What is an FEIN and should businesses apply for one?
An FEIN number helps businesses comply with tax laws and regulations, but it's not a requirement for every person starting a business. Learn why and how to apply.
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What are estimated tax payments and who pays them?
Self-employed individuals use Form 1040-ES to calculate estimated tax payments and send them to Uncle Sam to avoid penalties at tax time.
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Employer’s guide to tipped wages and reporting: Everything you need to know for 2025
Here's everything you need to know to make sure you’re staying in compliance and handling your employee’s tipped wages correctly in 2025.
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LLC tax benefits: How to save taxes with a single-member LLC
Understand how a single-member LLC business structure affects your taxes — and how to pay yourself.
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What's the purpose of an IRS CP-575 letter?
Sent by the IRS, a CP-575 letter lists a new business’s EIN and any tax forms the business will be required to file. Learn everything about it.
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What are pay stubs? Facts and reference guide for employers
Employers use pay stubs to keep payroll information on file and make it easy for employees to understand their earnings for each pay period.
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Payroll records retention: How long to keep payroll records in a business?
Keep everything compliant and organized by getting a clear picture of how long you need to hang onto payroll records and taxes.
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How taxable wage bases work for small businesses
Before you start calculating and withholding payroll taxes for your employees, it’s important to understand what a wage base is and how they work.
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What is gross pay vs. net pay: Here's the differences
Get the full rundown on gross pay vs. net pay, and what each means for paying your employees and running payroll.
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