IRS Issues New Guidance for Calculating Wage Levies

For those having their wages levied by the IRS, the levies are sent to the tax debtor’s employer via Form 668-W, Notice of Levy on Wages, Salary, and Other Income. This form contains six parts. Prior to the Tax Cuts and Jobs Act (TCJA), the employer was required to give the employee the Statement of […]

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Payroll Summed Up

Payroll processing is a cumbersome but necessary part of operating your business. It includes many tasks such as issuing checks every pay period, comprehensive recordkeeping, making payroll tax deposits, and filing quarterly and annual returns. There are many simple – and tricky! – filing mistakes that can be costly and contribute to the endless details […]

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Outsourcing Accounting, Bookkeeping, and Payroll: Is it Worth it?

You may think your company saves money by handling bookkeeping, accounting, and payroll services in-house, but many businesses find that’s not the case. Running a small business requires expertise and a level of commitment that only you can bring to the table. As you’ve probably discovered though, there is a ton of (boring but) necessary […]

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