Blog Post

When you run your own business, it’s not enough to just know the ins and outs of your industry or have great vision for the future of your company.

If you are raising or planning to raise a child in the U.S., then you may qualify for the child tax credit which can help lower your tax bill each year you claim it.

Form 940, Federal Unemployment Tax Return, is the form employers use to report their FUTA tax liability to the IRS

To ensure that your business succeeds in the future, it is important to pay attention to how you handle payroll, taxes, and expenses. Let’s have a deep look at this.

The most important part of managing your payroll is keeping an accurate record of any due dates, as even accidentally missing a due date may result in unnecessary (and hefty) fines from the IRS

Social security wage base is the maximum amount of your wages subject to social security tax which is set to rise from year to year based on average national wage indexing.

Knowing how to manage contractor payroll will help you make sure that your business is paying its contractors the amount of money it owes while also ensuring that it isn’t falling short on any of its federal or state tax obligations.

How do payroll taxes work in the US? What types of payroll taxes are there? How can small business owners use these taxes to their advantage? Let’s have a look at these payroll taxes in detail, and find out what you need to know about them.