IRS Nightmare: What Employment Taxes? Apr. 12 2011 – 9:19 am By ROBERT W. WOOD From Forbes You probably fear an IRS audit. See What’s Your IRS Audit Risk? That’s only natural, like fearing heights or spiders, no matter how…
Payroll Taxes
Tips for Managing Your Tax Records
by Oscar • • 0 Comments
After you file your taxes, you will have many records that may help document items on your tax return. You will need these documents should the IRS select your return for examination. Here are five tips from the IRS about…
Form W-2, FICA, Medicare, Tips, Employee Benefits
by Oscar • • 0 Comments
Question: As an employer, do I have any liability if my employees receive tips but don’t report them to me? Answer: Employers in industries where tipping is common know that they must pay the employer share of social security…