The Internal Revenue Service (IRS) website offers several resources to assist new and small business owners with information needed to understand and meet federal tax obligations. Tutorials are available on-line and are conveniently labeled for easy accessibility anytime.
In this section, the IRS provides information on your employer responsibilities. You’ll learn how to verify an employee’s identity and status with the proper documentation, withhold federal taxes at the proper withholding or treaty rate, deposit or pay the tax withheld properly, and file accurate and timely withholding returns.
The IRS “Hiring People Who Live in the U.S. Who Aren’t Citizens” resource provides additional details on:
- Determining a Worker’s Tax Status
- Individual Tax Identification Number (TIN)
- Work Eligibility
- Resident Alien
- Nonresident Alien
- Calculating Withholding
- Employment Taxes
- And More…
The IRS website for businesses also provides resources for understanding business expenses, business income, taxes and more. It’s easy to use, provides the most current and accurate information, and is updated frequently to help new and small business owners with the information needed to meet federal tax obligations.
As an experienced payroll partner, Southland Data Processing also offers support to help keep payroll processing organized, compliant and accurate. Clients can expect to have access to a variety of resources, training and educational webinars to stay current with the latest news and information.
Our payroll professionals assist our clients with payroll, workforce management, benefits administration, and human resources needs. To get started or learn more about these solutions, simply contact us today.
We also invite you to meet with us today for a complimentary HR consultation and to learn how we can support objectives, overcome challenges, and address issues quickly and accurately.
For more information about our payroll services, please contact our payroll professionals at 909.946.2032. Or, click here and Let’s Talk!
For the latest updates, follow us on LinkedIn, Facebook, Twitter, YouTube, Instagram and TikTok for even more business tips and news.
*Southland Data Processing, Inc. (“SDP”) is not a law firm. This article is intended for informational purposes only and should not be relied upon in reaching a conclusion in a particular area of law. Applicability of the legal principles discussed may differ substantially in individual situations. Receipt of this or any other SDP materials does not create an attorney-client relationship. SDP is not responsible for any inadvertent errors that may occur in the publishing process.