Employers are responsible for paying payroll taxes to the IRS on their employees' income. Most companies pay estimated taxes on a quarterly basis, keeping the money in their accounts in between. The ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. David Kindness is a Certified Public ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Yarilet Perez is an experienced ...

When you're planning your business startup, there are a lot of factors to consider. What products are you going to sell? Will you have a brick-and-mortar space, operate primarily online – or offer a ...

An accrual has occurred but has not yet been paid for. This can include work or services that have been completed and considered accrued expenses. Interest that has been charged or accrued but not yet ...