A tax credit for small-employer pension plan startup costs may be awaiting you. You may be able to claim a tax credit of up to $5,000 when you set up an SEP or a SIMPLE IRA or a qualified plan such as a 401(k). You qualify to claim this credit if you meet all these...
IRS
12 Best Practices for Managing Multi-State Payroll Taxes
Mobile workers have become an important and growing part of the modern workforce. Cloud computing and ubiquitous high-speed internet have enabled many industries to support remote workers. Businesses offering either fully remote or hybrid work flexibility have...
Here are some things gig economy workers should know about their tax responsibilities
Many people take up gig work on a part-time or full-time basis, often through a digital platform like an app or website. Gig work, such driving a car for booked rides, selling goods online, renting out property, or providing other on-demand work, is taxable and must...