Payroll taxes are a major expenditure for employers and employees. These taxes may be owed at the federal, state and local levels, depending on where the work is performed and the home states of your employees. Remote working only complicates matters. Here’s an overview to help your business navigate the withholding, filing and reporting requirements.

Keeping corporate minutes for your medical practice can sometimes be viewed as a time-consuming, burdensome task. But there’s a silver lining: The minutes can be used to document your practice’s intentions for transactions that have major tax implications. Here are six important matters to keep in mind involving compensation, loans, buy-sell agreements and more.

Many employers worry about key employees leaving the organization and running to a competitor with highly specialized or even proprietary knowledge. In response, many businesses ask such workers to sign noncompete agreements, assuming state law allows it. This article explains what noncompete agreements are and what factors usually convince a court that an agreement is enforceable. A sidebar briefly touches on other ways to protect a company’s intellectual property.

SEP retirement plans are easy to set up and maintain, so they may be the perfect choice for a small company. Here is a quick rundown of the advantages and disadvantages of simplified employee pension plans.