Reminder: Don’t forget January 31, 2019 is the deadline to file your information returns to avoid the late filing penalty. Also, distribute the forms to the recipients so they can file their tax returns. These forms must be submitted to the
Tag: payroll
Small Business Owners’ Tax Checklist
Keeping your tax documents organized is a challenge, but it can not only make the tax filing season go smoothly, it can also reduce your company’s tax liability. Here are some tips to keep your business on track:
The IRS has Released the 2018 Income Tax Withholding Tables
The IRS has updated the income-tax withholding tables for 2018 to reflect changes made by the new tax law such as the increase of the standard deduction, repeal of personal exemptions and changes in tax rates and brackets.
Payroll Tax Reduction Expired
Payroll Tax Cut Expired The two-year payroll tax cut reduced for employees and self-employment tax for business owners. This reduction was originally part of the 2010 Tax Relief Act that included other economic stimulus measures to encourage consumer spending and