Why Should You Have Concerns about a California State Payroll Tax Audit?

Categories: Payroll Tax

woman-on-laptop

Why Should You Have Concerns about a California State Payroll Tax Audit? Most taxpayers and business owners do not know that they can be held personally liable for the payroll taxes of their business, even if it is a separate corporation. The EDD handles audits and collection of payroll taxes and maintains employment records for...

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Don’t Want an EDD Audit? Get Your Business on Payroll!

Categories: California Tax Law

Don’t Want an EDD Audit? Get Your Business on Payroll! Since the pandemic started to ease slightly in 2021, the Employment Development Department (EDD) accelerated their audits on California businesses. An EDD audit is a state payroll audit that generally occurs when a business has classified a worker as an independent contractor instead of an...

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What are the Penalties for Late Payment of Payroll Taxes?

Categories: IRS

Calculating payroll taxes.

What are the Penalties for Late Payment of Payroll Taxes? I’m often asked by business owners what will happen if they are late paying payroll taxes to the Internal Revenue Service (IRS). Employers should be collecting payroll taxes for every employee (with the exception of independent contractors). They are typically calculated as a percentage of...

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Are You Taking Payroll Tax Seriously?

Categories: Payroll Tax

Are You Taking Payroll Tax Seriously? I get so excited about payroll taxes because most business owners don’t understand how serious it is. If you have an employee working for you, and you are withholding their payroll taxes, you have a duty to pay that money over to the government. Sometimes business owners are struggling...

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You Could Be Personally Liable for Payroll Taxes

Categories: Payroll Tax

You Could Be Personally Liable for Payroll Taxes The IRS is very concerned about payroll taxes. They want to make sure if you are an employee working for a company, that the employer is withholding your payroll taxes and paying them over to the government. So one of the issues businesses have when they are...

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