Bookkeeping

You should also make sure to update any of your information should it change. If you’re self-employed, the IRS has a little surprise for you called the self-employment tax. It’s a 15.3% tax made up of 12.4% for Social Security and 2.9% for Medicare. We’ll make sure a financial professional gets back to you shortly. …

What is FICA, and Why Do You Need to Know about It? Read More »

You cannot run your business without paying your employees on time, so accuracy and reliability are key. If you have chosen to employ a third-party payroll service provider, they will take care of the calculations, employee compensation, and tax payments on your behalf. Try Paychex or ADP, both of which offer in-house software and fully …

6 Best Payroll Apps Read More »