A payroll tax is unavoidable for most small businesses with paid employees. But with proper planning, you won’t be caught off guard when it’s time to pay Uncle Sam. Read on to learn what the taxes cover and how to collect and submit them.
For years, IRS audit rates have been declining as Congress has cut the IRS budget and its workforce has shrunk. The agency has relapsed its audit statistics for 2017, which marked the sixth consecutive year that audit rates have gone down.
On the hunt for free money for your small business? Government grants are one source. But funding from Uncle Sam isn’t as easy to come by as you might think. Find out who is eligible for government grants for small business and how to find and apply for grants.