Payroll Taxes

Payroll Taxes

Are you a self-employed professional (1099), or do you have employees? If yes, you need to know about payroll tax rates, Social Security and Medicare taxes (FICA), federal and state unemployment taxes, and quarterly returns… The whole 9 yards! Yap, it’s a legal requirement to file all those taxes ACCURATELY.

Keeping up with payroll tax rates, accurately calculating liabilities, and making timely payments can be time-consuming. Marigu Consulting helps you ease your business tax burden. Our payroll tax services include automatic tax administration — we’ll calculate, pay, and file your payroll taxes with the appropriate agencies, and we make sure that your business is getting the credits it deserves.

Our services on Payroll Tax Administration include;

Payroll tax calculation
Payroll tax payment
Filing of your payroll taxes with your appropriate agencies

Time savings and reduced risk of penalties for late or inaccurate payments.You can’t grow your business by spending all your time on administrative tasks like keying payroll data, filing taxes, and managing garnishments. It would help if you focused your time and energy on growth initiatives — leave the admin and compliance to us.

SALE & TAX USE

Are you a merchant ( one who trades in commodities produced by other people)? Then you are supposed to collect and submit to your state revenue agency (monthly) Sales and Use tax by the 5th of every month (depending on the state).

The penalty for failure to file and submit Sales and Use tax can be pretty hefty. For example, in Virginia, the law provides for the penalty to be assessed at a rate of 6% per month or part of a month from the due date of the return until the return is filed, or until the maximum penalty of 30% has accrued.

Just like Payroll Taxes above, this process can be both time-consuming and very tedious. Just focus on building your business, and let’s take that burden from you.