Making it simpler for small businesses to manage their taxes
The administration of payroll taxes can be difficult. You, as the owner of a small business, are responsible for paying payroll taxes at the federal, state, and local levels, in addition to your own taxes. If you own a small business, you should think about using online payroll software because mistakes can be very expensive. Here are some important factors to keep in mind.
Our Payroll works with more than 6,000 current U.S. tax codes, even some that are hard to understand, like Washington and Pennsylvania. We keep an eye on wage base limits and compliance rules at the federal, state, local, city, and county levels to make sure you stay in line no matter what state you’re in.
As a small business owner, you have to deal with a lot of different forms that come with taxes. You can get all the forms you need to begin on the IRS website. You’ll need Form W4 and Form I-9 when you hire someone. Forms must be sent out quickly for quick processing to begin. For easy payments with no paper checks, think about getting a direct deposit form. Small business owners also need to keep track of their own tax forms. For example, business owners usually file Form 1040-ES for taxes every three months. Pay close attention to due dates to avoid late fees.
Now that you know us, get ready to make things easier for your business. You can call us, start the registration process online, or use our live chat to get your questions answered right away.