Understanding Payroll Tax: The Basics

Payroll tax is a crucial aspect of running a business that employs workers. It encompasses the taxes an employer must withhold from employees’ wages and pay to the government on their behalf. These taxes typically include:

• Federal income tax withholding
• Social Security tax
• Medicare tax
• State and local taxes (where applicable)

As an employer, you’re responsible for calculating, withholding, and remitting these taxes accurately and on time. Failure to do so can result in penalties and legal issues.

At Bernice Hassan and Associates, we understand that managing payroll taxes can be complex and time-consuming. Our team of expert CPAs is here to help you navigate the intricacies of payroll tax compliance. We offer comprehensive services to ensure your business stays on top of its payroll tax obligations, including:

• Accurate calculation and withholding of payroll taxes
• Timely filing of required tax forms
• Assistance with tax deposits
• Resolution of payroll tax issues with the IRS

Don’t let payroll taxes overwhelm you. Let Bernice Hassan and Associates take the burden off your shoulders. Contact us today to learn how we can help your business maintain payroll tax compliance and peace of mind.

Unfiled Tax Returns? We’ve Got Your Back

Are you losing sleep over unfiled tax returns? You’re not alone. We’ve helped over 4,119 people tackle their tax debt challenges, including the dreadful task of dealing with unfiled returns.

Here’s what you need to know:

• The IRS is more understanding than you might think. They actually encourage taxpayers to file past-due returns voluntarily.
• There’s no time limit for submitting a previously unfiled return. However, to claim a refund, you must file within 3 years of the return due date.
• If you can’t pay what you owe immediately, don’t panic. There are payment options available, including installment agreements and offers in compromise.

Our team of experts can guide you through the process, helping you:

1. Gather necessary documentation for your unfiled returns
2. Prepare and file your past-due returns accurately
3. Negotiate with the IRS on your behalf if you owe taxes
4. Explore payment options that fit your financial situation

Remember, the longer you wait, the more complicated your situation can become. Interest and penalties continue to accrue on unpaid taxes. But with our experience in helping thousands of clients, we can help you find the light at the end of the tunnel.

Take the first step today. Contact Bernice Hassan and Associates, and let’s work together to get your tax situation back on track.

• → Schedule Your Free Consultation Now ←

Together, we’ll create a plan to address your unfiled returns and pave the way for a stress-free financial future.

Peace of Mind from The IRS Coming After You is in the Palm of Your Hand, BUT You First Need to Find The Experts Who Know The IRS’s Every Move 

Enter your emergency tax clinic for real estate companies, agents, contractors, and more. 

Did you know we also serve nurses, trucking companies, and 1099s? 

Our method is meticulous, and we’re ready to go to bat for our clients. 

Before I dive into our signature offer, let me share a few statistics… 

According to the IRS Data Book, 

– > The IRS takes 25% to 50% of your disposable income

—> You need to file all of your returns before being released from the Wage Garnishment 

— > Having a Revenue Officer applied to your case will mean that your case is being escalated, and they may start to gain access to your bank accounts