Arranging a Payment Plan with the IRS for Your BusinessBoth individuals and small business owners get into situations when they can't pay their tax debt all at once. Fortunately, the Internal Revenue Service…read article
Determining if Your Worker is an Independent Contractor or EmployeeBusiness owners are required to withhold federal, social security and Medicare taxes from employee paychecks and forward these funds to the Internal…read article
Understanding the Federal Payment Levy ProgramFinancial Management Service (FMS) of the Department of the Treasury instituted the Federal Payment Levy Program (FPLP) in 2000 to collect overdue taxes…read article
What is a Franchise Tax?A franchise tax is a state-level tax that is levied against businesses and partnerships that establish a presence in that particular state. Some state…read article
The Difference Between Calendar Year and Fiscal Year for Business TaxesLearn more about calendar and fiscal tax reporting, and why factoring companies help business with cash flow using receivables before year end.read article

