Any business that has employees is responsible for collecting and paying payroll tax. The most common liabilities are federal income tax, state income tax, Social Security, and Medicare. The percentage of payroll tax will vary from state to state. For example, residents of the state of Florida (as well as several others in the country) don't pay income tax which lowers the overall payroll tax liability compared to other states.
Read MoreIRS scams are an ever-present threat these days. But, by keeping yourself informed, you can avoid falling prey to them
Read MoreAre you ready to see your small business grow? Here are just a few of the many ways Fix-It Accounting can help.
Read MoreAre you a business owner who has plateaued and doesn’t know how to get back on track? Perhaps it’s time for you to consider outsourced accounting.
Are you considering a change to a new accountant? If so, here are some things you need to consider before making the switch.
Read MoreIs your company in need of controllership services? At Fix-It Accounting we can help you determine when is the right time to take the big leap.
Read More