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Los Angeles Tax Services – Local tax firm serving all Southern California

MyIRSRelief

They contribute to resources such as our government, educational systems, law enforcement, libraries, and others. However, individuals who fail to pay taxes can suffer penalties and potential criminal charges. There is a substantial amount of time you have to file your taxes, but the process can seem hefty.

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What Is Payroll Tax? A Breakdown for Business Owners

inDinero Tax Tips

What is payroll tax? It’s money collected from employee wages and used to fund Social Security, Medicare, unemployment insurance, and other government programs. Since businesses are responsible for calculating, withholding, and remitting the tax to the government, navigating this process can be an administrative challenge.

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Federal Government Extends Deadlines for Hurricane Ian Victims, States Extensions Are Unclear

Withum

Last week, the Federal Government released guidance allowing certain federal tax filings and payments to be extended until February 15, 2023, for the victims of Hurricane Ian. For more information on this topic, please contact a member of Withum’s Business Tax Services Team. Contact Us. Let’s Chat.

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“Off-payroll” working rules continue to apply

Inform Accounting

With all of the U-turns on tax policy in the last couple of months, businesses may be confused about what changes are going ahead and which ones have been scrapped by the new chancellor. If the end-user organisation is also the fee-payer, they will need to deduct and pay Income Tax and National Insurance contributions to HMRC.

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IRS Extends Deadline for California Taxpayers Impacted by Natural Disasters

Withum

The October 16, 2023, deadline also applies to the quarterly payroll and excise tax returns normally due on January 31, 2023, and April 30, 2023. These payments will now be due on October 16, 2023, to be considered timely paid.

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Top Remote Accountants of the Week | May 16, 2024

Going Concern

FTE Senior Accounting and Tax | Candidate ID #5311425 Certifications: CPA, QB ProAdvisor Education: BA Accounting, MS Accountancy Experience (years): 10+ years public accounting Work experience (detail): 2+ with national firm 10 years working with large C-Corp clients 5+ years with SMB and HNWIs tax prep and advisory 4 years with own practice with (..)

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PPP Loan Forgiveness May Not Always Be Tax-Free

Withum

PPP loans provided small businesses with loans that could be used to maintain their payroll and certain eligible expenses like rent, utilities, mortgage interest, etc. For more information on this topic, please contact a member of Withum’s Business Tax Services Team. Contact Us. Let’s Chat.

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