What Are Employment Taxes? – Small Business

Employment Taxes are one of business owner’s tax-related responsibilities when they hire employees. If you’re a business owner and have employees, you are responsible for withholding employment taxes from your employees every pay period. Employment taxes, aka, payroll taxes, include income taxes, social security taxes, Medicare taxes, and federal unemployment tax. Some states and local […]

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What Are Employment Taxes? – Small Business

Employment Taxes are one of business owner’s tax-related responsibilities when they hire employees. If you’re a business owner and have employees, you are responsible for withholding employment taxes from your employees every pay period. Employment taxes, aka, payroll taxes, include income taxes, social security taxes, Medicare taxes, and federal unemployment tax. Some states and local […]

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Business Expenses and Tax Deduction

Business Expenses – What Expenses are Tax-Deductible? The more business expenses you legitimately deduct, the lower your taxable income will be. Here is a summary of business expenses that you may deduct to lower taxable profit. Business ExpensesExpenses to Run BusinessAuto Expenses (Cars and Trucks)Legal and Professional ServicesCommissions and FeesTravel ExpensesMeals and EntertainmentEducation ExpensesTaxes and […]

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Business Expenses and Tax Deduction

Business Expenses – What Expenses are Tax-Deductible? The more business expenses you legitimately deduct, the lower your taxable income will be. Here is a summary of business expenses that you may deduct to lower taxable profit. Business ExpensesExpenses to Run BusinessAuto Expenses (Cars and Trucks)Legal and Professional ServicesCommissions and FeesTravel ExpensesMeals and EntertainmentEducation ExpensesTaxes and […]

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