S-Corporation Owner Payroll Withholding

S-Corporation Owner Payroll Withholding

As an owner of an S-Corporation, you are required to receive reasonable compensation (wages) in return for services provided.  Through the compensation,  we cover tax withholding for Federal and State so that the amount of tax will cover the taxes on their individual...
Obtain IP PIN

Obtain IP PIN

Get An Identity Protection PIN (IP PIN) An Identity Protection PIN (IP PIN) is a six-digit number that prevents someone else from filing a tax return using your Social Security or Individual Taxpayer Identification Number. The IP PIN is known only to you and the IRS....
Sending Out 1099 forms To Contractors

Sending Out 1099 forms To Contractors

Have you paid anyone who is not your employee in 2021? If so, you may be required to send them a 1099 form and file the information with the IRS. When is a 1099 required? In general, you need to provide and file a 1099 if you paid a contractor $600 more in the course...