DP Financial & Tax

Description

On the other hand, an employee is someone who is told by an employer what work should be done, how it should be done, and when it is to be done. The worker has little control over their schedule and typically only works for one employer. If your worker is considered to be an employee, then the company is responsible for paying the worker’s wages through payroll. This means the company will need to withhold federal, state taxes, & FICA taxes. The company will also need to submit quarterly payroll reports and issue their workers W-2’s at the end of the year.

We help you CREATE SYSTEMS that will take many of the administrative burdens off the small business owner so they can focus on what they do best.

Effective October 1, 2011, the sales and use tax rates for Tulsa City and Tulsa County will be changing. Tulsa City’s sales and use tax rate will increase from 3% to 3.167%, effective October 1, 2011. Tulsa County’s sales and use tax rate will decrease from 1.017% to . 85%, effective October 1, 2011. The Oklahoma state sales and use tax rate will remain unchanged at 4.5%. Although there will be a change to both the Tulsa City and County sales and use tax rates, the total sales and use tax rate to be collected will remain at the current 8.517% rate.

This is a brief overview of the Meals & Entertainment deduction available on your business tax return or Schedule C. Meals include any amounts spent for food, beverages, taxes, and tips. Entertainment includes any activity generally considered to provide entertainment, amusement, or recreation. Entertainment may also include the cost of a meal you provide to a customer, client or employee, whether the meal is a part of other entertainment or by itself.

Fact sheet

Products & services

Similar companies nearby