Are you getting ready to pay your first employee? Not...
Read More
Some people think they can outsmart the IRS by forming new companies. I think that just makes the IRS mad. http://fleetowner.com/management/news/trucking-owner-unpaid-taxes-0923
Make sure that your payroll taxes are built into your budget. Don’t use that money and the employees withholding money as short-term financing. That gets you into situations like the one in the article. I don’t know that the subject of the article did this but it’s not impossible. One advantage of outsourcing your payroll is that you can’t spend the money due to the IRS. Some companies don’t like that becuase they want the use of the money until the taxes are paid but that can put you in a bind if another expense comes up. Be safe!
Contact Us!
Incomplete Truck Driver Paperwork: How It Can Cost You Big
Have you ever felt pressured to get a new driver...
Read MoreHow Long Does It Take to Set Up Trucking Payroll Service?
Worried switching payroll companies means missing paydays or a stressful...
Read MoreCheap Trucking Payroll Services: Why They Often Cost More
Are you saving money — or setting yourself up for...
Read MoreI Want to Do Trucking Payroll Legal – But I Don’t Want to Go Broke
If you’re worried that switching from 1099 to W-2 will...
Read More