IRS Help

Business Tax Records—What Records to Keep and When to Shred

BTP · February 4, 2012 ·

Are you never quite sure what original information to save after you file your annual tax return? In this article, we discuss what business tax documents you must keep and how long to keep them. Good bookkeeping is difficult to manage for many businesses. Let’s face it—your priority is to keep the business running from […]

Help with IRS Payroll Taxes: What They Are, How They Work

BTP · February 3, 2012 ·

When your new employee fills out a W-4, it affects their withholdings for Federal Income Tax, Social Security, and Medicare. What does it mean for the business owner? Businesses are required by the IRS to withhold taxes from employee wages, and then pay them directly to the IRS. This usually occurs on a quarterly basis […]

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