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Payroll Taxes Demystified: A Breakdown for Accountants and CPAs Serving Business Owners

CPA Practice

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.

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Using Your R&D Tax Credit Against Payroll Taxes

Shay CPA

It’s the R&D credit that the IRS will let you apply toward payroll taxes. Reducing your payroll tax liability The IRS has long offered a tax credit for increasing research activities. Fortunately, post-Protecting Americans From Tax Hikes (PATH) Act, things have changed. your quarterly Form 941).

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Using Your R&D Tax Credit Against Payroll Taxes

Shay CPA

It’s the R&D credit that the IRS will let you apply toward payroll taxes. Reducing your payroll tax liability The IRS has long offered a tax credit for increasing research activities. Fortunately, post-Protecting Americans From Tax Hikes (PATH) Act, things have changed. your quarterly Form 941).

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Trucking Tax & Accounting by Mike Habib, EA Los Angeles, CA

MyIRSRelief

There are several back tax help options available for truckers that can help you resolve your tax debt and get back on track. One option for back tax help is to hire a tax professional. They can also help you prepare and file your tax returns, ensuring that they are accurate and complete.

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How to Expand a Business to Another State

CPA Practice

Most states also require sellers to collect and remit local taxes (either city or county), so be sure your clients know to obtain the appropriate seller permits and tax account licenses to comply. Paying Employees in Another State. More info at: CorpNet.com/partners.

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Business Tax Rates: How Much Do Small Businesses Pay in Taxes?

xendoo

How Are Small Businesses Taxed? Depending on your business structure and income, you may be subject to one or more types of taxes. Other than income tax, your small business may be subject to payroll taxes, self-employment taxes, and more. You’ll also withhold income tax from employees’ wages.

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Friday Footnotes: Looking Elsewhere For Talent; MPs Talk Private Equity Concerns; The Burnout Queen | 8.25.23

Going Concern

Louis Business Journal ] One of the region’s largest accounting firms has named Missy Kelley, the former head of downtown booster organization Downtown STL Inc., She takes special interest in educating her clients and helping them be as strategic as possible when it comes to their tax situation or business finances.