Remove CPA Remove payroll tax Remove tax accountant
article thumbnail

Payroll Taxes Demystified: A Breakdown for Accountants and CPAs Serving Business Owners

CPA Practice

As accountants and CPAs, dealing with payroll taxes is essential to managing finances for your business clients. Understanding the details of payroll taxes helps you better assist your clients in fulfilling their obligations and maximizing tax efficiency. By Nellie Akalp.

article thumbnail

IRS Expands Business Tax Accounts to Include S Corporations and Partnerships

CPA Practice

The Internal Revenue Service has launched the second phase of a new online self-service tool for businesses that expands business tax account capabilities and eligible entity types. Available at IRS.gov/businessaccount , the new business tax account is a key part of the agency’s continuing service improvement initiative.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Top Remote Accountants of the Week | August 29, 2024

Going Concern

With our Always-On Recruiting service, access a pool of top remote accounting candidates without any upfront costs. Sign up now to see the complete candidate list and connect with potential hires.

article thumbnail

Using Your R&D Tax Credit Against Payroll Taxes

Shay CPA

It’s the R&D credit that the IRS will let you apply toward payroll taxes. Reducing your payroll tax liability The IRS has long offered a tax credit for increasing research activities. Fortunately, post-Protecting Americans From Tax Hikes (PATH) Act, things have changed. your quarterly Form 941).

article thumbnail

Using Your R&D Tax Credit Against Payroll Taxes

Shay CPA

It’s the R&D credit that the IRS will let you apply toward payroll taxes. Reducing your payroll tax liability The IRS has long offered a tax credit for increasing research activities. Fortunately, post-Protecting Americans From Tax Hikes (PATH) Act, things have changed. your quarterly Form 941).

article thumbnail

Top Remote Accountants of the Week | May 23, 2024

Going Concern

Sign up now to see the complete candidate list and connect with potential hires.

article thumbnail

Using an Income Tax Preparation Service: Is It Worth the Cost?

MyIRSRelief

Another advantage of using a tax preparation service is the peace of mind that comes with knowing that your taxes are being prepared by professionals. Tax laws can be confusing and complicated, and it’s easy to make mistakes when preparing your own taxes.