Treasury Departments

Make sure you are meeting all of your responsibilities to the tax man — and also seizing every opportunity to reduce your taxes.

Doing your homework in this area is a necessary evil that will pay off in terms of avoiding penalties and other troubles with tax authorities.

My office manager has been the ad-hoc benefits administrator for many years. In a small company, who should be handling the responsibility? Benefits administration has many elements, not the least of which is...

You need to be primarily concerned with the laws that regulate payroll taxes — employee withholdings as well as employer-paid taxes.

Read here what needs to be done before you can legally run a business out of your house.

Learn how to reduce, if not eliminate, your company's tax burden by using IRS business-expense tax deductions to your advantage.

The manufacturing industry uses extranets to provide access to product manuals and technical specifications.

In a nutshell, if you are an LLC member, you must pay self-employment taxes on your share of the profits in certain conditions.

What is an Employer ID Number? Do I need one for my new business? An Employer ID Number is an identification number assigned to businesses for taxpaying purposes by the IRS or state...

In order to operate a business, the IRS requires either an Employer ID Number (EIN) (also known as a federal tax identification number) or a taxpayer identification number (generally a social security number)....

A business that has registered with the Secretary of State as a corporation or limited liability company will be given a number when the formation documents are filed. Depending on the state, this...

As the end of the calendar year approaches, you should take some time to focus on your taxes. There are several things that you may be able to do to lower your bill....

Health savings accounts provide an interesting approach to health care planning.

From a tax standpoint, according to the Internal Revenue Service, you may choose any recordkeeping system suited to your business that clearly shows your income.

The IRS says every taxpayer (business or individual) must figure taxable income on an annual accounting period called a tax year.

Before you can determine how to treat payments your business make for services, you must first know the business relationship that exists between you and the person performing the services. An independent contractor...

The Internal Revenue Service (IRS) gives this advice when hiring new employees. Eligibility for Employment. You must verify that each new employee is legally eligible to work in the United States. This will...