The Business Professor
LLC or Limited Liability Company - Explained
What is an LLC or Limited Liability Company? A Limited Liability Company (LLC) is a business structure allowed by state statute.
The Business Professor
Accounting for Employer Payrol Taxes - Accounting
Accounting for Employer Payrol Taxes - Accounting
The Business Professor
Understanding Business Taxes
This video provides an overview of business taxes in the United States, focusing primarily on income taxes for businesses. It explains the two tax regimes for businesses, namely partnership and corporation taxation, and discusses the...
The Business Professor
Payroll taxes
Payroll taxes are taxes created by the federal income contributions act or FICA. Payroll taxes are an obligation shared by employers and employees to fund Social Security and Medicare programs. An employer withholds FICA taxes from an...