by Candy | Apr 24, 2013 | News
When payroll is run, taxes are withheld from the employees for their portion of employment taxes including federal income tax, Social Security, Medicare, and any state taxes required. When these taxes are withheld from the employees, they are considered held in...
by Candy | Apr 22, 2013 | News
Friday I said goodbye to Michelle. She passed away on April 5, 2013 at the young age of 45 due to cancer. I have to say I’m still in shock that she is gone. She was a vibrant woman who brought joy and laughter to those around her. I wrote a blog post about...
by Candy | Apr 19, 2013 | News
In the last post I began discussing the taxabiity of restaurant to-go sales and the 80/80 rule. To read this information, see https://affordablebookkeepingandpayroll.com/?p=1345. This post will discuss the taxability of to go items if you don’t fall under the...
by Candy | Apr 17, 2013 | News
The last post answered some questions in regard to sales tax issues in general. This post will discuss tax issues related to the food and beverage industry. Please note that these rules are from the CA State Board of Equalization and apply only to CA locations...
by Candy | Apr 15, 2013 | News
Do you own a business that collects/remits sales tax? Are you often confused by the rules for what is taxable or not taxable in CA? Here are a few answers to frequently asked questions. 1. What is taxable? Retail sales of tangible personal property are generally...
by Candy | Apr 12, 2013 | News
The Dirty Dozen listing, compiled by the IRS each year, lists a variety of common scams taxpayers can encounter at any point during the year. But many of these schemes peak during filing season as people prepare their tax returns. The following are the Dirty Dozen...