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Payroll problem tax debt relief – get professional representation

MyIRSRelief

They are required by the IRS to report the amount of 941/940 employment payroll taxes that have been either withheld from employees or what they owe to the government. If they fail to do at the prescribed time they will have a payroll tax problem. Get a free case evaluation 1-877-78-TAXES [1-877-788-2937].

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A Quick Guide to Payroll Tax Filings!

LyfeAccounting

Well there are taxes that need to be filed and paid, and this post is going to break down all of it. For the purposes of filing and paying employer payroll taxes, I’d highly recommend using a payroll software like QuickBooks or Gusto. Payroll Tax Filings: Forms That You Need. Those are forms I9 and W-4.

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IRS TFRP Help – Everything You Need to Know About Trust Fund Taxes and Penalties

MyIRSRelief

If however, the business owner is uncooperative, or if they are simply unable to pay the IRS the 941 payroll tax that they believe they are owed, an investigation will then be launched and this is where hiring a tax representation professional, EA, CPA, attorney will be recommended.

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Payroll Taxes vs. Income Taxes | What’s the Difference Between Payroll and Income Tax?

LyfeAccounting

With our first business, LYFE Marketing, I remember stressing to figure out what was the best way to pay my taxes. I missed payroll tax filing deadlines that cost me thousands of dollars. Like, literally, I paid my payroll taxes one-day late by accident, the IRS sent me a penalty for over $1,000.

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How to Dissolve a Company in Bad Standing Before Year-End

CPA Practice

Any outstanding tax obligations must be paid. If applicable, final payroll tax returns must also be filed and payroll accounts closed, as well as any sales tax. Finalizing tax returns prior to the end of the year prevents tax obligations from rolling over into the following year.

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Commingling Funds: How to Address the Problem and Avoid It in the Future

inDinero Tax Tips

One of the most common problems for startup founders is the commingling of funds: when you pay for personal transactions from a business account, or visa versa. You’ll reimburse yourself if you’ve used personal accounts to pay for business expenses. The solution to commingling funds is simple but tedious.

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Checklist for Small Business Startups

SMBAccountant

There are numerous benefits to having a bank account under your company’s registration, including separation of personal and business finances, providing legal protection, and helps facilitate business growth by easily tracking cash flow. Having remote workers can cause liabilities in other states of which to be aware.