When you’re starting off as a small business in any state, one of the biggest concerns you may have is the tax rates for small businesses. Depending on where your company resides, you may receive different tax rates which will affect your tax return and your budget for the following year. This is also something… Read more about Tax Rates for Small Businesses by State
As a small business owner, changes to the federal tax code and new federal business tax deductions will have you feeling like you have homework to do. But sweeping changes in the recently passed federal tax plan has entrepreneurs (and tax accountants) everywhere feeling like they are cramming for midterms. Have no fear! We have… Read more about Federal Business Tax Deductions You Should Know About for 2018
With every paycheck comes two different types of payroll deductions, along with other deductions that vary for each individual. The two consistent types of payroll deduction include federal withholding and state/local withholding. These deductions are taxed at different rates based on your employer, state, or taxable income. For instance, seven states have a flat tax… Read more about Different Types of Payroll Deductions (Infographic)
The confetti has settled, the firework embers cooled, and the steam off the small business is beginning to bellow. Things are in full swing for 2017. We hope you’ve had a wild and crazy Christmas and New Year season, or a calm and peaceful one if that’s what suits you better. Either way, we know… Read more about Top 4 Challenges Businesses are Facing in 2017
We’ve got the Arizona Cardinal, the D-Back Mega Dog, the best Mexican food in the southwest, and the best sunsets in the country. But do we have anything to cheer about when it comes to business taxes? Well, according to the Tax Foundation’s yearly report, Arizona continues its climb toward the top of the best… Read more about How Arizona's Business Taxes Compare with the Rest of the Country
Ready to save some money? Tax codes are complicated and we often hear from employers that feel like they are not taking full advantage of the numerous, confusing tax breaks. We’ve identifies five small business tax deductions that may prove a great benefit when it comes to writing that final check to the IRS.
Discover the pros and cons of managing your payroll online and understand the benefits you should you look for when hiring a company to handle your payroll online. PayTech is an award winning payroll company here to list the benefits of managing your payroll online. We also offer offline payroll services should you feel that… Read more about The Benefits of Managing Your Payroll Online
Tax deadlines can be a very intimidating thing for businesses to handle if they are not done on time. As you keep pushing off doing your taxes, the deadline looms closer and closer and so does the threat of owing money for tax evasion. It’s crucial that you know how to file your taxes properly,… Read more about Business Tax Deadlines and Extensions