Primer: Employment Taxes Clemmons NC

If you have employees on your payroll, your tax situation is significantly more complex. You'll have to keep track of payroll taxes, employee withholding, Social Security, Medicare, unemployment, disability, and worker's comp, to name a few. All of these require separate calculations and timelines for payment. These rules are very strict and complex, and if you're not in the payroll business, hire an accountant or a payroll service to keep yourself legal and punctual with all these payments.

Local Companies

Bsm&t Safety Consultants
(336) 766-9707
3501 Lakefield Ct
Clemmons, NC
Ee Enterprises Llc
(336) 766-9623
115 Mossydell Ct
Clemmons, NC
Master Counsel & Assoc Inc
(336) 766-1911
6600 Village Brook Trl
Clemmons, NC
Furr Tommy & Associates
(704) 542-0636
8318 Pineville Matthews R
Charlotte, NC
Professional Vision Group Inc
(704) 896-0227
20532 N Main St
Cornelius, NC
Bell Leadership
(919) 967-5840
214 W Cameron Ave
Chapel Hill, NC
Anderson Bauman Tourtellot Vos & Co
(336) 275-9110
230 N Elm St
Greensboro, NC
Berkana Consulting & Ocracoke Office Services
(252) 928-5555
88 Howard St
Ocracoke, NC
Tbma Inc
(919) 361-5981
Durham, NC



If you have employees on your payroll, your tax situation is significantly more complex. You'll have to keep track of payroll taxes, employee withholding, Social Security, Medicare, unemployment, disability, and worker's comp, to name a few. All of these require separate calculations and timelines for payment. These rules are very strict and complex, and if you're not in the payroll business, hire an accountant or a payroll service to keep yourself legal and punctual with all these payments.

All employees must fill out a federal W-4 form and a Form I-9 from the Immigration and Naturalization Service. You should also check with your state's office of taxation to find out about state income tax, unemployment, and worker's compensation, as well as what forms, if any, need to be filed.

If you use independent contractors and pay them more than $600 per year, you must file a Form 1099 with the IRS and send one to the person you paid. You can get these forms from your accountant or from tax officials. The Form 1099 reports to the government that this person was paid as a non-employee. This gives you the right to deduct those payments as an expense and tells the IRS to look for that money as income on your non-employee's Schedule C form.

Your tax preparer should provide you with forms and envelopes for making your estimated payments, or you can order these forms directly from the IRS by calling 800-829-3676.

Featured Local Company

Tax Investigation Corporation

IRS Tax Debt Help, Tax Preparation, Bookkeeping, Wage Levy, IRS Help

(336) 790-6455
2223B North Church Street
Greensboro, NC
www.TaxIC.org

•We are a Professional IRS and State Representation Firm for Individuals and Business.
•We offer realistic and achievable resolutions based on your unique situation and our investigation with the Tax Authorities

We started this company to help people and businesses who have tax problems. When we say “we can help you,” we mean it! For this reason, we do not accept every client that contacts us. We only accept clients who need our help and are committed to cleansing themselves of the burden of a Tax problem. If you do not need our help we will tell you.

Tax Investigation Corporation


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