Anders CPA

MAY 23, 2023

Remote workers have become a staple of the workplace, but hiring out-of-state employees can lead to payroll tax complications. Multi-state payroll tax withholding done incorrectly can lead to penalties and interest for employers and create tax headaches for employees.

payroll tax 98

payroll tax payroll Rhode Island Tax 98

Anders CPA

MAY 15, 2023

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.

payroll tax 52

payroll tax payroll South Dakota Rhode Island 52

ThomsonReuters

APRIL 18, 2024

Gandhi, partner of Foley & Lardner LLP’s Detroit office and member of the Tax, Employee Benefits & Executive Compensation, and Estate Planning Practices, noted that while the human resources (HR) department were experts at labor and benefits requirements, HR lacked the background in payroll taxes.

payroll tax 52

payroll tax Tax payroll Connecticut 52

CPA Practice

OCTOBER 18, 2023

Some key factors to evaluate include: Tax rates Tax rates vary widely across states. Some states have higher corporate income tax rates, while others offer lower rates or no tax at all. Property tax rates can vary significantly, impacting the cost of owning or leasing business space.

business tax 59

business tax Tax Alaska South Dakota 59

inDinero Tax Tips

DECEMBER 13, 2022

The research and development tax offsets, on a dollar-per-dollar basis, future federal income tax liability. The tax credit can also carry over for up to 20 years, so even if you don’t have a federal income tax liability this year , then it is still well worth investigating your eligibility for the R&D tax credit.

Tax 75

Tax payroll tax income tax tax return 75

ThomsonReuters

FEBRUARY 9, 2022

The DOL also has a list of potential FUTA credit reduction states for tax year 2022, which includes California, Colorado, Connecticut, Illinois, Massachusetts, Minnesota, New Jersey, New York, Pennsylvania, and the U.S. States and localities may also provide tax relief for businesses affected by a disaster. Virgin Islands.

payroll 98

payroll California Connecticut Tax 98

ThomsonReuters

JANUARY 16, 2024

The earned income tax credit (EITC) is determined based on a taxpayer’s earned income from wages and other sources. The earned income tax credit (EITC) is determined based on a taxpayer’s earned income from wages and other sources. Currently, California, Connecticut, Illinois, New York, and the U.S.

Tax 52

Tax income tax tax planning payroll 52