Category : Taxes : Business & Finance

How to Figure Payroll Tax

Taxes
Employee payroll taxes include federal income tax, state income tax (if applicable) and FICA (Medicare and Social Security) taxes. The employer pays FICA taxes, and federal unemployment (FUTA) and state unemployment (SUTA) taxes. Payroll taxes are used to fund a variety of federal and state programs

The Definition of an IRS Levy

Taxes
If an individual owes, and does not pay, his federal taxes, the IRS can impose a levy. A tax levy is a last resort method the IRS uses to get the debtor to pay his tax debt. According to Back Taxes Help, a levy is the IRS' strongest weapon in collecting delinquent taxes.

Form 6251 Instructions

Taxes
Form 6251, or the Alternative Minimum Tax Form for individuals, is a form that some taxpayers must complete and file with their federal tax returns. It applies to taxpayers who receive income from sources that have favorable treatment under U.S. tax law and to taxpayers who qualify for certain busin

How To Get Small Business Accountants

Taxes
News flash: small business accountants in Sydney are there to help fledgling business owners. Old news? It can be, but few business owners and entrepreneurs heed this good advice. It is very important to start a business and get off on the right foot. At the very start, make sound business decisions

Tax Deduction for Travel to Work

Taxes
Most taxpayers understand that personal expenses largely aren't deductible and business ones, for the most part, are. However, there are some gray areas. For example, is the mileage you put in when you commute to work every day a business expense, because it's related to your job, or a personal expe