER 28, 2020

?. Do you want to know how the rich get away with paying little to no taxes, while many others overpay on their taxes? If you’re anything like me, I’m sure you’ve heard all of these stories about how Jeff Bezos or Donald Trump pays almost little to no taxes. Like, do you REALLY want to know? Business Tax Credits vs Tax Deductions.

business tax 52

business tax Tax tax return Government 52