Business and Personal Finance: Different Income Taxation for Different Entities

The Income Tax Impact – Different Income Taxation for Different Entities The way to determine your company’s income taxes depends wholly on its entity. Each entity comes with its own tax forms, not to mention unique tax benefits and drawbacks. Overall, though, there are really only two basic categories that your company’s income taxes could … Read more

Business and Personal Finance: All about Payroll Taxes

Managing the Payroll – All about Payroll Taxes As an employer, you are responsible for sending in two kinds of payroll taxes: the kind you deduct from paychecks, and the kind that you pay in addition to the payroll. There are three basic withholding taxes, two standard employer-side taxes, and unemployment insurance (also an employer- … Read more