The 2011 California payroll tax rates and forms are now available. Click here: Payroll Forms to view and download new forms.
Archive for the ‘Paperwork’ Category
Important Payroll Tax Changes in 2011
Starting with the first quarter of 2011, employers will begin filing new: Quarterly Contribution Return and Report of Wages (DE 9) Quarterly Contribution Return and Report of Wages (Continuation) (DE 9C). Employers will report their Unemployment Insurance, Employment Training Tax, and State Disability Insurance contributions, along with the Personal Income Tax withholdings, quarterly on the […]
COGS or Cost of Goods Sold
If your business manufactures products or purchases them for resale, you generally must value inventory at the beginning and end of each tax year to determine your cost of goods sold. Some of your expenses may be included in figuring the cost of goods sold. Cost of goods sold is deducted from your gross receipts […]
New Outlandish 1099 Laws for 2011
Get your pen and pad of paper ready, 1099 paper that is. As part of the newly enacted Patient Protection and Affordable Care Act signed into law March 23, 2010, by President Obama, businesses will be required to report payments over $600 per year of goods or services made to anyone, including corporations, except entities […]