Remove corporation tax Remove Legal Remove payroll tax
article thumbnail

Professional Tax Help in New York: Taxpayers Facing Tax Audits, Back Taxes, and 941 Payroll Tax Problems

MyIRSRelief

Whether you are a small business owner, self-employed, or an individual taxpayer, you may face tax issues such as tax audits, back taxes, and 941 payroll tax problems. Contact us for tax help today. 941 payroll taxes also include the employer’s portion of Social Security and Medicare taxes.

New York 147
article thumbnail

Tax Problem Resolution in the Inland Empire, CA

MyIRSRelief

The process involves submitting an application to the IRS with a detailed explanation of your financial situation, often with the help of a tax professional. How Can I Resolve Unfiled Tax Returns in Corona, CA? Failing to file tax returns can lead to penalties and potential legal issues. What should I do?

Tax 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Much Is a Tax Consultant?

xendoo

Business tax law is often far more intricate than individual tax law. Companies can benefit from the services that a tax consultant provides. They will have an in-depth knowledge of legalities surrounding the business structure of an entity and the deductions that may be available to a given company. .

article thumbnail

Get set up for the new tax year with Xero Payroll

Xero

Please keep in mind that you have a legal obligation to provide your employees with their P60 reports before 31 May 2023. If this isn’t currently entered in the HMRC tab of your Payroll settings, you’ll be asked to add this when scheduling your next EPS and entering an amount of CIS suffered.

payroll 101
article thumbnail

LLC vs. S corp: Which is right for your business and taxes? 

xendoo

Why your business structure matters Choosing the right business entity is crucial for several reasons, including: Liability protection: Some business types provide legal protection for your personal assets, while others don’t. Taxes Taxed as a pass-through entity. Subject to self-employment taxes.

Tax 52
article thumbnail

LLC vs. S corp: Which is right for your business and taxes? 

xendoo

Why your business structure matters Choosing the right business entity is crucial for several reasons, including: Liability protection: Some business types provide legal protection for your personal assets, while others don’t. Taxes Taxed as a pass-through entity. Subject to self-employment taxes.

Tax 52
article thumbnail

What exactly is direct tax?

ThomsonReuters

As noted earlier, there are various types of direct tax, which is where things can start to get complex. While some have to calculate their income tax provision , some U.S. businesses are not subject to corporate income tax because they are taxed as “ pass-through” entities (i.e., What is a tax provision?

Tax 52