payroll tax

IRS Audits and the Self-Employed

According to the IRS, self-employed taxpayers are among the worst tax cheats.  Unfortunately for the vast majority law-abiding self-employed taxpayers, this means that they, as a group, are more likely to be targeted for an IRS audit.  Thankfully, there are steps that the self-employed can take to reduce their chances of being audited. The two […]

San Francisco May Begin to Impose 1.5% Tax on Stock Options

A change in federal reporting requirements has San Francisco-based companies worried that the city will begin enforcing a 2004 municipal tax provision that levies a 1.5% payroll tax on gains in employee stock options, a provision that has thus far gone unenforced. San Francisco has long levied a 1.5% payroll tax on local businesses. The […]