How To Calculate The Penalty For Not Paying The Estimated Tax

Calculate The Penalty For Not Paying The Estimated Tax

Quarterly estimated taxes are a must for self-employed individuals, freelancers, independent contractors and small business owners. If you don’t pay estimated taxes you’ll attract IRS tax penalties. The first stage in determining your penalty is to calculate your federal income tax obligation. Your real tax payment will likely be less than what is shown on … Read more

How Is PEO Outsourcing Beneficial?

PEO Outsourcing Beneficial

PEO outsourcing, also known as Professional Employer Organization outsourcing, is a business practice where a company hires a third-party organization to handle certain HR functions. These functions may include tasks such as payroll administration, employee benefits management, and risk management. The PEO acts as a co-employer, meaning that they share employer responsibilities with the client … Read more