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Tax Fraud Blotter: Getting personal

Accounting Today

Happy Valley, Oregon: Business owner Joyce Leard has pleaded guilty to not paying over employment taxes to the IRS. From the fourth quarter of 2018 through the fourth quarter of 2020, she collected and withheld taxes from her employees wages but did not pay the funds over to the IRS or file quarterly payroll tax returns.

Tax
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5 States with the Lowest Combined Business Taxes

CPA Practice

Property and payroll taxes In addition to business or personal income taxes and sales tax, property and payroll taxes are important considerations. Property tax rates can vary significantly, impacting the cost of owning or leasing business space.

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Direct vs. indirect tax: the differences

ThomsonReuters

Here are the main differences between direct and indirect taxes: Direct taxes Levied on people and entities Are typically proportionate to the taxpayer’s income or assets Considered a progressive tax. Corporate income tax is a significant source of revenue for governments.

Tax