Single member limited liability companies seem to be the popular choice these days for small business owners that want limited liability protection without the extra cost and hassle of an S-Corporation or a two-member LLC. However, SMLLC owners need to be aware of the court case listed below regarding payroll tax liability as they are [...]
Archive for the ‘Payroll Tax’ Category
Single Member LLC Owner Liable for Unpaid Employer Payroll Tax
Posted in Payroll Tax, Sole Proprietorships/SMLLCs, tagged business liability protection, employer payroll tax, Medical Practice Solutions, payroll tax liability, single member limited liability company, SMLLC, trust fund withholdings on June 25, 2009 | Leave a Comment »
Making Work Pay Credit & New Withholding Tables
Posted in IRS Announcements, Payroll Tax, Tax Acts and New Tax Laws, tagged 4/1/09 payroll, federal withholding tables, IRS IR-2009-13, making work pay credit, manual payroll calculation, withholding table changes on April 1, 2009 | 1 Comment »
If you are a small employer that calculates your payroll manually – please be advised that new withholding tables have been released and any payroll on or after today, April 1st, 2009, have to be calculated using the new tables.
Withholding Tables
IRS IR-2009-13 – Information on the change
For those of you who use QuickBooks, be sure [...]


