Register a New Business in Puerto Rico with the Accounting Support You Need
Now is an excellent time to register a new business in Puerto Rico. The territory is doing everything possible to encourage investment and small business support, and setting up shop is easier than ever. That said, new business owners should do everything they can to organize payroll and tax obligations before needing to report. Here’s […]
Complete Form 499R-2 with AMS Payroll Software
Each year, employers in Puerto Rico must complete Form 499R-2, also known as the PR Withholding Statement. The form requires information regarding gross wages and withholding taxes from the previous calendar year, including commissions, allowances, tips, deductions, and additions. Employers will also need to include information regarding Social Security wages, Social Security Tax withheld, Medicare […]
File PR Form 499 R-3 with Payroll Software
PR Form 499 R-3, also known as the Reconciliation Statement of Income Tax Withheld, is not an intimidating form. At just one page, it requires a few essential pieces of information: personal information, including your employer identification number, business name, and address, as well as a brief run-down of wages, commissions, allowances, tax withheld, and […]
Managing Puerto Rico State Payroll Taxes with AMS
Starting a small business can be exciting, especially in Puerto Rico. In the fallout from Hurricane Maria, the territory is undertaking some pretty impressive development initiatives, from building a new energy grid from scratch to the new “gold standard” public private partnership law to encourage investment. If you’ve started a small business in Puerto Rico, […]
Registering a Business in Pennsylvania with PA-100
Starting a small business is exciting. In most cases, the owner has been dreaming of owning an independent business for years and is finally ready to take the leap. While running a small business is a time-consuming task, potential owners should better understand how to register a business in Pennsylvania before jumping head-first into the […]
Use AMS Software as Your PA Employer Withholding Guide
Pennsylvania has more than one type of employer tax rate, but determining your business’s rates can be difficult. Below, you will find a PA employer withholding guide to figure out just how much you should withhold and pay in the form of Unemployment Contribution taxes. Employer Resources The Pennsylvania Department of Revenue has a […]
AMS Software can Help with PA Local Tax Withholding
More than most other American states, Pennsylvania taxes are more likely to be assessed by individual towns or boroughs. Local income tax requirements for employers change depending on PSD, or Political Subdivision, code. However, figuring out your PA local tax withholding isn’t as simple as typing your address into a search engine. We’ll walk you […]
Figuring Out Oregon Withholding Tax Formulas with AMS
As an employer or self-employed worker, you likely spend a lot of time thinking about and calculating withholding tax. While a W-4 is useful for figuring out allowances, Oregon withholding tax formulas have changed a bit in the past few years. The Tax Cuts and Jobs Act in 2017 altered federal personal income taxes, and […]
Registering Your Business with OkTAP
If you’re starting a small business in Oklahoma, you’ll need to familiarize yourself with OkTAP, the Oklahoma Taxpayer Access Point. This is the central site used by business owners to make payments, submit documentation, request refunds, and, crucially, register your business. To get started as an OkTAP user, you’ll need to specify which tax account […]
Figuring Out Your Oklahoma Employer’s Withholding Tax Account
Most employers have to report and remit taxes collected throughout the year through an employer tax withholding report. In Oklahoma, the process of doing that has changed. Here, there is no full-version paper form. Instead, you will need to make an Oklahoma Employer’s Withholding Tax Account and register online. When starting a business, you will […]