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 Employment Tax Returns 2023Maine Revenue Services 2022

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but the reason why we talk about taking payroll towards the end of the year for some of you guys that are trying to understand this is because when you think about it one of the benefits to being a business owner is you make money first you spend money second and technically you pay IRS third and then you pay your taxes that's when you when it happens right when you're a W2 taxpayer you get paid IR or you make money IRS gets paid and then you get to spend whatever is left over it's kind of the reverse so as business owners you almost want to have that money and and reinvest that money to grow your business as opposed to just paying into payroll taxes when you don't know yet how much you might profit but one of the things that you do have at your disposal as a business owner is you have the ability to file zeroed out quarter one quarter two and quarter three payroll forms and you could take a yearend payroll but that means that you have to budget for the

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