Archive for September, 2006

Did you send deposit for your Federal Income Taxes?

Tuesday, September 19th, 2006

As a business owner you have a lot of tasks and problems you have to solve every day.  One of them is to deposit regular installments of federal income tax. I, myself usually forget what are the due dates in the day to day rush. Therefore I check this Tax Calendar page. (Just bookmark it and come back to see what are different IRS deadlines).

For example if you own C-Corporation then you have to pay installment for federal income tax. It is based on estimate. If you see that your tax will be $50,000 based on your QuickBooks then pay 25% ($12,500).

What is the best way to pay? You can mail check, but I personally prefer to pay electronically using EFTPS.com. Eftps is IRS system for electronic tax payments.

Do it yourself payroll service

Tuesday, September 5th, 2006

Would you like to find the least expensive do-it-yourself payroll service, which is web based and accessible from any computer? We can offer you a great solution. Please contact us for more information. The cost for the company with up to 5 employees is $35 per month. There is $2 charge for each additional employee. The program will allow you to pay federal payroll taxes online, file them online, monitor and pay state taxes, W-2 fillings, email reminders…