6 essential tips for small business payroll tax compliance - WCS - Tax Accountant in Alexandria VA
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1 Articles
6 essential tips for small business payroll tax compliance - WCS - Tax Accountant in Alexandria VA
Staying compliant with payroll tax laws is crucial for small businesses. Mistakes can lead to fines, strained employee relationships and even legal consequences. Below are six quick tips to help you stay on track. 1. Maintain organized records Accurate recordkeeping is the backbone of payroll tax compliance. Track the hours worked, wages paid and all taxes withheld. Organizing your documentation makes it easier to verify that you’re withholding …
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