Expert Payroll Tax Services & Quarterly Filing
Payroll Tax Service
One of our most successful business services is our payroll tax service. Completely automatic and customized to save you time and money, our payroll tax service is second to none.
We realize that so many business owners have so much to do that the last thing they need is to deal with another non income producing and non customer specific administrative task. That's what payroll recording and payroll tax calculations are.
With the help of our powerful custom software and expert personal attention to detail, our accountants can completely automate the entire process. Thus allowing you to focus on your most important tasks and have more time available.
Quarterly Filing
For Tax Day & Beyond
Everyone is clearly aware of Tax Day that comes around in April, however few people realize that there are other important deadlines to keep.
For instance, your income tax is a pay-as-you-go system for qualifying individuals or businesses. This means that if you are a sole proprietor or have other types of taxable income such as capital, you may actually incur penalties from the IRS if you do not file quarterly estimated payments each year.
Help To Avoid IRS Penalties
According to the IRS Website, “Individuals, including sole proprietors, partners, and S corporation shareholders, generally have to make estimated tax payments if they expect to owe tax of $1,000 or more when their return is filed.”
Free Advice
Rule of Thumb
The general rule is that you need to make estimated tax payments and file Form 1040-ES: (Estimated Tax for Individuals) if both of the following apply:
Exceptions
Exceptions may apply to farmers and fisherman, but even then, it dependent on the percentage of their gross annual income.
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Quarterly payments to the IRS are due on April 15th, June 15th, September 15th and January 17th. With our assistance however, you won’t have to even think about those dates or worry about any fees from the IRS.
We’ll make sure to handle all your filings and let you get back to more important things, such as the growth of your business.