Understand payroll reports, provider responsibilities and sales tax records. Practical guidance for small business owners from Go Tax Dude in Port Washington.
Explore payroll support →Tips and insights on taxes, bookkeeping and running a business.
Your sales system shows tax collected. A sales tax return shows an amount due. The bank shows a payment. If those figures differ, the question is what explains the difference—not which number…
Read article →A bank statement tells you what reached the account. It does not necessarily show the sales detail needed to prepare a sales tax return. Fees, refunds and settlement timing can separate a…
Read article →Having payroll software does not tell you who is responsible for each step. The owner may assume the accountant submitted the payroll, while the accountant may be waiting for approval and the…
Read article →Your payroll provider shows one set of totals, while the bank account shows several withdrawals. Which amounts belong in your books? Recording every withdrawal as wages can hide important differences between employee…
Read article →Articles provide general information, not advice for your specific situation. Check the publication date and current guidance before acting.
