Tag: FICA
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![How to File Taxes as a Business? [Complete Guide]](https://five.tax/wp-content/uploads/2023/03/pexels-photo-4049990.jpeg)
How to File Taxes as a Business? [Complete Guide]
To date, the Internal Revenue Service (IRS) estimates that there are approximately 25.5 million sole proprietorships in the United States. This is so, and here’s why: The formation of…
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What is Payroll & How to do it? Complete Guide 2023
Welcome to the ever-evolving world of payroll! As we venture into 2023, businesses face a plethora of changes and challenges, making it more important than ever to stay informed…
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Property tax help for low-income homeowners
Property Tax is the state-incurred direct tax. It can vary from the amount of property owned or inherited. It incurs regardless of the landlord’s payroll. Every taxpayer in the…
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![S Corp Payroll Guide [2022]](https://five.tax/wp-content/uploads/2023/03/shot-of-a-group-of-business-people-working-on-paperwork-and-tech-during-a-meeting.jpg)
S Corp Payroll Guide [2022]
For tax reasons, many businesses choose to be taxed as S Corporations rather than sole proprietorships because of the attractive tax benefits associated with doing so. However, you must…
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Payroll for Restaurants: 2022 Guide
The restaurant industry is extremely competitive. It makes sense to seek ways to streamline the numerous facets of running a restaurant, especially in the wake of the recent epidemic…
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![Payroll Tax Quick Guide [2023]](https://five.tax/wp-content/uploads/2023/03/pexels-helena-lopes-1015568-scaled.jpg)
Payroll Tax Quick Guide [2023]
Business owners, especially those heading up startups, often fantasize about the bright future that awaits them after their companies expand in terms of both size and profitability, necessitating the…