With the possible exception of some CPAs or IRS employees, there aren’t a lot of people who enjoy tax season. And if you own or run a business, it’s very likely that you really hate tax season. Given the complex nature of taxes in business, this isn’t surprising. As just a partial list, many companies have to deal with business income taxes; sales taxes; payroll taxes, including matching FICA contributions; self-employment taxes; unemployment taxes; and other applicable state and/or local taxes. Keeping track of and paying all of these taxes is enough to leave anybody’s head spinning, even with the help of their accountant. One way to simplify your business’ taxes and help mitigate some of the stress involved with tracking and paying those taxes is to utilize a POS System.
...
Read More