There are many opportunities to make costly and painful mistakes when it comes to payroll, not least due to the complex tax regulations at state, federal and local level. While these may be understandable, however, they are certainly not desirable, and can lead to penalties from the IRS, along with damage to a company’s reputation. […]
Archives for February 2022
What Is a Business Tax Strategy and Why Do You Need One?
For many business owners, taxes fill them with a sense of dread, and some prefer to simply hand over the reins to an accounting service. While this is a great idea, it does pay to understand a little about how taxes work, and how you can make the most of them as a business owner. […]
What Does Running a Sole Proprietorship Entail?
Whatever industry your new business is in, getting it up and running can be an exciting time, and if you’re going to be owning and operating it yourself, you’ll likely choose to make it a sole proprietorship. However, while starting a new business may be exciting, many who have never done such a thing before, […]