I hope you have managed to stay safe and well! We focus on resolving tax issues in Prince William County and throughout the lower Northern Virginia area. There is an age old question out there about whether or not you should or are required to pay your workers as employees, rather than an independent contractor. Read more about <strong>IRS Definition of Independent Contractor vs. Employee</strong>[…]
I hope you have managed to stay safe and well! We focus on resolving tax issues in Prince William County and throughout the lower Northern Virginia area. Whether to pay your workers as employees or contractors, is a question we field all the time from both current and prospective accounting customers alike. Paying employees through Read more about Employees or Contractors- Payroll Can Actually Help you Save $$[…]
I hope you have managed to stay safe and well! We focus on resolving tax issues in Prince William County and throughout the lower Northern Virginia area. Today, we are going to switch it up a bit, and discuss the role of payroll, and the hidden issues that could lurking for unsuspecting businesses that use Read more about Don’t Take the Bait![…]
I hope you have managed to stay safe and well! We focus on resolving tax issues in Prince William County and throughout the lower Northern Virginia area. Beginning January 3, 2022, it is expected that the IRS will unleash its wrath on all those responsible for payroll tax liabilities that have been given a pass Read more about Payroll Cases Expected to Increase![…]
I hope you have managed to stay safe and well! We focus on resolving tax issues in Prince William County and throughout the lower Northern Virginia area. In case you’re unaware, you can be held personally accountable for taxes withheld from your employees’ paychecks, that you failed to subsequently, remit to the government. These funds Read more about IRS is Serious about Trust Funds![…]
I hope you have managed to stay safe and well! We focus on resolving both personal and business customers’ Tax Issues in Prince William County, and throughout the lower Northern Virginia area. Are you an employee-owner of a corporation (or an LLC that filed IRS Form 2553 and elected to be taxed as a Subchapter Read more about REASONABLE COMPENSATION – You’ve still got time!?[…]