The smart Trick of Business Tax That Nobody is Discussing
Should your FUTA tax liability is $500 or less for 1 / 4, carry over what you owe to another quarter (And perhaps other quarters). when your cumulative FUTA tax liability for 1 / 4 exceeds $500, then deposit the tax with the deadline for that quarter. Sole proprietors need to file a return if their Internet revenue from the business was $four hu