Operating a business with employees carries with it a large number of responsibilities. One of the most important, if not necessarily the most pleasant, is ensuring that your employment payroll taxes are paid. This is accomplished via withholding on most employees' paychecks. While in most businesses, this is done automatically, there may be circumstances that could lead to that not happening.
Tax preparation is a task few look forward to with great anticipation. Most people may wish to avoid it altogether and hire someone to do it for them. For many businesses, it is a necessary expense, as the complexity of dealing with taxes, from the personal income tax of the owners to the corporate or partnership filing of the entity itself can be time consuming, distracting and an activity that contains many risks.