Posts Tagged ‘Payroll’
How do I file taxes for a small business I started this year?
I have a small business set up as a general partnership and we have 2 employees. We are not using any kind of 3rd party administrator for payroll or tax reporting services. We are just keeping tight records of our income, business expenses and payroll. Can we file taxes for this busines at the end of the year along with our personal filings or should we be doing something different? Also, we have not been withholding any taxes from our employees payroll as we plan to issue them a 1099 at year end. Does this sound ok?
Accounting Sites
What are all the Income tax deductions in a Payroll from Philadelphia PA?
geniepr asked:
My husband is getting paid $12/hr this payroll gross was $918. The deductions are $278.40 (child support) and all the other taxes deductions. I see everything in order but they started also holding Philadelphia local Income tax for $88.04. I did know about Federal Income tax and PA income tax but this Philadelphia taxes I never herd of them and the withold amount is almost 3 times higher than the PA one. So he is only receiving $ $344.28 this payroll. Is this right?
Jeanne
My husband is getting paid $12/hr this payroll gross was $918. The deductions are $278.40 (child support) and all the other taxes deductions. I see everything in order but they started also holding Philadelphia local Income tax for $88.04. I did know about Federal Income tax and PA income tax but this Philadelphia taxes I never herd of them and the withold amount is almost 3 times higher than the PA one. So he is only receiving $ $344.28 this payroll. Is this right?
Jeanne
who makes the best accounting software for a small business?
DreamDesign asked:
I am starting a microenterprise and I do not have employees so I don’t have to do any payroll. I want to buy software for accounting and I don’t know which one would work best. I will be selling mostly online.
Monica
I am starting a microenterprise and I do not have employees so I don’t have to do any payroll. I want to buy software for accounting and I don’t know which one would work best. I will be selling mostly online.
Monica