A common mistake that many companies make is not filing a $0 return in a state when they no longer have employees in that state. When this happens most states will assume that you still have an employee in their state and will issue you a Notice of taxes due.
This typically can be easily resolved by simply filing a $0 return for the applicable quarters and then sending a Notice of Discontinuance to the applicable state advising them to take your company off their payroll tax roles.
11/04/2019
By: Gary Grottke, CPA, Quality Back Office LLC
A fixed-fee bookkeeping cleanup is priced from a two-hour diagnostic, per month of catch-up, and…
Dental practice bookkeeping that reads like the practice: collections vs. production by payer, AR over…
Can we afford to hire someone is a contribution margin question, then a cash question.…
How much a bookkeeper costs is the wrong question. What the fee includes (reconciliation, a…
Form 941 is due October 31 for Q3, along with a FUTA deposit if your…
Rental property bookkeeping needs real double-entry books. What landlord apps miss: deposits, gross vs. net…