How to avoid payroll taxes

By elitecpas | September 28, 2012 | Comments Off on How to avoid payroll taxes

Wouldn’t it be helpful with your company’s cash flow if you could just not remit the social security and medicare withholding taxes? We don’t recommend this as a strategy but, according to the US Inspector General, it’s working pretty well for some Federal agencies. These Federal agencies owe over 14 million of back payroll taxes…

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The one place that you should never borrow money from

By elitecpas | December 5, 2011 | Comments Off on The one place that you should never borrow money from

  Here’s some good advice from the iowabiz.com site about the worst place to borrow money.  [The 2% IRS penalty referred to below is equal to an APR of about 25% on a 30 day loan!] by Joe KristanDecember 1, 2011 Every entrepreneur struggling to stave off hungry creditors has probably taken a wistful look…

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