This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. Liabilities are a fact of life for a business owner.

Following general accounting principles is essential to managing your business. Maintaining a balance sheet of your assets and liabilities, tracking your cash flow with an income statement and ...

When you own a small business, you're liable for the employer's share of payroll taxes. Payroll taxes pay for Social Security and Medicare, and the employer's and employee's shares can together ...

Brian Beers is a digital editor, writer, Emmy-nominated producer, and content expert with 15+ years of experience writing about corporate finance & accounting, fundamental analysis, and investing.

I read the Watchdog column on a regular basis and I really appreciate everything they are doing. However, I need to take exception with parts of the article that appeared Saturday. They make the ...

Tax professionals say changing payroll services may stop future mistakes, but it does not erase unpaid taxes or filing errors already on record with the IRS. IRVINE, CA / ACCESS Newswire / December 22 ...

Outsourcing your payroll doesn’t mean business owners have outsourced their federal tax liabilities. That’s the message from the Internal Revenue Service, which notes that its had several recent cases ...

Tax professionals say changing payroll services may stop future mistakes, but it does not erase unpaid taxes or filing errors already on record with the IRS. IRVINE, CA / ACCESS Newswire / December 22 ...