Monthly Archives: August 2012

A tax to-do list for new & existing businesses

The IRS wants business owners to be aware of their tax obligations.  Among the common tax issues that can trip up business owners: * CLASSIFICATION OF WORKERS. Determining whether workers are employees or independent contractors is a matter of law, not the choice of the worker or the  employer. * FEDERAL EMPLOYMENT TAX DEPOSITS. Called trust fund taxes, these deposits… (more…)