Taxes

#TuesdayTips: The Importance of Tracking Your Mileage

Do you or any of your employees use a vehicle owned by your company? Mileage as well as additional auto-related expenses such as gas, oil, maintenance, repairs, tires, registration fees, and more can be considered when filing your business taxes. Paying attention to detail and taking time to track mileage is more important than you […]

#TuesdayTips: Are You Truly Ready for W2s?

It’s the end of the year and almost time to send W2s – have you verified the information yet?

Employee and Employer Payroll Taxes – What’s The Difference?

Even though payroll taxes are paid by both employers and employees, there’s one major difference. Payroll taxes paid by employees affect employees’ net pay, but payroll taxes paid by employers don’t. Taxes that employees pay are subtracted out of an employee’s gross pay, which lowers the net pay for that paycheck. However, payroll taxes paid by the employers do not affect […]