Payroll Taxes

Many businesses rely on a payroll service provider to handle their tax withholdings, but they still need to make sure the Internal Revenue Service and state agencies get their due.

The Internal Revenue Service has expanded its Voluntary Classification Settlement Program (VCSP), paving the way for more taxpayers to take advantage of this low-cost option for achieving certainty under the law by reclassifying their workers as employees for future tax periods.

Congressional action at the start of 2013 to avert the so-called "fiscal cliff" has raised questions and created some confusion for taxpayers, but it hasn't sent many of these folks over the edge.

Greg Moore and Irvin "Jim" Jones Jr. have been friends for more than 40 years. For most of the past 10 years, they worked together at Jones' business, which performed inventory services for large companies.

A Catholic elementary school in Erie, Pennsylvania, owes the Internal Revenue Service more than $300,000 for failing to remit federal withholding taxes when the school was facing financial difficulties.

Small businesses are leading most states' economic recovery, according to a new state-by-state report released today by the U.S. Small Business Administration (SBA) Office of Advocacy, an independent office that serves as the voice for small business within the federal government.

The United States posted a $3B federal budget surplus for the month of January, marking the first surplus in about five years.

A man who was supposed to pay federal income taxes on behalf of several small business owners but didn't is going to prison for up 30 months.