New York City: Tax Services For Startups

For example, if an employee earns a salary of $200,000, the employer must pay a Medicare tax of $2,900 ($200,000 x 1.45%) in addition to the $2,900 that was [...]

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Understanding and Addressing Negative Retained Earnings

When a company has negative retained earnings, it means that the company’s losses are more significant than its accumulated profits. This can concern investors and creditors, as it may [...]

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