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Small and medium-sized businesses face unprecedented challenges in 2020. If you have also received notice that you owe back taxes to the IRS, it may feel like the burdens are getting too big to shoulder. The IRS reports that more than 8 million Americans owe over $80...
Each week, your employees fill out time sheets, punch the clock or log in to record the hours they work. You or someone you hired keeps track of those hours, calculates the pay for each employee and issues a weekly check or deposit for the total amount, minus payroll...
Summer jobs are a great way to generate income for college and a substantial learning experience for high school and college students. The Bureau of Labor Statistics says that last July, more than 20 million people between the ages of 16 and 24 were employed. Sole...
Running a business often involves deciding what bills to pay - and when to pay them. Peaks and valleys in business are common in any industry. For instance, the change in the price of gas can impact a company in many ways -- from increased costs in obtaining supplies...
Unfiled or unpaid business or payroll taxes can create serious problems. Depending on how the business is set up, the IRS can and will pursue the owners or managers personally for the employee share of the taxes withheld by the company and not sent to the government....