Taxes Archives - Page 2 of 2 - Payroll Management, Inc

Choosing the Right Legal Business Structure

by chris | Sep 27, 2018 | Business Tips, Financial Management

Choosing the appropriate legal business structure is one of the first issues most entrepreneurs face. It is an important decision at the formation stage and also as a business grows. Sole proprietorships usually are the easiest. Corporations offer some different...

A Tax Essential: the Percentage-Withholding Method

by chris | Sep 5, 2018 | Payroll, Taxes

Employers are required to withhold federal income tax from all employees’ wages unless the employee is exempt from the tax. The withholding amount is based on the employee’s taxable wages, marital status and number of allowances stated on his or her W-4...

5 Ways the IRS Will Make You Pay Your Payroll Taxes

by chris | Jun 11, 2018 | Payroll, Taxes

The Internal Revenue Service aggressively collects delinquent payroll taxes, and it has the authority to do just about anything to collect them. Here are five of the most aggressive tactics the agency uses. Shut you down. The IRS can lock your doors and shut down your...